Itautec Selects Innovatrics as its Biometric Technology Provider for the Brazilian and South American Market

Bratislava, Slovakia (February, 2012) – Global fingerprint technology leader Innovatrics announces that they have agreed to work with Itautec on software projects in the Brazilian and South American market that require biometric authentication and matching solutions. Itautec has selected Innovatrics as their "vendor-of-record." Strategic technological partner in order to match business requirements from its clients in the region.

"Itautec is a well-known ATM, kiosk and computer manufacturer in the Brazilian and South American markets, and also has a key role in project deployment and IT services," says Jan Lunter (CEO) "We are very happy and excited about the selection and look forward to working closely with Itautec on software projects that require biometric authentication and matching."

The relationship enables Itautec to utilize the whole suite of Innovatrics award-winning technologies including IDKit PC SDK (for custom software integrations) and the recently launched WebAFIS web-based enrollment and authentication platform. In addition, Itautec has access to Innovatric's extensive knowledge around building and implementing authentication solutions. Itautec has already integrated the Innovatrics IDKit PC SDK and ANSI&ISO PC SDK into their point-of-sale (POS) terminal software for 1:1 verification and matching. Itautec expects that deployed licenses of their biometric-integrated POS software will be significant within the Brazilian and South American markets.

"Through this partnership with Innovatrics, we'll be able to provide our customers a comprehensive solution involving biometric security. Overall companies are concerned with security, but they also are targeting availability and performance, what Itautec and Innovatricts will be able to provide with their high skilled personnel", says Enes Degasperi, Commercial Director for Itautec.

"This isn't just about technologies," says Dominik Petro (Sales Manager) "We are prepared to work very closely with Itautec in their markets and feel that this is the beginning of a strong partnership in their local markets. Furthermore, our work with companies like Itautec help us further establish the Innovatrics line of technologies and products as a worldwide leader in biometric authentication and matching."

For more information about the Innovatrics product line available to systems integrators like Itautec, visit www.innovatrics.com.

About Itautec
Itautec is part of Itaúsa, one of the largest privately-owned groups in Brazil. As one of the first 100% Brazilian publicly held holdings, Itaúsa was created to centralize the financial and strategic decisions of a group of companies, thus allowing them to have better conditions to expand. All companies that belong to Itaúsa - although doing business in very diverse sectors, such as: financial and real estate, manufacturing of wooden panels, bathroom ceramics and fittings, chemicals and electronics, including ATMs, kiosks, desktop computers, notebooks, tablets and servers, fiscal printers and POS solutions, beside IT services - have something in common: the Itaúsa view of developing and managing every single one of the businesses. The principles of valuing human capital, business ethics and the creation of value for shareholders on a continuous and sustainable basis are the characteristics of all the companies that belong to the Group. These principles are the base of their competitiveness by means of the continuous improvement of the quality of their services and products, while relying on internal development and on the absorption of the most modern technologies available, which has allowed the Group to take the leadership in many of its diverse sectors. For more information about Itautec, visit www.itautec.com.br.

About Innovatrics
Innovatrics is focused on providing fast, accurate, interoperable and sensor independent fingerprint recognition software for incorporation into final biometric applications. Innovatrics components offer exceptional performance perfectly suitable for both, high-end and low-cost biometric applications. Nowadays, independent software vendors, system integrators, biometric sensor manufacturers and AFIS constructors demand fast and accurate fingerprint recognition algorithm, capable of sensor interoperability and compliant with biometric standards. By working closely with these global partners, Innovatrics pursues its vision to bring the ultimate fingerprint recognition software to various biometric market segments and applications such as access control, network security and identification systems. For more information, visit www.innovatrics.com.

Media Contact:
Dominik Petro +421 911 369 509 – dominik.petro@innovatrics.com

Media Contact
Máquina da Notícia – Press Agency for Itautec
Tatiana Guerra (55 11) 3147-7467 – tatiana.guerra@maquina.inf.br
Fernando Kadaoka (55 11) 3147-7498/ (55 11) 8162-9130 – fernando.kadaoka@maquina.inf.br