ASHBURN, Va., June 21, 2022 (GLOBE NEWSWIRE) — Telos® Corporation (NASDAQ: TLS), a leading provider of cyber, cloud and enterprise security solutions for the world’s most security-conscious organizations, today announced that its ONYX® technology won first place in the overall competition of the Mobile Fingerprint Information Technology (mFIT) Challenge hosted by the National Institute of Standards and Technology (NIST).
NIST’s mFIT Challenge strives to advance mobile fingerprint capture technologies by incentivizing contestants to build and demonstrate prototype applications and mobile device accessories for fingerprint capture by field law enforcement officers. ONYX shared the overall first place designation with French firm Idemia.
“The mFIT Challenge is focused on improving the technologies that law enforcement needs to efficiently and effectively perform their mission and identify individuals in the field,” said Chace Hatcher, vice president of technology and innovation at Telos and ONYX co-inventor. “ONYX is the world’s first and most accurate touchless fingerprint biometric software for mobile, and I’m proud to see it earn this recognition and validation from NIST.”
ONYX is a mobile, touchless biometrics solution that leverages a device’s camera to capture the user’s unique fingerprint, enabling fast and easy collection of fingerprint biometrics. Telos added the ONYX technology to IDTrust360 when it acquired the assets of Diamond Fortress Technologies in August 2021.
“When we acquired the assets of Diamond Fortress Technologies last year, it was largely based on the promise of ONYX,” said Mark Griffin, EVP of Security Solutions, Telos. “The results of the mFIT Challenge are just the beginning of that promise coming true. This patented, touchless fingerprinting technology will eliminate much of the friction in biometrics data gathering for identity and access management and better serve our growing customer base.”
Through the mFIT Challenge, NIST sought innovative new or improved mobile applications that access the available sensors on mobile commercial-off-the-shelf (COTS) devices to capture high-quality, digital fingerprint images. Entrants were asked to submit a mobile application that captures quality digital images of the left and right hands. The ultimate objective of this challenge was to advance technology while preserving the form factor of the mobile device.
In addition to first place in the overall competition, Telos also tied with Idemia for the First Responder’s Choice Award of the mFIT Challenge.
For more information about Telos’ identity offerings, including ONYX, please visit https://www.telos.com/offerings/onyx-overview.
This press release contains forward-looking statements which are made under the safe harbor provisions of the federal securities laws. These statements are based on the Company’s management’s current beliefs, expectations and assumptions about future events, conditions and results and on information currently available to them. By their nature, forward-looking statements involve risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the future. The Company believes that these risks and uncertainties include, but are not limited to, those described under the captions “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” set forth from time to time in the Company’s filings and reports with the U.S. Securities and Exchange Commission (SEC), including their Annual Report on Form 10-K for the year ended December 31, 2021, as well as future filings and reports by the Company, copies of which are available at https://investors.telos.com and on the SEC’s website at www.sec.gov.
Although the Company bases these forward-looking statements on assumptions that they believe are reasonable when made, they caution the reader that forward-looking statements are not guarantees of future performance and that the Company’s actual results of operations, financial condition and liquidity, and industry developments may differ materially from statements made in or suggested by the forward-looking statements contained in this release. Given these risks, uncertainties and other factors, many of which are beyond their control, the Company cautions the reader not to place undue reliance on these forward-looking statements. Any forward-looking statement speaks only as of the date of such statement and, except as required by law, the Company undertakes no obligation to update any forward-looking statement publicly, or to revise any forward-looking statement to reflect events or developments occurring after the date of the statement, even if new information becomes available in the future. Comparisons of results for current and any prior periods are not intended to express any future trends or indications of future performance, unless specifically expressed as such, and should only be viewed as historical data.
About Telos Corporation
Telos Corporation (NASDAQ: TLS) empowers and protects the world’s most security-conscious organizations with solutions for continuous security assurance of individuals, systems, and information. Telos’ offerings include cybersecurity solutions for IT risk management and information security; cloud security solutions to protect cloud-based assets and enable continuous compliance with industry and government security standards; and enterprise security solutions for identity and access management, secure mobility, organizational messaging, and network management and defense. The company serves commercial enterprises, regulated industries and government customers around the world.