Titanium Group Limited Awarded Patent for Auto-Tracking Face Recognition Device in Mainland China
July 26 2007 - 8:30AM
PR Newswire (US)
HONG KONG, July 26 /PRNewswire-FirstCall/ -- Titanium Group Limited
(OTC:TTNUF) (BULLETIN BOARD: TTNUF) , a leading biometric and
security solutions provider featuring proprietary and patented
Automated Face Recognition Systems (AFRS), has been awarded a
patent in Mainland China for an innovative auto-tracking face
recognition device. China Patent No. ZL 2006 2 0056518.8, awarded
on June 27, 2007, is for an auto-tracking face recognition device,
which detects the location of the face of a target person within a
frame, and then, by adjusting for orientation, position, focal
length, etc., calibrates a built-in camera which captures a clear
portrait of the target person. The ability to auto-track and
standardize the location of a person's face within a frame greatly
enhances the usability of contact-less face recognition systems
installed at fixed locations, such as turnstiles and doorways, and
provides a faster, more user-friendly experience. Jason Ma, CEO of
Titanium Group Limited, said, "We are excited with the patent
awarded as this is the first we've obtained in Mainland China." Mr.
Ma continued, "This patent illustrates the continuing development
of Titanium's technology and the company's commitment to producing
the most efficient, user-friendly and accessible face recognition
devices available, allowing further security of Titanium's
intellectual property and competitive edge in the marketplace."
Titanium Group currently has a patent in Hong Kong, "APPARATUS AND
METHOD FOR RECOGNITION IMAGES" (Hong Kong Patent No. 1053539), and
a US patent pending "METHOD AND APPARATUS FOR ROBUST FACE
RECOGNITION", United States Patent Pending No. 11/462491 along with
the above mentioned Mainland China patent. About Titanium Group
Limited: Titanium Group Limited (http://www.titanium-tech.com/),
through its wholly owned subsidiary, Titanium Technology, is a
leading biometric and security solutions provider featuring its
proprietary and patented Automated Face Recognition Systems (AFRS).
Titanium's AFRS products capture human face images electronically,
input the facial images into searchable files (faceprint) and, in
just seconds, accurately compare the facial images to a database
containing millions of faces. These cutting-edge products reduce
administration cost, enhance security, and significantly increase
overall productivity. Titanium's products are distributed
worldwide, either directly or through resellers or OEM partners, to
governments, law enforcement agencies, gaming companies, and other
organizations. The Company's clients include: ESPN, IBM and the
People's Bank of China. This press release includes certain
"forward-looking statements." These statements are based on
Titanium Group management's current expectations and are subject to
risks and uncertainties and changes in circumstances. All
forward-looking statements included in this press release are based
upon information available to Titanium Group Limited as of the date
of the press release, and it assumes no obligation to update or
alter its forward looking statements whether as a result of new
information, future events or otherwise. These forward-looking
statements may relate to, among other things, plans and timing for
the introduction or enhancement of our services and products,
statements about future market conditions, supply and demand
conditions, and other expectations, intentions and plans contained
in this press release that are not historical fact. Further
information on risks or other factors that could affect Titanium
Group Limited's results of operations are detailed in its filings
with the United States Securities and Exchange Commission available
at http://www.sec.gov/. At the Company: Jason Ma, CEO Investor
Relations: Equity Performance Group Erin Hegarty (617) 723-2225
DATASOURCE: Titanium Group Limited CONTACT: Jason Ma, CEO of
Titanium Group Limited, ; or Investor Relations, Erin Hegarty of
Equity Performance Group, +1-617-723-2225, , for Titanium Group
Limited Web site: http://www.titanium-tech.com/
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