MyPublicInfo and Edentify to Help Consumers Nationwide Find and Eliminate Identity Theft in Public Records23 December 2005
Today, MyPublicInfo and Edentify, Inc. (OTC BB: EDFY) jointly announced a powerful new way consumers will be able to retrieve, review, and control information in their public record, and ensure it's accurate and safe from identity thieves. Edentify will provide an Identity fraud risk score to MyPublicInfo's customers and will complement MyPublicInfo's Public Information Profile (PIP), an industry-leading background check that lets consumers easily access and analyze their public records.
MyPublicInfo (www.MyPublicInfo.com) aggregates the public records of over 5,000 businesses, financial institutions, government agencies, and other sources to provide a comprehensive personal profile that's easy for any consumer to understand. By offering Edentify's (www.Edentify.us) patented identity fraud assessment, detection, and prevention technologies, MyPublicInfo can offer its customers a service that quickly and accurately scans customers' public records for suspicious activity commonly associated with identity fraud. In addition, Edentify's technology helps MyPublicInfo offer analysis of suspicious activity to provide each client a 'risk score' that indicates how much their identity has been compromised, if at all.
"Edentify's identity management solutions are used by financial institutions to detect and stop identity fraud, and now that fraud prevention technology is available to protect our customers from the potentially devastating impact of identity theft," says Dr. Harold Kraft, CEO of MyPublicInfo. "We will now detect identity fraud with more accuracy. Edentify's risk score will especially accelerate the process whereby we determine whether an inconsistency is identity fraud or identity confusion."
Highlighted Links http://www.mypublicinfo.com http://www.edentify.us
Terrence DeFranco, CEO of Edentify, agrees: "MyPublicInfo's significant market penetration over the past year built the ideal opportunity for Edentify to enter and capture a share of the consumer market. The company has an excellent track record of giving people more of the tools they need to properly manage their public records, and protect themselves from the impact of identity theft," he says. "We're thrilled to integrate our robust fraud detection tools into the consumer market and be a part of MyPublicInfo's unique efforts to empower individuals with the tools necessary to find and fight identity fraud."
About Edentify
Edentify, Inc. (www.Edentify.us) is one of the leading organizations dedicated to developing and deploying technology solutions utilized in preventing identity theft and fraud. Edentify has intellectual property rights to two solutions aimed at detecting and preventing identity fraud. The first is a patented information-based solution that analyzes identity information of individuals in large corporate and government databases, and is capable of detecting and scoring incidents of identity manipulation and potential fraud (Identity Quotient Index™). The second intellectual property is a unique biometric solution (technology-based solution) marketed through the company's wholly-owned subsidiary, InMotion Biometrics, Inc. ("IMB"), that combines face and voice recognition technologies for authenticating the identity of an individual. Edentify sells its solutions directly, and through channel partners, in the financial services, healthcare, and government sectors. Future plans include the development of an integrated product that combines our information-based ID manipulation detection capability with IMB's biometric technology, thereby enabling more accurate enrollment and, subsequently, a more reliable identity protection system.
About MyPublicInfo
MyPublicInfo, Inc. (MPI) was founded in Arlington, Virginia in 2004 to provide consumers with consumer background check and identity theft-prevention information and tools. MPI sells the most extensive background report available through the MyPublicInfo.com web site, partner web sites, and other marketing channels. For more information or orders, please go to www.MyPublicInfo.com.
NOTE TO PRESS:
Comprehensive resources are available for this story, including people and/or product photographs, company and/or product logos, executive interviews, industry sources, analyst contacts, answers to frequently asked questions, industry research and data, white papers, corporate and product briefs, and more. Please contact Mike Lizun at Gregory FCA, at 610-642-8253 or Mike@GregoryFCA.com.
Forward-Looking Statement Disclaimer
This press release may contain forward-looking statements that are made pursuant to the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995. Statements of future goals and similar statements reflecting other than historical facts constitute forward-looking statements. These forward-looking statements involve a number of risks and uncertainties, which are described in Edentify's filings with the Securities and Exchange Commission. The actual results may differ materially from any forward-looking statements due to such risks and uncertainties. Edentify undertakes no obligation to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.
MyPublicInfo Press Contact: Alexandra Brunais Terpin Communications 310-821-6100, ext. 103 E-mail: Alexandra@Terpin.com Edentify Press Contact: Mike Lizun Gregory FCA 610-642-825 E-mail: Mike@GregoryFCA.com SOURCE: MyPublicInfo
Source: marketwire
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