NexID Biometrics Highlighted at Recent Press Event

SYRACUSE, NY – August 29, 2014 – NexID Biometrics, a leading provider of spoof mitigation and liveness detection solutions for the biometric authentication industry, was recently highlighted during a press event recognizing nine recipients of the NYS Grants for Growth program sponsored by CenterStateCEO. The event was held at the Syracuse Tech Garden, a business incubator located in downtown Syracuse.

The Grants for Growth funding awarded to NexID Biometrics was part of a recent series of external funding received by the company, all totaling $325,000. A video of the event, published with permission from WSYR-TV in Syracuse, can be viewed below.

About NexID Biometrics

With founders among the world’s leading authorities on anti-spoofing and biometric liveness detection, NexID Biometrics is a leading software and technology supplier to the biometric-authentication industry. NexID develops and licenses liveness-detection software that enables fingerprint-scanning technologies to authenticate scanned images more accurately, and with greater confidence, by mitigating spoof-related risks. The company also provides testing and analysis of fingerprint-scanning devices to identify existing vulnerabilities to known spoofing strategies. NexID is an associate member of both the Center for Identification Technology Research (CITeR), a National Science Foundation Industry/University Cooperative Research Center, and the Fast Identity Online (FIDO) Alliance, an industry consortium revolutionizing online authentication with standards for strong authentication.

About CenterState CEO, Grants for Growth, and the Syracuse Tech Garden

The CenterState Corporation for Economic Opportunity is a twelve-county business leadership and economic development organization, based in Syracuse, New York. The organization represents more than 2,000 members and serves as the region’s primary economic, community and business development catalyst. CenterState CEO works to achieve regional growth and total community prosperity through partnerships, planning and problem solving.

The Grants for Growth program is a unique seed program that offers up to $75,000 in matching funds for innovative applied research projects between universities and industry that have the potential to improve business competitiveness and create jobs. By seeding applied research relationships between university and industry, the program seeks to increase innovation and technology commercialization within the CenterState New York regional economy.

As a component of CenterState CEO, the Syracuse Tech Garden is the Northeast’s premier entrepreneurial ecosystem, providing comprehensive support for turning great ideas into high-growth businesses. The Tech Garden’s unique approach fuses the best aspects of technology incubators and business accelerators, creating the ideal home for nurturing entrepreneurial visions.

About Senator John DeFrancisco

Senator DeFrancisco represents the 50th NYS Senate District, a position he has held since 1992. A long supporter of economic development, the Senator has secured funding for the Grants for Growth program for eleven consecutive rounds of investment, with nearly a half million dollars in awards among nine recipients in this eleventh round.