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G-TEC develops and provides secure database
and secure communications systems. G-TEC technologies combine
knowledge systems expertise, authentication technologies, and
secure data facilities to provide the secure data exchange environments
that drive the communication, e-commerce, and e-support capabilities
necessary to web-enabled virtual communities. The company's biometric
technologies and secure data centers offer highly secure knowledge-sharing
systems for law enforcement, industry and government. G-TEC's
newly acquired Bastille secure data center offers secure-access
storage, sharing, and secure virtual community systems to law
enforcement agencies at the local, regional, state, national,
and international levels. Graphco Technologies, Inc. is located in Newtown,
PA and on the world wide web at www.graphcotech.com. Law Enforcement
Services is located in Tampa, FL. Detailed information on The
Bastille and FaceTrac can be found on the world wide web
at www.graphcotech.com. |
GRAPHCO TECHNOLOGIES, INC. ANNOUNCES THE ACQUISITION OF E-COMMERCE TECHNOLOGY DEVELOPED BY NASA'S JET PROPULSION LABORATORY (JPL) THROUGH A MERGER WITH UTEK CORPORATION'S SUBSIDIARY DIGITAL PERSONNEL, INC. PLANT CITY, FL, NEW YORK, NY and PASADENA, CA, March 24th, 2000 - UTEK Corporation, a U2B business development company dedicated to building a strong bridge between university technology and commercial organizations announced today the merger of its Digital Personnel, Inc. (DPI) subsidiary with VoicePass Security Systems, Inc., a wholly-owned subsidiary of Graphco Technologies, Inc. Prior to the merger, DPI was 70% owned by UTEK Corporation and 30% owned by the California Institute of Technology (Caltech). As a result of this merger, Graphco Technologies, Inc., will acquire the exclusive worldwide license to a patent- pending technology that makes it possible to synthesize photo realistic talking individuals for e-commerce and e-support. This technology was developed at NASA's Jet Propulsion Laboratory (JPL), an operating division of the California Institute of Technology (Caltech). As part of the acquisition, Graphco Technologies, Inc. will continue to fund the collaborative refinement of this technology at JPL. The US Patent Trademark Office has recently issued a Notice of Allowance on this technology. Graphco Technologies, Inc. (G-TEC) is an innovator of secure database and secure communications solutions. Combining knowledge systems expertise, authentication technologies, and secure data facilities, G-TEC provides secure exchange environments that drive web enabled virtual communities for data storage/exchange, communication, e-commerce, and e-support. G-TEC's biometric technologies and secure data centers offer highly-secure knowledge management solutions to law enforcement, industry and government. G-TEC's newly acquired BASTILLE division offers secure-access data storage, sharing, and secure virtual community systems to law enforcement agencies at the local, regional, state, national, and international levels. UTEK is a U2B business development company
that acquires and finances university based intellectual capital
for technology firms. JPL is an operating division of the California
Institute of Technology. Caltech is one of the world's leading
research universities and JPL is the leading US center for robotic
exploration of the solar system. JPL is a federally funded research
and development center managed by Caltech under contract with
NASA. |
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