"We believe this is game-changing technology for existing and future internet gaming platforms," said Michael R. Sonnenreich, Chairman of the Board. "We are continuing to roll out products that are safer and easier than the outdated system of passwords and PINs, and that is good news for consumers and companies providing other online services."
The Company expects this new technology to have wide popularity in the financial services industry, online gambling platforms and any login system that is susceptible to password hacking.
ABOUT LASERLOCK TECHNOLOGIES, INC.
LaserLock is a high-tech solutions company in the field of authenticating products and people. It offers state of the art solutions to combat counterfeiting and identity fraud for governments, health care providers, the gaming industry, the financial services industry and high-end retailers.
The company authenticates products, government documents, and currency with a suite of proprietary security inks and digital solutions that have never been compromised, making them safer than other anti-counterfeiting technologies such as holograms. LaserLock's anti-counterfeiting solutions protect the reputation and bottom-line of governments and businesses around the world.
The company authenticates people by performs strong, multi-factor identity validation via a patented digital platform called VerifyMe™, which identifies an individual by requiring a shared secret (something you know), a physical token (something you have) and a biometric factor (something you are). The process takes less than five seconds and achieves military-grade authentication standards. As the world moves away from password-based authenticat
|SOURCE LaserLock Technologies, Inc.|
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