RadioShack® Deploys M2SYS Technology’s Biometric Identification Software for Second Hand Merchandise Buy-Back Program
Deployment to Create Audit Trail for Customers Selling Second Hand Merchandise through Trade & Save Program
Atlanta, GA (April 23, 2013) – M2SYS Technology, a global biometrics identity management company, announced today that RadioShack® has deployed M2SYS’s biometric identification software at select stores to capture the fingerprints of customers engaging in the sale of second-hand merchandise through RadioShack®’s “Trade & Save” Program. The biometric software deployment is meant to help stop fraud and establish a concrete audit trail of transactions.
Designed to limit fraud and the resale of stolen items, some U.S. jurisdictions require retail establishments that are licensed to accept trade-in merchandise to capture customer fingerprints. RadioShack® recently began accepting second-hand merchandise at select stores throughout the country and was seeking a convenient, affordable, user-friendly way to capture customer fingerprints and comply with the law.
Impressed with its affordability, plug-and-play practicality, and ease of deployment, RadioShack® turned to the M2SYS Bio-Plugin™ Image Capture Software solution to capture and create a raw image file from a scanned fingerprint.
“Since we already have a relationship with another vendor who provides a solution for pawn shops and gold buyers that includes our Bio-Plugin™ image capture software, we were familiar with this market and the need for retailers to adopt a simple, easy-to-use product,” said Michael Trader, President of M2SYS Technology. “The increase of fraud and theft has prompted many retailers to deploy biometric identification technologies to establish a concrete audit trail and fight back against criminals.”
About M2SYS Technology
With over a decade of experience and millions of end users in more than 100 countries worldwide, M2SYS Technology provides technology that makes biometric software affordable, simple to integrate and inexpensive to support. The company continues to innovate, build, and deliver leading-edge enterprise biometric solutions that transform the industry and expand the applicability of biometric technology in the marketplace. Recognized for numerous industry accolades, including Frost & Sullivan’s 2007 North American Biometrics Technology Innovation of the Year and the 2011 New Product Innovation Award, M2SYS invests in the prosperity of its partners by extending technological prowess and business solutions to broaden value portfolios and better service customer requirements. The M2SYS Corporate Blog can be found at blog.m2sys.com
Public Relations and Marketing Manager
RadioShack (NYSE: RSH) is a leading national retailer of innovative mobile technology products and services, as well as products related to personal and home technology and power supply needs. RadioShack® offers consumers a targeted assortment of wireless phones and other electronic products and services from leading national brands, exclusive private brands and major wireless carriers, all within a comfortable and convenient shopping environment. RadioShack employs about 30,000 knowledgeable and helpful sales experts globally. RadioShack’s retail network includes more than 4,600 company-operated stores in the United States and Mexico, and more than 1,000 dealer and other outlets worldwide. For more information on RadioShack Corporation, please visit www.radioshackcorporation.com; to purchase items online, please visit www.radioshack.com. RadioShack® is a registered trademark licensed by RadioShack Corporation.
Analysts and Investors Contact:
Bruce Bishop, +1-817-415-3400,
News Media Contact:
Looking to protect your vital assets and save money by securing your PC/network, managing passwords, and eliminating identity fraud? Look no further than our business solutions.
Our unique service and support model helps our customers to reach the full potential of their biometrics investment. The secret? The Human Aspect.
Need to integrate fingerprint biometrics into your application? Our core technology solutions enable you to integrate a complete system without the burden of a low level fingerprint SDK.