Edentify's Tom Harkins to Participate in Inaugural Meeting of ID Theft Prevention Standards Panel
Posted by Terrence DeFranco on Wed, Nov 15, 2006
Bethlehem, Pa
Edentify Inc. (OTC BB: EDFY), a leading provider of identity management and fraud detection solutions, (http://feeds.feedburner.com/EdentifyPressReleases) today announced that its Chief Operating Officer and former MasterCard International executive, Thomas J. Harkins, will participate in a panel discussion at the inaugural meeting of the Identity Theft Prevention and Identity Management Standards Panel (IDSP), a cross-sector coordinating body jointly sponsored by the American National Standards Institute (ANSI) and the Better Business Bureau (BBB), held November 16, 2006 through November 17, 2006 at the Sheraton National Hotel in Arlington, Virginia. Harkins’ discussion is scheduled for Friday, November 17, at 1:45 p.m.
The IDSP is a cross-sector coordinating body whose objective is to facilitate the timely development, circulation and use of voluntary consensus standards and guidelines that will equip and assist the private sector, government and consumers in minimizing the scope and scale of identity theft and fraud. The aim of IDSP’s inaugural meeting is to open discussions on standards-based solutions relative to the life cycle of identity theft and management concerns, and provide an opportunity for information-sharing and engagement with the broader community of stakeholders to help shape the panel’s future work program.
Harkins will partake in a panel discussion that will explore new technologies, business trends, programs and services aimed at eliminating opportunities for identity theft and fraud. Prior to joining Edentify, Harkins spent almost two decades helping MasterCard’s high-profile corporate customers find and fight fraud, data theft, and other high security risks, and now leads Edentify’s business and product development efforts.
“It is a tremendous honor to take part in such a forward-thinking panel,” says Harkins. “With identity theft being the fastest growing crime in America, it is crucial that we educate members of all sectors on the technologies and services aimed at eliminating identity fraud. I am thrilled to have this opportunity to not only start a dialogue on matters relating to identity theft, fraud and management, but also bring greater visibility to some of the available detection and prevention technologies, such as Edentify’s solutions, needed to assist financial, government and consumer sectors in minimizing the devastating effects of this crime.”
ABOUT EDENTIFY
Edentify, Inc. (http://www.edentify.us) is one of the leading organizations dedicated to developing and deploying technology solutions utilized in preventing identity theft and fraud. Edentify has intellectual property rights to two solutions aimed at detecting and preventing identity fraud. The first is a patented information-based solution that analyzes identity information of individuals in large corporate and government databases, and is capable of detecting and scoring incidents of identity manipulation and potential fraud (Identity Quotient Index™). The second intellectual property is a unique biometric solution (technology-based solution) marketed through the company’s wholly-owned subsidiary, InMotion Biometrics, Inc. (“IMB”), that combines face and voice recognition technologies for authenticating the identity of an individual. Edentify sells its solutions directly, and through channel partners in the financial services, healthcare, and government sectors. Future plans include the development of an integrated product that combines our information-based ID manipulation detection capability with IMB’s biometric technology, thereby enabling more accurate enrollment and, subsequently, a more reliable identity protection system.
Forward-Looking Statement Disclaimer
This press release may contain forward-looking statements that are made pursuant to the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995. Statements of future goals and similar statements reflecting other than historical facts constitute forward-looking statements. These forward-looking statements involve a number of risks and uncertainties, which are described in Edentify’s filings with the Securities and Exchange Commission. The actual results may differ materially from any forward-looking statements due to such risks and uncertainties. Edentify undertakes no obligation to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
Press Contact:
Mike Lizun
Gregory FCA
610) 642-8253
Email: Mike@GregoryFCA.com
Corporate Contact:
Terrence DeFranco
Edentify, Inc.
610) 814-6830
Email: TmDefranco@Edentify.us