Monday September 18, 9:08 am Eastern Time
Press Release
SOURCE: Federal Reserve Bank of New York

The Federal Reserve Bank of New York Includes Biometrics In Its Technology Fair

NEW YORK--(BUSINESS WIRE)--Sept. 18, 2000--The Federal Reserve Bank of New York is holding its internal Technology EXPO from October 3-5 to foster a higher level of understanding about recent technology developments. This includes wireless applications, personal digital assistants and biometrics. The Federal Reserve Bank of New York is presenting a three-day technology conference for all staff members. Topics will range from specific software tips to improve everyday efficiency to crystal ball-like views of our future through technology.

``We are very pleased to have International Biometric Group present biometric technologies at our technology fair,'' said Jenean Paschilides, Staff Director of Technology Training at the Federal Reserve Bank of New York.
The Federal Reserve Bank of New York treats security as a paramount concern.

"We're pleased that the Federal Reserve has asked us to present at the Technology EXPO,'' said Raj Nanavati, Partner at International Biometric Group. ``And although the Federal Reserve of New York has expressed no immediate deployment plans, this exposure will provide them with a solid foundation of knowledge for future projects.''

About the Federal Reserve Bank of New York

The Federal Reserve Bank of New York is one of 12 regional Reserve Banks that, together with the Board of Governors in Washington, D.C., comprise the Federal Reserve System. The ``Fed,'' as the system is commonly called, is an independent governmental entity created by Congress in 1913 to serve as the central bank of the United States. It is responsible for formulating and executing monetary policy, supervising and regulating depository institutions, providing an elastic currency, assisting the federal government's financing operations and serving as the banker for the U.S. government. In addition, it has important roles in operating the nation's payments systems, protecting consumers' rights in their dealings with banks and promoting community development and reinvestment.

About International Biometric Group

International Biometric Group is the leading biometric integration and consulting firm, addressing the identification and authentication needs of mid to large size organizations. IBG works on behalf of both private and government clients to evaluate, design and integrate biometric solutions for Internet applications, public sector programs, network security, point of sale authentication and physical access systems. IBG operates the BiometricStore, a high technology facility in New York City that allows companies to test and compare over fifty biometric systems. IBG also publishes leading industry reports including benchmark studies, consumer reports, and the Biometric Market Report 2000. For more information visit IBG's web site at http://www.biometricgroup.com or call IBG at 212-809-9491.
Contact:

Federal Reserve Bank of New York
Public Information Office, 212/720-6310