Paul Korda . com - The Web Home of Paul Korda, singer, musician & song-writer.

International Entertainment News

Wednesday, January 19, 2005

SAFLINK and Wausau Financial Systems Partner to Provide Improved Payment Processing and Network Integrity Solution

SAFLINK and Wausau Financial Systems Partner to Provide Improved Payment Processing and Network Integrity Solution Wausau to Include SAFLINK Biometric Software With Leading Payment, Transaction Processing, and Retail Delivery Solutions; Company Adopts SAFLINK Software for Internal Use BELLEVUE, Wash., Jan. 19 /PRNewswire-FirstCall/ -- 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." About Wausau Financial Systems Wausau Financial Systems (WFS) is a recognized leader in the development and implementation of knowledge-based products for the payment and transaction processing industry. WFS provides transaction-processing applications for all size companies ranging from Fortune 500 corporations to independent local financial institutions and commercial businesses worldwide. In addition to software and hardware options, the company offers comprehensive training, consultation, 24-hour customer support, consumable supplies, and a 100% satisfaction guarantee. Currently, WFS employs more than 400 associates supporting over 650 worldwide customer sites. For more information, visit www.wausaufs.com. About SAFLINK SAFLINK Corporation offers biometric security and smart card solutions that protect intellectual property, secure information assets, and eliminate passwords. SAFLINK's software provides Identity Assurance Management(TM), allowing administrators to verify identity and control access to computer networks, physical facilities, applications, and time and attendance systems. Litronic, Inc., a wholly-owned subsidiary of SAFLINK and global provider of secure identity management and information assurance products for the government and commercial markets, offers protection for popular applications such as e-mail, instant messaging, web transactions, and individual files. For more information, please visit http://www.saflink.com/ or call 800-762-9595. NOTE: "SAFLINK" and "The Power of Biometric Authentication" are registered trademarks of SAFLINK Corporation. "Protecting your enterprise through secure authentication" is a trademark of SAFLINK Corporation. 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: SAFLINK Corporation 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 Web site: http://www.wausaufs.com/ Web site: http://www.saflink.com/ ------- Profile: International Entertainment

0 Comments:

Post a Comment

<< Home