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Identascan Corporation, progress report.


News provided by

Identascan Corporation

Sep 12, 2011, 08:18 ET

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NEW YORK AND MONTREAL, Sept. 12, 2011 /PRNewswire/ - Identascan Corporation and partner-ICBS Ltd., (OTCPK: ICBT),   announce progress report.

Identascan Corporation headed by Dr. Li Liu who is in the process of developing a computer program that will allow the identification of individuals by their body movements.  "Each individual's body movement is as personal as their fingerprint", said Identascan's President Dr. Li Liu.

Dr. Liu holds Post-doctoral Fellowships in Bioresource Engineering, Mathematics, a Ph D. in Computer Science, and  a B.Sc. in Computer Science.

The first step for the Identascan project "Development of human identification systems for visual surveillance in security-sensitive environments" has done by the end of August 2011. In this step, the framework for the human identification systems is developed and the data for different biometrics is collected for the future research. The detail work is described in the following.

  • Development of the framework for human identification systems. There are three main stages in the proposed framework: Detection/initialization, Multi-target tracking, and Recognition. In the detection stage, persons in the frame stream will be located by detecting the human body and head and then roughly verified by face and/or gait analysis. Once the target persons are decided, the systems will run into the tracking stage. More biometric analysis and human pose and motion analysis will be involved in this stage to determine the objects (i.e. humans) of interest. The objects of interest are the input of the stage of recognition and the individuals will be identified based on biometrics. If no object of interest is found in the current frame stream, the systems will re-initialize and repeat the three stages.
  • Data collection.  Different biometrics data has been collected from Asia and North America which includes face and gait.  The data will be used to develop tracking algorithms and recognition methods for the human identification systems.

In the next step, we will develop algorithms for object tracking and person recognition based on different biometrics and collect the data suitable for crowd analysis.

Identascan's program will allow surveillance in such places as airports and crowded walkways to identify an individual in a crowd even if only 40% of their body mass is visible.  The program which also incorporates Artificial Intelligence along with proprietary identification and scanning technologies .

ICBS is providing financing and management services.

Legal Notice Regarding Forward-Looking Statements:

Safe Harbour: This press release contains forward-looking information within the meaning of section 27A of the Securities Act of 1933 and section 21E of the Securities Exchange Act of 1934 and is subject to the Safe Harbour created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of ICBS Limited, to be materially different from the statements made herein.

SOURCE Identascan Corporation

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