THC Technologies Corp announces new SAS voice verification biometric security product

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Boston, Massachusetts. (July 28, 2010) ‐ Frances M. Lynch, CEO of THC Technologies Corporation (THC), a private corporation engaged in the global biometrics solutions market, today announced an expansion of its VoiceVantage™ product offerings to include THC VoiceCheck™ .NET SDK.

CEO Frances Lynch said, “The THC VoiceCheck™ .NET SDK is designed for and marketed to THC OEM and VAR clients. It addresses an important security issue for the SaaS (Software as Service) provider, security of access. Our voice verification software allows SaaS client companies to implement cloud computing with a vendor‐provided voice verification security application that complements and strengthens other non‐biometric existing security policies of their SaaS provider.”

Frost and Sullivan as well as other IT advisory firms estimate one in three businesses will invest in cloud‐ based IT service management (ITSM) tools during 2010‐11 and according to the same analysts, twenty‐ five percent of businesses believe economic conditions dictate and will continue to dictate significant reductions in their technology investments and spending now and for the foreseeable future.

As defined by the advisory firm the Yankee Group, “SaaS represents for the corporate consumer scalable, virtualized information services provided on demand over the Internet with multitenant capability, service‐level agreements (SLAs) and usage‐based pricing. SaaS saves corporations cost and complexity and at the same time improves services for the end‐user or client.” However the critical factor for broad market acceptance of SaaS providers is and will remain security.

CEO Frances Lynch said, “We believe THC’s VoiceCheck™ .NET SDK offerings for the OEM partner and for the retail corporate client address this need. THC is an innovative company with the development expertise and proprietary technology to sustain its leadership position in the voice verification biometrics market.”

Tom Wilkerson, Vice President of Marketing, added: "In addition to our products, our company strengths also include our sales and technical support teams and our strategic engineering partners who have considerable experience working with the most innovative information security interface technologies."

Other THC VoiceVantage™ Products include:

TalkDirect™

TalkDirect™ is a self‐contained, stand alone Interactive Voice Response (IVR) solution designed for telephony‐based voice authentication.

SpeakNSet™

SpeakNSet™ is a self‐contained, stand alone secure identity confirmation solution that provides automated password reset capability for password‐protected systems.

VoiceCheck™ Software Development Kit (SDK)

The VoiceCheck™ SDK allows C++ developers to integrate VoiceVantage’s™ voice verification engine into an enterprise’s identity confirmation solution on Windows, Linux, Solaris and AIX platforms.

VoiceCheck™ Web

The VoiceCheck™ Web enables secure identity confirmation of users in remote environments seeking access privileges via the Web/Internet.

All of the VoiceVantage™ products provide the following features and benefits:

Multi‐Layered Security: VoiceCheck™ technology provides two‐factor authentication – something they are and something they know.

Convenient: Voice has consistently been ranked as the least intrusive and least intimidating biometric technology.

Cost‐Effective: VoiceCheck™ technology integrates with most existing infrastructures and uses existing communication devices.

Language Independent: VoiceCheck™ captures the voice characteristics necessary for future voiceprint comparison, regardless of the language, gender, or accent of the user.

Multiple Platforms: By using one centralized database of voiceprints for all platforms, enterprises can leverage their investment across many communication channels, such as web and telephony.

Real‐Time Enrollment: The entire enrollment procedure takes less than one minute to complete. Users can then securely gain immediate access to an enterprise’s business applications.

Low Storage Requirements: The typical user enrollment process consists of multiple renditions of a voiceprint; and the resulting storage requirement is no more than approx. 20‐30 Kbytes per user.

Flexible Security Models: VoiceCheck™ technology offers adjustable security threshold settings that can be controlled and modified by an enterprise to align with the enterprise’s own security standards.

Highly Scalable Server Platform: The VoiceVantage™ software is highly scalable via conventional industry standard relational databases. VoiceCheck™ is compatible with ODBC compliant databases.

About THC Technologies Corporation

THC is a privately held company with significant experience in business development, IT implementation and support of technology companies. THC's VoiceVantage™ technology is recognized as a leader in voice authentication software and products that capture and analyze human voiceprints for identification purposes, security, fraud prevention and numerous other applications.

In comparison to other biometrics industry offerings, THC's VoiceVantage™ products are noninvasive, language independent, and are designed to operate with conventional telephone equipment and computer microphones, thus eliminating the need for specialized devices and additional hardware. Further information on THC and VoiceVantage™ biometrics voice verification technology can be found at www.voicevantage.com.

Safe Harbor Statement

As provided by the “Safe Harbor Statement under the Private Security Litigation Reform Act of 1995,” THC Technologies Corporation (THC) cautions the reader that this release includes certain information that may constitute forward‐looking statements. Actual events or results may differ materially from those projected in the forward‐looking statements.