Monday, November 18, 2013

WASHINGTON, D.C., November 18, 2013 - LaserLock Technologies, Inc. (OTCBB: LLTI), a global leader in providing state-of-the-art authentication solutions and ABnote, a leading global card manufacturer and provider of financial and secure credentialing solutions have collaborated to create “Secure My Wallet”, a card based mobile offering that can securely access a healthcare account across multiple healthcare provider networks.  Secure My Wallet has been named a finalist for a Sesames Award in the Identification/ID Cards/Health category. This honor will be awarded to ten top technological innovations across multiple sectors, and will be announced Monday, November 18.

The solution combines LaserLock Technologies’ VerifyMe™ authentication application with ABnote’s TSM (Trusted Service Manager) and its NFC wallet application, resulting in a configurable mobile application that allows a consumer to easily and securely manage their healthcare network access. 

“To have ABnote be a finalist for a Sesames Award is an honor and we are proud of our strong relationship with ABnote,” said Neil Alpert, Chief Executive Officer. “This innovative solution strongly protects patient privacy in electronic healthcare record databases and it expands the scope of our relationship with ABnote to include not only our security inks, which are utilized to protect government documents around the world, but now our strong, multi-factor authentication solution VerifyMeTM as well. We are optimistic about the future of our relationship combining both physical and digital authentication solutions.”

“Unlike the networks for financial payment systems, the legacy infrastructure in today’s healthcare ecosystem is still evolving into a single cohesive network that provides global healthcare record access for authorized entities.  By combining the VerifyMe application with our existing wallet and TSM service we’ve essentially developed a staged offer for the industry that allows one card application to securely authenticate and communicate to any healthcare network” said John Ekers, ABnote’s Global CIO. He added, “We expect to see many more hybrid offers that will combine security, user authentication and innovation to advance the services that security consumers and healthcare practitioners expect, and we look forward to a continued relationship with LaserLock Technologies to see this to fruition.”

The combined solution will be demonstrated in the ABnote booth in Hall 4, Aisle J, Booth 92 at the Cartes Paris Secure Connexions Event, taking place from Nov. 19 – 21 at the Paris-Nord Villepinte Exhibition Centre.

 

ABOUT LASERLOCK TECHNOLOGIES, INC.

LaserLock is a high-tech solutions company in the field of authenticating products and people. It offers state of the art solutions to combat counterfeiting and identity fraud for governments, health care providers, the gaming industry, the financial services industry and high-end retailers.

The company authenticates products, government documents, and currency with a suite of proprietary security inks and digital solutions that have never been compromised, making them safer than other anti-counterfeiting technologies such as holograms. LaserLock’s anti-counterfeiting solutions protect the reputation and bottom-line of governments and businesses around the world.

The company authenticates people by performs strong, multi-factor identity validation via a patented digital platform called VerifyMeTM, which identifies an individual by requiring a shared secret (something you know), a physical token (something you have) and a biometric factor (something you are). The process takes less than five seconds and achieves military-grade authentication standards. As the world moves away from password-based authentication technology, LaserLock’s VerifyMeTM platform offers a more secure and easier alternative for authenticating online identity.

To learn more, visit us at www.laserlocktech.com or follow us on Twitter @LaserLockTech.

 

ABOUT ABNOTE

ABnote, with facilities in North America, Europe, Africa, and Australasia, is a premier and trusted provider of secure products and solutions. We provide solutions to global customers including financial,

retail, government, and many other commercial markets. ABnote’s primary products include financial cards (Dual Interface, EMV, magnetic stripe), identification and credential cards (Drivers’ Licenses, National ID cards, Student ID), transit cards, hotel, facility and theme park  access cards and membership programs, retail plastic cards (gift, loyalty, RFID), barcodes and labels and secure documents (vital records, certificates, passports, and more); along with complimentary secure services, including instant card issuance, NFC mobile payments, TSM, personalization, secure warehousing, distribution and fulfillment. 

 

INVESTOR RELATIONS

LaserLock Technologies

IR@laserlocktech.com

LaserLock Technologies and ABnote's "Secure My Wallet" Is Sesames Award Finalist at Cartes Paris