BQT bqt solutions limited

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    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
 
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Currently unlisted public company.

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