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Transcript of Hoyos deck
HOYOS CORPORATION CORPORATE PROFILE
PROPRIETARY HOYOS | 2010
INTRODUCTION
• Hoyos (the “Company”) is an advanced technology solutions company focused
on developing next-generation systems for the global access control and
identity management markets
– Founded as an intellectual property holding company in Puerto Rico in 2005
by Hector Hoyos and Dr. Keith Hanna
– Also has a presence in New York City and Washington, D.C. through an
affiliated entity
• The Company has developed a revolutionary portfolio of
hardware, software and services that utilize iris biometric
technologies to help governments and businesses around
the world overcome the everyday challenges of identity
management
INTRODUCTION
• Unlike competing solutions, Hoyos‟ technology and products:
– Can capture the iris and face in motion (i.e., up to three meters per
second) and at a distance (i.e., up to 30 feet today)
– Perform biometric matching with extraordinary accuracy and reliability,
primarily due to their successful utilization of the iris biometric, which is
widely acknowledged as the most accurate and unique biometric
– Are extremely easy to use and offer significantly greater throughput
(person and vehicle) capabilities than existing iris-based biometric systems
– Are highly scalable due to the Company‟s focus on producing radically
smaller and lower-cost devices
• Hoyos‟ solutions are the only end-to-end, biometric-based systems
commercially available in the world today offering all of the following
proprietary elements:
– Hardware and components
– Software to acquire in-motion biometrics at a distance
– Software to match in-motion biometrics acquired at a distance in real time
THE OPPORTUNITY
• Over $40 million invested over the last three years in research, development
and commercialization of access control solutions based on unique iris
biometrics.
• Broad range of products with capabilities not found in any existing biometric-
based access control product, including accurate at-a-distance and in-
motion biometric recognition with high throughput.
• Innovative access control hardware that includes custom designed and
proprietary infrared illuminators, optics-lenses, CMOS sensors and associated
controllers.
• Proprietary software platforms developed to acquire and match multi-modal
biometrics (face and iris) of subjects both at-a-distance of up to 6 to 30 feet
and in-motion.
THE OPPORTUNITY
• Multiple pending real-world deployments of products at well-known institutions
– The Pentagon
– Bank of America
– Portoss – City of Leon
– Mexico Border – DHS, CBP, DEA
• New industry standards are being established due to pricing model that is
inclusive of all software required for biometric operations.
Unique opportunity to exclusively license next-generation identity management solutions that are ready for deployment into multiple markets
IDENTITY MANAGEMENT AND ADDRESSABLE MARKETS
• Every day, billions of people around the world use cards to access office and
parking facilities, passwords to access corporate networks and Internet sites,
PINs to complete transactions on ATMs, government-issued IDs (e.g., driver‟s
licenses and passports) to board commercial airlines and credit cards to pay
for items purchased at physical stores and on the Internet.
• All of these seemingly habitual but essential behaviors are enabled by one
fundamental concept – identity management, or the process of determining
whether an individual is actually who he or she claims to be.
• Identity management is required for virtually every major industry around the
world, particularly in markets in which a higher than average level of security is
needed.
IDENTITY MANAGEMENT AND ADDRESSABLE MARKETS
U.S. and International Governments
Fu
ture
Co
nsu
me
r A
pp
lica
tio
ns
Point of Sale
Transactions
m-commerce
e-commerce
Enterprise Security
Critical
Infrastructure
Financial Services
Healthcare
Transportation
Education
Federal Agencies
Law Enforcement
National
IDs/Passports
Ports and Borders
DoD
DHS
Regulated Industries Commercial
ACCESS CONTROL MARKET
Physical Access Control Market
• Traditional card-based systems account for the majority of the market today.
• Despite being attractively priced for mass deployment (approximately $1,200 per unit on average), such
systems cost organizations hundreds of thousands of dollars annually to replace cards and millions of
dollars each year on card-based back-end management and maintenance.
• Additionally, card-based systems do not provide complete physical security since the card can be lost,
given away or replicated.
• As a result of these two factors, governments and businesses are increasingly seeking out advanced
technologies, such as biometric-based physical access control systems, that can not only provide
greater reliability, but also can be deployed in a cost-effective manner
Airports Country Borders Critical Facilities
ACCESS CONTROL MARKET
Logical Access Control Market
• The proliferation of personal computers in both the home and office, coupled with the rapid adoption
of mobile devices with access to the Internet and computer networks, have created an enormous
market for electronic transactions.
