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TELECOMWORLDWIRE-7 March 2001-Oki, Matsushita team to develop new iris identification systems (C)1994-2001 M2 COMMUNICATIONS LTD http:/ /www.m2.com The Japanese companies Oki Electric Industry Co Ltd and Matsushita Communication Industrial Co Ltd have formed an alliance to develop and market personal identification products based on the tint patterns of the human iris. Under the partnership the companies will combine Oki's iris identification and processing technology with Matsushita's video camera technology into personal identification products for the security market. The partners also hope to establish de facto standards for that market. Initially Oki and Matsushita will market and sell their iris identification systems to the financial industry, beginning in April. Later they plan to launch a gate management system for the financial industry as well as other applications based on iris technology. The new products will be sold through the firms' respective sales networks in Asia, Europe and North America. ((Comments on this story may be sent to [email protected]))