US Government Test Reaffirms Excellent Operational Performance of Cognitec's Face Recognition Platform



    Cognitec Systems today announced that the results of the Face
    Recognition Vendor Test (FRVT) 2006, a large scale independent
    evaluation test of face recognition systems conducted by the U.S.
    National Institute of Standards and Technology, first published on
    March 30, 2007, confirmed the outstanding performance of the Company's
    face recognition technology.

    The primary goal of FRVT 2006 was to measure progress of prototype
    systems/algorithms and commercial face recognition systems since a
    similar test conducted in 2002.

    Of 22 companies and research institutes that participated in FRVT
    2006, only Cognitec and 10 participants could complete the large-scale
    tests, and only Cognitec and one other company could deliver
    measurements in four different test scenarios for still images and
    2D/3D data.

    Test results for FRVT 2006 also demonstrated that Cognitec
    exceeded the goal specified by the Face Recognition Grand Challenge,
    which was to evidence increased recognition performance by an order of
    magnitude as compared to results measured during FRVT 2002. Similar to
    the 2002 test results, Cognitec again delivered top performance in the
    majority of the tests, especially in the more challenging tests that
    reflect common real-world scenarios.

    While numerous performance assessments were made in FRVT 2006,
    including assessments involving datasets containing high resolution
    imagery, by far the largest dataset used pertained to low resolution
    imagery. Such low resolution dataset is more representative of today's
    commercially available large-scale face recognition applications, such
    as those used in search applications within large passport or driver's
    license photo databases. Within this low resolution dataset, FRVT 2006
    test results clearly pointed to the superior operational performance
    of Cognitec's system by demonstrating that the Company's system had
    the lowest false rejection rate for the lowest false acceptance rate.
    These results undoubtedly represent a marked, sizable improvement over
    the already best-in-class results attained by the Company's systems in
    2002.

    "We are very satisfied with the results achieved by our Company's
    technology in FRVT 2006," commented Alfredo Herrera, Cognitec's
    Managing Director. "These results further validate our robust
    technology and leadership position within the face recognition market,
    as well as demonstrate our capability to deliver superior products
    through world-class R&D capabilities. Moreover, we remain committed to
    maintaining our technological leadership position to ascertain that we
    continually meet the ever-changing needs and operational challenges of
    our growing customer base through innovative and best-in-class face
    recognition solutions."

    Subsequent to January 2006, the algorithm submission cut-off date
    for FRVT 2006 purposes, the Company has further enhanced the already
    robust operational performance of its existing systems through
    measured and focused R&D efforts. Specifically, Cognitec's latest
    search engine, currently available to customers through certain of the
    Company's products, exhibits considerably enhanced performance
    relative to strong lighting variations over the Company's search
    engine tested through FRVT 2006.

    Complete test results may be obtained from NIST under
    http://face.nist.gov/frvt/frvt2006/frvt2006.htm.

    Results shown from the Facial Recognition Vendor Test 2006 do not
    constitute endorsement of any particular product by the US Government.

    About Cognitec

    Cognitec Systems, with headquarters in Dresden, Germany, and
    offices or subsidiaries in Herndon, VA; Miami, FL; Rio de Janeiro,
    Brazil; and Hong Kong, develops, markets and deploys the
    well-established and market-leading FaceVACS(R) face recognition
    software to global customers and government agencies. Cognitec's
    software experts have been developing face recognition technology
    since 1995. In various independent evaluation tests, including the
    Face Recognition Vendor Test 2006, FaceVACS(R) has repeatedly attained
    a market-leading technology position.

    For more information, please contact:

    info@cognitec.com www.cognitec.com