NEW YORK, Oct. 27 Global Rainmakers, Inc., an intellectual property holding company and advanced R&D laboratory, today announced that the company has exited its "stealth" mode and is prepared to actively commercialize its suite of technologies designed to leverage cutting-edge biometric security offerings.
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During the past four years, the company has spent tens of millions of dollars to develop and deploy a series of core--but expandable--technologies built around identity management solutions. Global Rainmakers has worked with the Pentagon, U.S. Air Force and the Department of Homeland Security, as well as banking and financial services companies such as Bank of America. The company was founded by Chairman and CEO Hector Hoyos and Keith Hanna, D.Phil., Chief Technology Officer and Executive Vice President.
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Global Rainmakers has carefully developed its intellectual property portfolio to support a wide range of biometric products that can meet the demands of both public and private sector businesses. Biometrics products are designed to uniquely recognize humans based on one or more intrinsic physical or behavioral trait, which could include finger print, voice, DNA and iris recognition. Biometrics solutions are often leveraged in identity access management and control systems.
"Biometrics has been more promise than reality for the past 20 years," said Hector Hoyos, Global Rainmakers Chairman and CEO. "We've spent considerable time and resources to develop biometric technologies that can be put into the field today and have a significant impact on the activities of our clients. The key to our technologies is their scalable nature. Our initial iris identification offerings have already been field-tested with both governmental and corporate clients. The expectation is that our core technologies will become synonymous with access control."
Hoyos and Dr. Hanna are leading authorities on biometrics and security, with a proven track record developing and selling key technologies individually and as a team.
Hoyos has nearly 25 years of experience in the fields of biometrics and IT. He has served as the founder and president of various companies, including supercomputer company Convex Computers International and Biometrics Imagineering, Inc., which creates proprietary state-of-the-art fingerprint identification systems and interactive financial transaction systems. Hoyos also incubated, along with partner Dr. Hanna the Praetorian technology, a real-time video surveillance technology, which was acquired by L-3 Communication.
Prior to teaming up with Hoyos, Dr. Hanna--a pioneer in the iris biometric field--held a series of positions at Sarnoff Corporation. He was lead investigator or co-principal investigator for many commercial and government programs in areas including pattern recognition, motion analysis, war fighter visualization and georegistration, video insertion, traffic analysis, immersive video surveillance, iris recognition and intelligent video-based alarm detection. Dr. Hanna has published more than 25 papers and holds 23 patents. He and his co-authors were awarded the 2007 Most Influential Paper of the Decade award at the Machine Vision Applications Conference in Tokyo. Dr. Hanna earned both his bachelor's degree in engineering sciences and his D.Phil. in medical image processing and computer vision from Oxford University.
"We are seeing heavy demand for affordable, easy-to-use and scalable end-to-end security solutions across all industries, but particularly from government agencies and financial institutions," noted Dr. Keith Hanna, CTO and Executive Vice President, Global Rainmakers. "Our technologies and solutions are so advanced they will bring science fiction to reality."
Global Rainmakers' flagship products leverage the company's next generation iris and face acquisition and matching technology paired with state-of-the art custom hardware and proprietary algorithms.
About Global Rainmakers, Inc.
Global Rainmakers, Inc. (GRI) was established in Puerto Rico in 2006, as an intellectual property holding company, with a lean R&D-focused operation. Since its inception, GRI has focused solely on technologies and business models capable of changing the paradigm within entire industries, and has reached a point where it offers paradigm shifting solutions in every aspect of life. www.globalrainmakersinc.com
SOURCE Global Rainmakers, Inc.
