Hoyos Corporation Rolls Out First Iris-Biometrics System Priced to Compete with Generic Card Readers

NEW YORK, Dec. 7, 2010 /PRNewswire/ -- Hoyos Corporation (Hoyos), a Puerto Rico based advanced R&D laboratory and intellectual property holding company, announced today that they will add a new iris scanning device, called the EyeSwipe-Nano™, to their suite of cutting edge identity management products.

The EyeSwipe-Nano™ will be approximately one quarter of the size of the break-through EyeSwipe-Mini®, roughly the footprint of a dollar bill. The new product can capture the irises of people from a distance and in motion at a rate of twenty people per minute.  The high throughput, accuracy, and ease of use make this device a highly attractive product for commercial, industrial, and high-density residential property usage.

The EyeSwipe-Nano™ will use the same iris-scanning technology that powers Hoyos' entire suite of biometrics products.  The product will be commercially available during the first quarter of 2011 and will be comparably priced to older technology card readers on the market today.  

"Token-based access control systems are the most prevalent form of security in commercial real estate spaces around the world.  The EyeSwipe-Nano™ will provide Pentagon-level security at price levels that any current or prospective user of card access such as property managers, financial institutions, manufacturers, retailers, REIT, or individual building owners can afford," said Hector Hoyos, CEO of Hoyos Corporation.

Hoyos has revolutionized the access control and identity management industry by delivering next-generation iris based systems to companies in the financial services and government sectors.  They anticipate expansion into the consumer sector in 2011.  The Company has developed a portfolio of hardware and software services and business methods that utilize iris biometric technologies to help governments and businesses around the world overcome the everyday challenges of identity management.  Hoyos' current portfolio of proven products includes the HBOX®, HBOX®-V, HCAM®, EyeSwipe®, and EyeSwipe-Mini®.

About Hoyos Corporation

Hoyos Corporation is a global company with shareholders from across the world. It was incorporated in San Juan, Puerto Rico in November of  2005 as an intellectual property holding company with a world class R&D operation. Today, Hoyos is revolutionizing the access control and identity management industry. The global reliance upon electronic data and transactions has created an increasing need to secure identity and control access to physical locations, electronic networks and the devices that connect to them in order to combat the very costly threats of identity theft and financial fraud. Hoyos delivers a vastly different operating model where privacy, convenience and security are synonymous.

SOURCE Hoyos Corporation