SAN ANTONIO, June 10, 2010 (GLOBE NEWSWIRE) -- FaceKey Corporation (Other OTC:FAKC) a developer of a new generation of biometric-based access control, time and attendance and muster products, announced today that Michael Long, Chairman and CEO of Payment Data Systems, Inc. has joined the company's Board of Directors.
"FaceKey is pleased to welcome Michael to our board," said Dr. Yevgeny B. Levitov, FaceKey President. Michael is an outstanding and innovative leader and will be a valuable asset as we continue to develop our marketing and financing strategies to build upon the market acceptance we have already achieved."
Dr. Levitov continued, "FaceKey has completed the development of its core products which utilize the biometric technologies of face and/or fingerprint recognition and is focusing on building its distribution channels for our standards leading products for access control, time and attendance and muster stations. FaceKey continues to help clients by protecting their assets, providing a safe workplace, and reducing their operating costs because of our identification technologies."
Mr. Long said, "It is a rare opportunity to be asked to become more involved in and to work even closer with a Company at the very time that it is poised to achieve the levels of success that I believe are imminent for FaceKey. This invitation to now strengthen and to more clearly formalize our already existing relationship is a very exciting one for me. A long period of observation and due diligence analysis has convinced me that the Management team of FaceKey is fully prepared to successfully lead the company into the future."
About FaceKey Corporation
FaceKey™ Corporation of San Antonio, TX, a Texas corporation, is the developer of a new generation of access control, time and attendance and muster products. These products utilize the newest biometric technologies and the best of the traditional card based technologies. All the products are designed to be compatible with the existing computer networks common in business today. The open architecture ensures that the system is easily scalable; easily customized so that new modules and features can be added; and that the system can be quickly and easily installed.
FaceKey™ Corporation technologies featuring face recognition are based upon landmark patents.
For additional information, visit www.facekey.com.
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Except for the historical information contained herein, the matters discussed in this release include forward-looking statements, which are intended to be covered by safe harbors. Those statements include, but may not be limited to, all statements regarding our and management's intent, belief and expectations, such as statements concerning our future and our operating and growth strategy. Investors are cautioned that all forward-looking statements involve risks and uncertainties. One or more of these risk factors have affected, and in the future could affect, our businesses and financial results in the future and could cause actual results to differ materially from plans and projections. We believe that the assumptions underlying the forward-looking statements included in this release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion of such information should not be regarded as a representation by us or any other person that our objectives and plans will be achieved. All forward-looking statements made in this release are based on information presently available to our management. We assume no obligation to update any forward-looking statements, except as required by law.