Securics Licenses Biometrics Technology from CU<\/p>\n
Securics to develop technology that will verify identity while protecting privacy<\/p>\n
Colorado Springs, CO \u2013 The University of Colorado Technology Transfer Office (TTO) has executed<\/p>\n
an exclusive license agreement with Securics Inc., a Colorado Springs-based startup company providing<\/p>\n
technology-based security solutions. The license agreement covers a portfolio of patents and software<\/p>\n
designed to improve the accuracy of biometric software, as well as the groundbreaking BiotopeTM technology<\/p>\n
(described below). The technologies were developed by Dr. Terry Boult at the University of Colorado at<\/p>\n
Colorado Springs; Securics has continued to develop the technology, partnering with UCCS on multiple Small<\/p>\n
Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) grants from the<\/p>\n
National Science Foundation (NSF) and the Department of Defense (DOD). The multiple patent-pending<\/p>\n
biometric technologies licensed, along with Securics\u2019 internal developments, have been shown to significantly<\/p>\n
improve facial recognition algorithms, especially for long-distance and non-cooperative subjects. Securics has<\/p>\n
been selected by the US military to develop a long distance, outdoor, facial recognition system which will<\/p>\n
incorporate Securics technologies.<\/p>\n
\u201cDr. Boult\u2019s research in biometric security has uncovered the limitations of the technology,\u201d says Kate<\/p>\n
Tallman, Director of Technology Transfer for the University of Colorado at Boulder and Colorado<\/p>\n
Springs. \u201cSecurics will bring his ideas for privacy and security into the marketplace. We are pleased to see<\/p>\n
this company launch and grow in Colorado Springs.\u201d<\/p>\n
Biometrics is the process of using unique, difficult-to-fake human physical or behavioral characteristics<\/p>\n
to verify identity; fingerprinting is the earliest biometric technology. Other well-known biometric techniques<\/p>\n
include retinal scanning and facial or voice recognition, while newer techniques use methods such as hand<\/p>\n
geometry, iris recognition, keystroke dynamics, and facial thermogram. Biometrics is becoming increasingly<\/p>\n
important in both military and civilian applications, ranging from surveillance to data security to point-of-sale<\/p>\n
identity verification; however, current biometrics technologies are not foolproof, and stolen or forged biometric<\/p>\n
data cannot be replaced.<\/p>\n
-2-<\/p>\n
Securics\u2019 BiotopeTM technology transforms biometric data into a secure token, which can then be<\/p>\n
revoked and reissued in case of biometric identity theft. BiotopesTM have been developed for both fingerprint<\/p>\n
and face biometrics, and have been shown to improve their accuracy while enhancing the privacy of the<\/p>\n
users. The fingerprint BiotopeTM system has also been demonstrated with Java SmartCards, and has the<\/p>\n
potential to solve some of the most fundamental issues in remote\/web-based authentication. These devices<\/p>\n
provide a crucial second layer of identity protection that must be in place before consumers will feel<\/p>\n
comfortable relying on biometrics.<\/p>\n
\u201cSecurics was formed to solve a significant problem in non-revocable biometrics: once biometrics are<\/p>\n
compromised there is no canceling them — your privacy and security will forever be in question. Americans<\/p>\n
should not have to trade privacy for security, and with Securics’ technology they can improve both,\u201d states<\/p>\n
Terry Boult, Securics founder and CEO.<\/p>\n
About Securics<\/p>\n
Securics combines its expertise in biometrics, imaging technologies, embedded systems, networking and<\/p>\n
security to produce cutting-edge identification and verification systems. Securics has been selected by the US<\/p>\n
military to develop a long distance, outdoor facial recognition system. Securics’ commercial sector efforts<\/p>\n
focus on biometrics-based identification\/verification technologies with built-in privacy protection. The<\/p>\n
company’s patent pending technologies can be used to create Biotopes\u2122, cryptographically secure revocable<\/p>\n
identity tokens. These combine user and\/or company “public key” data with biometric data to form an identity<\/p>\n
token, which can be revoked if compromised. Biotopes protect today’s biometric systems from future<\/p>\n
obsolescence. Founded in 2004, Securics is a privately held corporation headquartered in Colorado Springs,<\/p>\n
Colorado. For additional information, visit www.securics.com.<\/p>\n
About the Technology Transfer Office<\/p>\n
The CU Technology Transfer Office pursues, protects, packages, and licenses to business the intellectual<\/p>\n
property generated from research at CU. The TTO provides assistance to faculty, staff, and students, as well<\/p>\n
as to businesses looking to license or invest in CU technology. For more information about technology<\/p>\n
transfer at CU, visit www.cu.edu\/techtransfer.<\/p>\n
About the University of Colorado<\/p>\n
The University of Colorado is a three-campus system with campuses in Boulder and Colorado Springs, and a<\/p>\n
Denver and Health Sciences Center campus located in downtown Denver and at the Anschutz Medical<\/p>\n
Campus in Aurora. CU is a premier teaching and research university, ranked sixth among public institutions in<\/p>\n
federal research expenditures by the National Science Foundation. Academic prestige is marked by CU\u2019s four<\/p>\n
Nobel laureates, seven Mac Arthur \u201cgenius\u201d Fellows, 18 astronauts, 19 Rhodes Scholars and CU-Boulder\u2019s<\/p>\n
ranking of 11th best public university in the world by the Institute for Higher Education. For further information,<\/p>\n
please visit http:\/\/www.CU.edu.<\/p>\n","protected":false},"excerpt":{"rendered":"
Securics Licenses Biometrics Technology from CU Securics to develop technology that will verify identity while protecting privacy Colorado Springs, CO \u2013 The University of Colorado Technology Transfer Office (TTO) has executed an exclusive license agreement (Full Press Release)<\/a><\/p>\n<\/div>","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-320","post","type-post","status-publish","format-standard","hentry","category-pressreleases"],"_links":{"self":[{"href":"https:\/\/pressreleases.uccs.edu\/index.php?rest_route=\/wp\/v2\/posts\/320","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pressreleases.uccs.edu\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pressreleases.uccs.edu\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pressreleases.uccs.edu\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/pressreleases.uccs.edu\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=320"}],"version-history":[{"count":0,"href":"https:\/\/pressreleases.uccs.edu\/index.php?rest_route=\/wp\/v2\/posts\/320\/revisions"}],"wp:attachment":[{"href":"https:\/\/pressreleases.uccs.edu\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=320"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pressreleases.uccs.edu\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=320"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pressreleases.uccs.edu\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=320"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}