A4VISION AND IN-Q-TEL PARTNER IN ADVANCED 3-D IMAGING SOLUTIONS FOR GOVERNMENT AND COMMERCIAL MARKETS
March 7, 2005
Sunnyvale, CA
A4Vision Inc, global leader in advanced identification software and 3-D facial imaging products and technology, today announced it has signed a strategic development agreement with In-Q-Tel, a private venture group funded by the Central Intelligence Agency (CIA). In-Q-Tel's strategic development agreement with A4Vision enables use of A4Vision's core 3-D facial biometric imaging and identification technology in new applications planned for commercial and government markets. Financial terms provide equity in A4Vision to In-Q-Tel and a commitment to development of A4Vision's 3-D imaging technology for new commercial and government applications.
"A4Vision has been working with the US and other governments worldwide since our inception. In-Q-Tel's partnership with A4Vision denotes insight to A4Vision's unique developments of 3-D imaging and our capability to meet confidence levels and criteria required by the world's most demanding buyers." said A4Vision CEO Grant Evans. "We anticipate forthcoming developments with In-Q-Tel to present new dimensions in 3-D imaging security, ranging from access control at borders, to buildings, networks, airports and secure areas to identifying persons or objects in transit or transport - all areas of keen global interest at present."
"A4Vision's technology offers unique 3-D data capturing and processing capabilities," said Gilman Louie, President and CEO of In-Q-Tel. "In-Q-Tel is very pleased with its partnership with A4Vision and their promise of significant developments in 3-D imaging that will enhance government security readiness as well as the anticipated developments for the commercial sector."
A4Vision has been shipping 3-D imaging products for access control, secure authentication and verification and database enrollment, since October 2003. More information is available and products may be ordered at http://www.a4vision.com.
About A4Vision™
A4Vision (Applications for Vision) develops and licenses advanced identification systems and tracking solutions using 3-D facial imaging and recognition technology. A4Vision is headquartered in California (USA) with offices in Geneva (Switzerland) and Moscow (Russia).
About In-Q-Tel
In-Q-Tel is a private, independent, not-for-profit venture group funded by the CIA. Launched in 1999, In-Q-Tel's mission is to identify and invest in companies developing cutting-edge information technologies that serve United States national security interests. Working from an evolving strategic blueprint that defines the CIA's critical information technology needs, In-Q-Tel engages with entrepreneurs, established companies, researchers and venture capitalists to deliver technologies that pay out in superior intelligence capabilities for the CIA and the larger Intelligence Community. Learn more at http://www.in-q-tel.org.
