News

Source: YTN TV
July 28, 2005


The First Rollout of Fingerprint Sensor-embedded
Super Smart Card in the World

[Reporter]
e-Currency to verify fingerprints is expected to make the first appearance in Busan first in the world.

Even though the card is robbed, no one is able to use it except for the cardholder. This card is scheduled to be introduced in Busan.

Reporter Kim In-Cheol has this news.

[Reporter]
e-Currency refers to Smart Card which enables various types of information to be stored.
In case e-Currency which is used in subway, bus, and stores is lost, there is a great possibility that individuals get huge damage because it doesn't have a feature to verify users.

However, this card containing fingerprint verification functionality boasts of perfect security.
If a cardholder's fingerprint matches the fingerprint stored on the card, this card can be used.

This fingerprint verification card was developed by high technology that the US-based e-Smart Technologies, Inc. created. And it decided to market it with Mybi Co, Ltd. (e-Currency operating company in Busan, Korea)

[Interviewee: Kim In-Geon, Managing Director of e-Smart Technologies]
"It has perfect security and can be used in various fields."

e-Smart Technologies announced it would invest 10 million dollars in Mybi's stocks and 140 million dollars in terminal supply and services.

The two parties are planning to market fingerprint sensor-embedded Super Smart Card in Busan late this year and to expand their business nationwide.

[Interviewee: Song Boong-Won, Mybi CEO]
"We will supply 100,000 terminals and jointly advance into various fields."

After making a success in Korea, e-Smart Technologies and Mybi will enter into the world market including USA, China, and Singapore.

Reporter: Kim In-Cheol

©2006 e-Smart Technologies, Inc.