Business Information
The group's principal activity is to develop, manufacture and market advanced document verification systems that enable users to detect and alter tampered or fake ids. The verification system enables a retailer to reduce check cashing, credit card and other types of fraud, which principally utilize fake driver licenses as proof of identity. The system also determines the customer's age and validity of the ID to detect and prevent the use of fraudulent identification for the purchase of alcohol, tobacco and other age-restricted products. This reduces the risk to the retailer of substantial monetary fines, criminal penalties and license revocation for the sale of age-restricted products to minors.
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Name |
Title
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Email
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Ashok Rao | Vice Chmn. | N/A | Frank Mandelbaum | Chmn., CEO | N/A | Peter Mundy | CFO, VP - Finance, Sec., Treasurer | N/A | Russell Embry | CTO, Exec. VP | N/A | Todd Liebman | COO, Sr. VP - Marketing | N/A |
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Year |
Sales |
Net Income |
2006 | 3,162 | (2,880) | 2005 | 2,384 | (3,239) | 2004 | 1,119 | (6,923)
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