SAFLINK and Wausau Financial Systems Partner20 January 2005
SAFLINK(R) Corporation (Nasdaq: SFLK), the leading provider of biometric and smart card security solutions, today announced a reseller partnership with Wausau Financial
Systems (WFS), the leading provider of transaction and payment processing
solutions to more than 5,000 financial services clients.
Under terms of the agreement, WFS will package SAFLINK's biometric
security software with WFS solutions to be delivered to new and existing
customers. WFS will also deploy SAFLINK's security solution internally to more
than 400 employees to enhance the security of sensitive customer information.
"With the advent of Federal regulations such as Gramm-Leach-Bliley and
Sarbanes-Oxley, computer access using biometric authentication provides
enterprise-wide network integrity," states Dave LeBeau, EVP of Marketing and
Product Development with WFS. "Our goal is to ensure that all WFS solutions
meet industry and regulatory standards, to provide our customers fast access
to our applications in a secure and convenient manner, and to reduce password
reset support costs. That's why we've chosen to work with SAFLINK, the leader
in biometric security."
SAFLINK's SAFsolution(R) -- the core technology it will provide for
integration with WFS products -- is designed to lower the IT costs associated
with password management while ensuring network integrity and improving user
productivity. SAFLINK's tight integration with Microsoft Windows(R) Active
Directory(R) and Novell eDirectory(TM) delivers configuration and
administration efficiency, enabling rapid deployment, simple management, and
immediate scalability.
"The sensitive nature of payment and transaction data and the critical
role these applications play in most corporations makes WFS' financial
solutions an ideal target for biometric security," notes Steve Rishel, COO for
SAFLINK. "In delivering products to the financial services market, it is
important that we choose our partners carefully. WFS is a reputable and
acclaimed leader in the payment and transaction processing industry. It's
particularly gratifying to know that WFS feels so strongly about the benefits
of identity assurance that it has elected to deploy our software for the
company's internal systems."
This release contains information about management's view of the company's
future expectations, plans and prospects that constitute forward-looking
statements for purposes of the safe harbor provisions under The Private
Securities Litigation Reform Act of 1995. Actual results may differ
materially from historical results or those indicated by these forward-looking
statements as a result of a variety of factors including, but not limited to,
risks and uncertainties associated with the company's financial condition, its
ability to sell its products, its ability to compete with competitors and the
growth of the security market, and in its Annual Report on Form 10-K, as well
as other documents periodically filed with the Securities and Exchange
Commission.
Contact: Rachel Berry of Sterling Communications, +1-253-853-5030, or
rberry@sterlingpr.com, for SAFLINK; or investor relations, Todd Kehrli,
+1-626-395-9500, or todd@mkr-group.com, for SAFLINK; or Amy Zondlo, Director
of Public Relations of Thomas Marks & Associates, +1-956-581-9093, or
azondlo@wausaufs.com, for Wausau Financial Systems.
Source: PR Newswire
All trademarks and copyrighted information contained herein are the property of their respective owners.
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