• Additionally, the need for increased information sharing among government agencies and large
corporations alike is driving the adoption of more computer-and network-based programs and
processes.
• As a result, governments, businesses and consumers around the world are increasingly dependent upon
computer networks, the Internet and intranets for information, services and entertainment.
• While the economical and societal benefits of such networks have been significant, the reliance upon
electronic data and transactions has created an increasing need to control access to electronic
networks (and the devices that connect to them) in order to combat the very costly threats of identity
theft and fraud
PCs/Laptops Online Bank Accounts
SOLUTIONS
• Hoyos has a portfolio of market proven solutions that will enable the creation
of recurring revenue service-based business models round its products.
• These cover a vast amount of use cases and models including:
– Airport Security
– Border Security
– Financial Services
– Protect the Children
– Consumer
TECHNOLOGY
• Hoyos has developed and is the sole owner of the revolutionary HBOX®,
EyeSwipe® and HCAM® lines of identity management solutions, as well as
proprietary back-end software and algorithms for biometric acquisition and
matching. Utilizing the iris biometric, Hoyos‟ proprietary, market-ready
solutions are capable of performing in-motion, at-a-distance biometric
acquisition and matching for a wide range of applications.
HBOX®
High-Throughput
Physical Access Control
HBOX®-V
High-Throughput
Vehicular Access Control
EyeSwipe®
High-Throughput
Physical Access Control
HCAM®-E
Logical Access Control &
Biometric Enrollment
EyeLockTM
Consumer, CyberSecurity
and Mobile
TECHNOLOGY
• Hoyos‟ proprietary technologies consist of its own embedded processors
running Linux and support access control industry standards such as Wiegand.
• Rather than utilize traditional off-the-shelf access control hardware
components, Hoyos designs and sources its own infrared illuminators, optics-
lenses, CMOS sensors, and associated controllers.
• The Company‟s technology is further differentiated by its own software
platforms that acquire multi-modal biometrics (face and iris) of subjects both
at a distance (of 6 to 30 feet) and in motion.
PRODUCTS - HBOX®
• HBOX® capitalizes on Hoyos‟ multi-modal biometric technology combining the iris and face to deliver a high level of security with convenience, ease-of-use, high-person throughput and cost-effectiveness that has, until now, limited the widespread deployment of biometric security systems
• Current iris systems (as well as fingerprint systems) are particularly burdensome for users and have many steps – several of which might confuse a user and require manual intervention – so in-practice person-throughput is low
• HBOX®, on the other hand, allows an individual to simply walk through a gate/portal equipped with the device, looking up as he or she passes through
• As this occurs, HBOX® performs real-time, in-motion and at-a-distance matching of iris images acquired against an iris database for recognition, with a match allowing the user to access the facility.
• HBOX® offers high-throughput (up to 50 people per minute), unobtrusive physical access control ideally suited for critical facilities with high levels of foot traffic (e.g., airports)
• HBOX® is algorithm agnostic, allowing it to be coupled with any facial and iris algorithms should customers choose not to use Hoyos‟ proprietary acquisition and matching algorithms (SAMBI™ and SIMS) that are included with HBOX®
PRODUCTS - HBOX® - V
• HBOX®-V delivers a high level of security with convenience, ease-of-use, high-vehicle throughput and cost-effectiveness designed for vehicular access control applications, such as entrances/exits of:
– Car parks
– Military bases
– Other critical facilities
• As cars approach vehicular access points at speeds of up to five miles per hour, HBOX®-V (ideally deployed two per lane to read passengers on both sides of the vehicle) performs real-time, in-motion and at-a-distance
matching of iris images acquired against an iris database for recognition – without the vehicle having to stop.
• With a throughput of up to 12 vehicles per minute, HBOX®-V is the fastest vehicular access control product on the market today.
