ICBS acquires 50% interest in Identascan Corporation

NEW YORK and MONTREAL, Jan. 18 /PRNewswire-FirstCall/ - ICBS Ltd., (OTCPK: ICBT) announced that it has acquire a 50% stake in the Identascan Corporation.  ICBS will be providing business consulting  along with project funding.

Identascan Corporation headed by Dr. Li Liu who is in the process of developing a computer program that will allow the identification of individuals by their body movements.  "Each individual's body movement is as personal as their fingerprint", said Identascan's President Dr. Li Liu.

Dr.Liu holds Post-doctoral Fellowships in Bioresource Engineering ,  Mathematics, a Ph D. in Computer Science, and  a B.Sc. in Computer Science.

Identascan's program will allow surveillance in such places as airports and crowded walkways to identify an individual in a crowd even if only 40% of their body mass is visible.  The program which also incorporates Artificial Intelligence along with proprietary identification and scanning technologies will start testing within the next few months.

"This is a very exciting project for us" stated ICBS's President Garth McIntosh, " we expect to take advantage of the Canadian government scientific grant programs to aid in the development of Identascan"

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SOURCE Inter Canadian Business Service