Titanium Group Limited Awarded Patent for Auto-Tra
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Posted On: 06/08/2013 12:25:24 PM
Titanium Group Limited Awarded Patent for Auto-Tracking Face Recognition Device in Mainland China
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HONG KONG, July 26 /PRNewswire-FirstCall/ -- Titanium Group Limited (OTC Bulletin Board: TTNUF), a leading biometric and security solutions provider featuring proprietary and patented Automated Face Recognition Systems (AFRS), has been awarded a patent in Mainland China for an innovative auto-tracking face recognition device. China Patent No. ZL 2006 2 0056518.8, awarded on June 27, 2007, is for an auto-tracking face recognition device, which detects the location of the face of a target person within a frame, and then, by adjusting for orientation, position, focal length, etc., calibrates a built-in camera which captures a clear portrait of the target person. The ability to auto-track and standardize the location of a person's face within a frame greatly enhances the usability of contact-less face recognition systems installed at fixed locations, such as turnstiles and doorways, and provides a faster, more user-friendly experience. Jason Ma, CEO of Titanium Group Limited, said, "We are excited with the patent awarded as this is the first we've obtained in Mainland China." Mr. Ma continued, "This patent illustrates the continuing development of Titanium's technology and the company's commitment to producing the most efficient, user-friendly and accessible face recognition devices available, allowing further security of Titanium's intellectual property and competitive edge in the marketplace." Titanium Group currently has a patent in Hong Kong, "APPARATUS AND METHOD FOR RECOGNITION IMAGES" (Hong Kong Patent No. 1053539), and a US patent pending "METHOD AND APPARATUS FOR ROBUST FACE RECOGNITION", United States Patent Pending No. 11/462491 along with the above mentioned Mainland China patent. About Titanium Group Limited: Titanium Group Limited (http://www.titanium-tech.com), through its wholly owned subsidiary, Titanium Technology, is a leading biometric and security solutions provider featuring its proprietary and patented Automated Face Recognition Systems (AFRS). Titanium's AFRS products capture human face images electronically, input the facial images into searchable files (faceprint) and, in just seconds, accurately compare the facial images to a database containing millions of faces. These cutting-edge products reduce administration cost, enhance security, and significantly increase overall productivity. Titanium's products are distributed worldwide, either directly or through resellers or OEM partners, to governments, law enforcement agencies, gaming companies, and other organizations. The Company's clients include: ESPN, IBM and the People's Bank of China. This press release includes certain "forward-looking statements." These statements are based on Titanium Group management's current expectations and are subject to risks and uncertainties and changes in circumstances. All forward-looking statements included in this press release are based upon information available to Titanium Group Limited as of the date of the press release, and it assumes no obligation to update or alter its forward looking statements whether as a result of new information, future events or otherwise. These forward-looking statements may relate to, among other things, plans and timing for the introduction or enhancement of our services and products, statements about future market conditions, supply and demand conditions, and other expectations, intentions and plans contained in this press release that are not historical fact. Further information on risks or other factors that could affect Titanium Group Limited's results of operations are detailed in its filings with the United States Securities and Exchange Commission available at http://www.sec.gov. At the Company: Jason Ma, CEO info@titanium-tech.com Investor Relations: Equity Performance Group Erin Hegarty (617) 723-2225 erin@equityperfgp.com SOURCE Titanium Group Limited
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HONG KONG, July 26 /PRNewswire-FirstCall/ -- Titanium Group Limited (OTC Bulletin Board: TTNUF), a leading biometric and security solutions provider featuring proprietary and patented Automated Face Recognition Systems (AFRS), has been awarded a patent in Mainland China for an innovative auto-tracking face recognition device. China Patent No. ZL 2006 2 0056518.8, awarded on June 27, 2007, is for an auto-tracking face recognition device, which detects the location of the face of a target person within a frame, and then, by adjusting for orientation, position, focal length, etc., calibrates a built-in camera which captures a clear portrait of the target person. The ability to auto-track and standardize the location of a person's face within a frame greatly enhances the usability of contact-less face recognition systems installed at fixed locations, such as turnstiles and doorways, and provides a faster, more user-friendly experience. Jason Ma, CEO of Titanium Group Limited, said, "We are excited with the patent awarded as this is the first we've obtained in Mainland China." Mr. Ma continued, "This patent illustrates the continuing development of Titanium's technology and the company's commitment to producing the most efficient, user-friendly and accessible face recognition devices available, allowing further security of Titanium's intellectual property and competitive edge in the marketplace." Titanium Group currently has a patent in Hong Kong, "APPARATUS AND METHOD FOR RECOGNITION IMAGES" (Hong Kong Patent No. 1053539), and a US patent pending "METHOD AND APPARATUS FOR ROBUST FACE RECOGNITION", United States Patent Pending No. 11/462491 along with the above mentioned Mainland China patent. About Titanium Group Limited: Titanium Group Limited (http://www.titanium-tech.com), through its wholly owned subsidiary, Titanium Technology, is a leading biometric and security solutions provider featuring its proprietary and patented Automated Face Recognition Systems (AFRS). Titanium's AFRS products capture human face images electronically, input the facial images into searchable files (faceprint) and, in just seconds, accurately compare the facial images to a database containing millions of faces. These cutting-edge products reduce administration cost, enhance security, and significantly increase overall productivity. Titanium's products are distributed worldwide, either directly or through resellers or OEM partners, to governments, law enforcement agencies, gaming companies, and other organizations. The Company's clients include: ESPN, IBM and the People's Bank of China. This press release includes certain "forward-looking statements." These statements are based on Titanium Group management's current expectations and are subject to risks and uncertainties and changes in circumstances. All forward-looking statements included in this press release are based upon information available to Titanium Group Limited as of the date of the press release, and it assumes no obligation to update or alter its forward looking statements whether as a result of new information, future events or otherwise. These forward-looking statements may relate to, among other things, plans and timing for the introduction or enhancement of our services and products, statements about future market conditions, supply and demand conditions, and other expectations, intentions and plans contained in this press release that are not historical fact. Further information on risks or other factors that could affect Titanium Group Limited's results of operations are detailed in its filings with the United States Securities and Exchange Commission available at http://www.sec.gov. At the Company: Jason Ma, CEO info@titanium-tech.com Investor Relations: Equity Performance Group Erin Hegarty (617) 723-2225 erin@equityperfgp.com SOURCE Titanium Group Limited
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