PRODUCTS - EYESWIPE® • EyeSwipe® is a miniaturized version of Hoyos‟ HBOX® technology, performing real-time iris recognition on
the fly and at a distance
• Designed for applications such as physical access control, border control and immigration, EyeSwipe® is
ideally suited to replace the traditional card-based systems that are widely used for physical access
control to and throughout (e.g., server rooms, vaults, etc.) critical buildings and facilities
– Although these traditional systems are attractively priced for mass deployment (~$1,200/unit on
average), organizations that utilize them ultimately end up spending hundreds of thousands of
dollars annually to replace cards and millions of dollars each year on card-based back-end
management and maintenance
• EyeSwipe® eliminates and/or significantly reduces these ongoing cash costs completely and, more
importantly, eliminates the risk of identity fraud by replacing the card – the Achilles heel of all token-based
systems – with the iris
• Different versions of the EyeSwipe® serve different throughput requirements, ranging from 15 to 30 people
per minute
PRODUCTS - EYESWIPENANO® • EyeSwipeNano® is the highly miniaturized version of Hoyos‟ HBOX® technology, performing real-time iris
recognition on the fly and at a distance
• Designed to deploy in mass production applications such as physical access control, EyeSwipeNano® is
ideally suited to replace the traditional card-based systems that are widely used for physical access
control to and throughout enterprises, and small businesses
PRODUCTS - HCAM® - E
• The smallest member of the Hoyos family of products, HCAM®-E is an iris recognition solution developed to eliminate online identity fraud associated with online banking and online payments.
• Designed as a desktop biometric enrollment and verification system, HCAM®-E can be connected to a personal computer or laptop to provide logical access control and/or secure online financial/banking applications.
• HCAM®-E can be mounted on a tripod or easily attached to the laptop/desktop computer via a clip or other mounting hardware (just like a webcam).
• HCAM®-E hardware is complemented by SAMBI™ and EyEnroll™ software, which is simply downloaded on the
laptop/desktop computer and allows for matching to be performed on the computer.
• In the case of a small iris database, matching is performed on the laptop/desktop computer to which the HCAM®-E is connected.
• A remote server is reached via the laptop/desktop computer for large iris databases, whereby limited memory and processor capability in the laptop/desktop computer may not be able to process all the data.
PRODUCTS - EYELOCK® • The EyeLock is an end to end package providing complete security for all interactions, virtual or physical,
enabling a bridge between the digital and real-world.
• The solution in based on the Siccolla architecture composed of four components:
• EyeLockTM – The portable USB device carried by every person who access the EyeD network.
– Fuses the users iris to the device protecting all access and information
– Device or information cannot be accessed without the user‟s Iris
– Control access with 100% certainty
SOFTWARE
• Hoyos‟ state-of-the-art hardware is complemented by a full range of back-end solutions and software. SAMBI™ and SIMS, the Company‟s proprietary biometric acquisition and matching algorithms, are included in the list price as a runtime license per unit for an unlimited number of users.
SAMBI™ • A reliable and fast biometric software suite
• Uses complex control algorithms to obtain the highest quality images of the iris and the face (separately and fused) at the furthest distance, lowest cost and longest illuminator life-time, with dramatically reduced power consumption
SIMS (Scalable Iris Matching System) • A reliable and fast biometric software suite
• Uses complex control algorithms, is capable of 1:n search of iris images within a database of one million iris templates and can return a match/no-match within one second
• Also capable of matching poorer iris data (in addition to matching high resolution iris images)
– The ability to match lower quality images (e.g., 125 pixels) is important as all other matchers in the market require 200 pixels, which most devices are not capable of capturing
• Unique competitive position as a result of being the only biometric matching software born in the U.S.
SOFTWARE
EyEnroll™ • A fast and easy-to-use advanced biometric enrollment software suite.
• Controls the acquisition and storage of iris data upon enrollment.
• Runs on a computer (desktop or laptop) or server, provides ease-of-use and speed to the person performing the
enrollment process and is compatible with all Hoyos hardware.
Enrollment on the Fly™
• Compatible with Hoyos‟ HBOX® and EyeSwipe® solutions.
• Enables the in-motion and at-a-distance enrollment of an individual not in a central access control database in
five seconds or less.
HGRID™
• A scalable, back-end matching and database management architecture.
• Allows multiple HBOX® family of products (and other open-architecture systems) to operate across networks distributed locally or worldwide.
• Leverages Hoyos „ Identification in Anonymity technology, which allows individuals to be associated either with themselves at a later point in time or with other individuals (such as family members) without the name or other identifying characteristic being used in the process.
• Performs data analysis on servers located at secure data centers.