[September 22, 2014]

Egis Technology Inc. Hosting Japan Conference: Evolution of Biometrics Identity & Mobile Payment

Egis Technology Inc. (EgisTec), a FIDO Alliance member, will be hosting a conference on the 24^th of September in Tokyo, Japan. Nok Nok Labs, an innovator in modern authentication and founding member of the FIDO Alliance and the FIDO Alliance will also be partaking in this conference alongside EgisTec. Operators, handsets, and 3^rd party payment industries from the United States, Japan, and China will be invited to attend. This conference will focus on the discussion of biometric technology and mobile payment industry trends and its relationship with the blooming global ecommerce market.

In addition to keynotes, the FIDO Alliance, Nok Nok and EgisTec will demo products and applications to emphasize and promote the collaboration amongst the various industries. "It is an exciting to see another FIDO end-to-end solution delivered by collaborative work from EgisTec and Nok Nok Labs," said Michael Barrett, president of the FIDO Alliance. "EgisTec is a known leader in the biometrics and multi-factor security space, and we greatly look forward to their contributions to the Alliance," said Michael Barrett, FIDO Alliance president.

"Nok Nok Labs has established a strategic relationship with EgisTec to create an end-to-end FIDO Fingerprint solution based on specifications released by the FIDO Alliance," said Rajiv Dholakia, VP Product Management, Nok Nok Labs. "EgisTec's touc sensor technology will allow OEM manufacturers to build FIDO authenticators to fit into small form factor devices and also expand the reach of Nok Nok's technology to more devices. The combination of Nok Nok and EgisTecs' technology delivers strong and simple authentication to drive payments."

Apple (News - Alert) recently announced Apple Pay, targeting mobile payments and reducing the frictions involved in the payment process. With the use of the Internet becoming the norm to shop, it is imperative that we know exactly whom we are dealing with to avoid fraud while at the same time making the payment process easier, simpler, and more secure.

About FIDO Alliance

The FIDO (Fast IDentity Online) Alliance plans to change the nature of authentication by developing standards-based for simpler, stronger authentication that will reduce reliance on passwords. For more information, visit http://fidoalliance.org.

About Nok Nok Labs

Nok Nok Labs, Inc., based in Palo Alto (News - Alert), CA, was founded to transform online authentication for modern computing. The company is backed by a team of security industry veterans from PGP (News - Alert), Netscape, Oracle, PayPal and Phoenix that have deep experience in building Internet scale security protocols and products. The company's solutions enable end-to-end trust across the web using authentication methods that are natural to end-users and provide strong proof of identity. For more information, visit www.noknok.com.

About Egis Technology Inc.

As a leading provider of fingerprint biometrics, EgisTec specializes in providing turnkey solutions with superior sensor performance and software functionality. The company aims to ultimately be the top fingerprint security brand with the largest user base in the world. EgisTec is headquartered in Taipei, Taiwan. For more information, visit www.egistec.com.

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