I.D. Verification Technology Business Plan

Bionex Corporation

Executive summary (excerpt only)

Bionex, Inc. is a biometric security company providing solutions to remedy Identity Theft and Credit Fraud. Bionex, Inc. differentiates itself by using our (patent pending) Exigency Process. This approach processes and expresses the details of someone's finger as a unique algorithm, rather than matching it against a stored image on a database. This process will eliminate the need to store images of millions of individual fingerprints on a database, reduce operating costs, and maximise system-wide efficiency. Our process will allow for seamless integration of biometric security into existing systems, and enable secure virtual transactions.

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