ID GLOBAL SOLUTIONS CORPORATION (OTCBB:IDGS) ANNOUNCES THE ACQUISITION OF FIN HOLDINGS INC. ADDING TO IDGS’S ADVANCED BIOMETRIC AND SECURE CREDENTIAL TECHNOLOGIES
ORLANDO, FLORIDA – February 16, 2016 - ID Global Solutions Corporation (OTCBB:IDGS) ("IDGS" or the "Company"), a leading provider of Secure Biometric Identity and Electronic Transaction Solutions, announces its acquisition of FIN Holdings Inc. ("FIN") and its wholly owned subsidiaries, ID Solutions Inc. a Delaware Corporation specializing in field proven, cutting-edge biometric fingerprint software technology and algorithms, as well as Cards Plus SA, a South African company which provides unique secure credential products and solutions to government customers in Africa.
The acquisition enhances IDGS’s current Transaction Security and Financial Inclusion platforms with highly accurate, fully integrated biometric fingerprint verification and backend matching capabilities. Recently tested by the U.S. Government National Institute of Standards, ID Solutions' proprietary fingerprint technology performed in certain cases ahead of other leading fingerprint biometric companies from around the world. This biometric technology has also been successfully deployed by the U.S. government as a back office AFIS solution that is used to ensure the identity of transportation workers throughout the country, as well as in U.S. commercial markets and by other governments worldwide in order to verify identity and secure physical and digital access.
- Published: 16 February 2016
- Written by Investor Ideas
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