Telos Corporation wins Touchle – GuruFocus.com

Telos Corporation wins Touchle – GuruFocus.com

ASHBURN, Va., June 21, 2022 (GLOBE NEWSWIRE) — Telos® Corporation (TLS), a leading provider of enterprise, cloud and cyber security solutions for the world’s most security-conscious organizations, today announced that its ONYX® technology won first place in the overall Mobile Fingerprint Information Technology Challenge (mFIT) competition organized by the National Institute of Standards and Technology (NIST).

The NIST mFIT Challenge strives to advance mobile fingerprinting technologies by encouraging contestants to create and demonstrate prototype applications and accessories for mobile devices for the capture of fingerprints by law enforcement officers. countryside. ONYX shared the overall first place designation with French firm Idemia.

“The mFIT Challenge is focused on improving the technologies law enforcement needs to efficiently and effectively perform their mission and identify people in the field,” said Chace Hatcher, Telos vice president of technology and innovation and co-inventor. by ONYX. “ONYX is the world’s first and most accurate contactless fingerprint biometric software for mobile devices, and I’m proud to see it earn this recognition and validation from NIST.”

ONYX is a contactless mobile biometric solution that leverages a device’s camera to capture the user’s unique fingerprint, enabling quick and easy collection of fingerprint biometric data. Telos added ONYX technology to IDTrust360 when acquired the assets of Diamond Fortress Technologies in August 2021.

“When we acquired the assets of Diamond Fortress Technologies last year, it was very much based on the promise of ONYX,” said Mark Griffin, executive vice president of security solutions at Telos. “The results of the mFIT Challenge are just the beginning of that promise becoming a reality. This proprietary contactless fingerprint technology will remove much of the friction in biometric data collection for identity and access management and better serve our growing customer base.”

Through the mFIT Challenge, NIST sought innovative new or improved mobile applications that access sensors available in commercial off-the-shelf (COTS) mobile devices to capture high-quality digital fingerprint images. Participants were asked to submit a mobile app that captures quality digital images of the left and right hands. The ultimate goal of this challenge was to advance the technology while retaining the form factor of the mobile device.

In addition to first place in the overall competition, Telos also tied Idemia for the mFIT Challenge First Responder’s Choice Award.

For more information on Telos identity offerings, including ONYX, visit https://www.telos.com/offerings/onyx-overview.

Forward-looking statements
This press release contains forward-looking statements that are made under the safe harbor provisions of the federal securities laws. These statements are based on the Company’s management’s current beliefs, expectations and assumptions about future events, conditions and results and on information currently available to them. By their nature, forward-looking statements involve risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the future. The Company believes that these risks and uncertainties include, but are not limited to, those described under the headings “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” set forth from time to time. in the documents and documents of the Company. reports with the U.S. Securities and Exchange Commission (SEC), including its Annual Report on Form 10-K for the year ended December 31, 2021, as well as future Company filings and reports, copies of which are available in https://investors.telos.com and on the SEC’s website at www.sec.gov.

Although the Company bases these forward-looking statements on assumptions that it believes to be reasonable when made, the reader is cautioned that forward-looking statements are not guarantees of future performance and that the actual results of operations, financial condition and liquidity of the Company and industry developments may differ materially from statements made or suggested by forward-looking statements contained in this release. Given these risks, uncertainties and other factors, many of which are beyond its control, the Company cautions the reader not to place undue reliance on these forward-looking statements. Any forward-looking statement speaks only as of the date of such statement and, except as required by law, the Company undertakes no obligation to publicly update any forward-looking statement or to revise any forward-looking statement to reflect events or developments as they occur. after the date of the declaration, even if new information becomes available in the future. Comparisons of results for the current period and any prior period are not intended to express any future trends or indications of future performance, unless specifically stated as such, and should be viewed as historical data only.

About Telos Corporation
Telos Corporation (TLS) empowers and protects the world’s most security-conscious organizations with solutions to ensure the continued security of people, systems, and information. Telos’ offerings include cybersecurity solutions for information security and IT risk management; cloud security solutions to protect cloud-based assets and enable ongoing compliance with government and industry security standards; and enterprise security solutions for identity and access management, secure mobility, organizational messaging, and network defense and management. The company serves commercial companies, regulated industries, and government clients around the world.

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