SOURCE: Dynamic Media Holdings, Inc.
September 25, 2008 09:00 ET
Dynamic Media Holdings, Inc. Proudly Introduces STS Evermedia
MANALAPAN, NJ--(Marketwire - September 25, 2008) - Dynamic Media Holdings, Inc. (PINKSHEETS: DYMH) announced that it is adding a technology division to the company, and
in doing so, positioning itself in the biometrics ID Management sector.
Dynamic is pleased to announce that it is in the process of completing an
agreement with New York-based STS Evermedia Corporation, which was founded
by CEO and President Jonathan Sym in 2006.
STS Evermedia Corporation is the parent of Evermedia Biometrics
Corporation, which develops iris recognition applications using
proprietary, patent-protected biometric technologies. The Company develops
highly accurate physical access control and ID management solutions. It
holds exclusive worldwide rights to license and develop iris recognition
technologies and has two U.S. and four international patents.
The biometrics industry in 2005 generated $1.53 billion and is expected to
grow to more than $5.74 billion in annual revenue by 2010, according to
industry market research firm International Biometrics Group (IBG). With
global and domestic events involving security, homeland defense, political
and social issues, the need for highly accurate yet non-invasive individual
identification technologies has never been greater.
The acceptance of iris based biometrics as an ID management solution is
booming. Below are a few applications currently implemented or under
development in various industries.
-- Military: Security Access, Enemy Combatant Identification
-- Airport Security: Quick Check-in, Passport Validation, Access Control
-- Banking: Payment Validation and Authorization
-- E-commerce: Online Transaction Validation
About Dynamic Media Holdings, Inc.
Dynamic Media Holdings, Inc. will continue to aggressively expand as it
plans to introduce new products to the marketplace. In addition to its
media and creative development divisions, the company is executing a
strategy of using its core products to springboard and launch a diverse
array of ancillary products thereby maximizing its product branding and
potential. Visit www.dymholdings.com for more information.
Forward-Looking Statements:
Safe Harbor statement under the Private Securities Litigation Reform Act of
1995: Except for historical information contained herein, the matters
discussed in this press release are forward-looking statements that involve
risks and uncertainties, including but not limited to economic,
competitive, governmental and technological factors affecting the Company's
operations, markets, products and prices and other factors discussed in the
Company's various filings with the Securities and Exchange Commission.