Would have thought if this relates to previous announcement they'd hit the market with the figures again ... when is the cash hitting the table??
BQT Solutions’ miPASS Smart Cards Get Smarter With Optimiser’s Real-time Digital Management Biometrics, Activity Management To Create Highly Secure Access, Payment Applications BQT Solutions (ASX Code: BQT) – developer of miPASS contactless smart card solutions – and Optimiser – Digital Management specialist and creator of a unique Authoritative Metadata Engine for managing digital assets in realtime – will integrate their respective technologies, under a recently signed Memorandum of Understanding, to create "live" smart card-based applications and services that can be managed in the field, in real-time. The combination of fingerprint biometric authentication with up-to-the-minute business activity monitoring will provide unparalleled management features and security for both users and vendors of smart card-based physical access systems, Internet payment and banking services, as well as software and eCommerce applications generally. Optimiser's Digital Management solution also introduces vital billing capabilities to smart card-based applications giving vendors flexibility for deploying new event-driven sales models, including Pay-As-You-Use (PAYU). "We are delighted that BQT and Optimiser have come together to unite the world of physical access security with the latest in software management techniques," said John Genner, Managing Director of BQT Solutions. "We believe the union of Optimiser’s Digital Management and BQT’s biometric smart card technologies will provide a unique and powerful solution to the problems of identity theft, password theft and Internet phishing." BQT Solutions' smart card solutions are based on Philips Electronics' open, ISO14443A-compliant Mifare technology, the industry standard for contactless smart card-driven transaction systems. BQT enhances this technology with biometric and physical security applications to create its miPASS range of access control solutions for managing the credentials of user communities where protection and validation of an individual's identity, and their assigned privileges, are paramount. These include electronic banking, cash, payment and toll systems; identity cards for voting, healthcare, insurance and licensing schemes; military and government projects; building access and secure facilities management; as well as mobile phones, mobile devices, satellite TV set-top boxes, personal computers and peripherals. BQT Solutions Limited ABN 89 000 029 265 Level 4, 65 Epping Road North Ryde NSW 2113 Australia Phone: +61 2 8817 2800 Fax: +61 2 8817 2811
BQT Price at posting:
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