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L-1, Sarnoff Plan to Collaborate on Iris on the Move Development

L-1 Identity Solutions [ID] and Sarnoff Corp. are pursuing an agreement that calls for the two companies to collaborate on the further development and productization of Sarnoff's Iris on the Move (IOM) technology with L-1's proprietary iris recognition and facial recognition algorithms. The agreement is focused on Sarnoff's IOM portal technology, which is capable of identifying up to 30 people per minute. Once the final product is released, which is expected next year, the walk-through portal will be supplied by…

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Contract Updates

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