There were 1,679 press releases posted in the last 24 hours and 402,034 in the last 365 days.

VoiceTrust acquires Canadian biometrics firm Perceive Solutions

/ Dubai, 8th February, 2012: VoiceTrust, a global leader and provider of digital payments and voice biometric solutions announced today the acquisition of Montreal based voice technology firm Perceive Solutions Inc.

VoiceTrust is a global innovator in voice biometrics security and its revolutionary Proof-of-LifeTM program provides safe, secure and cost efficient delivery of various payment services, like secure pension disbursement that allows pension funds using voice biometrics to ensure that the recipient is still alive and in-country. Recipients do not need to personally visit pension fund locations to authenticate themselves.

Tariq Habib, CEO, VoiceTrust, said, "Perceive has a product portfolio that is a perfect extension to the current VoiceTrust solutions." He further added that "'the acquisition enhances our customer focused delivery promise of continuous innovation and development and Perceives experienced management team will enable us to support and address the Canadian market in an accelerated fashion"."

Roanne Levitt, Founder, Perceive Solutions, said, "We are excited to be part of the VoiceTrust team and leverage synergies between Perceives free-form speech products and VoiceTrust's platform and global market presence to enable us to provide state-of-the-art solutions for customers seeking world class speaker verification and authentication technology."

VoiceTrust is majority owned by Ramphastos Investments, the investment vehicle of Dutch investor Marcel Boekhoorn.

Corné Melissen, VoiceTrust´s interim CFO and spokesman for Ramphastos emphasises the investor´s commitment to the growth of VoiceTrust, both organically and by means of acquisitions.

About VoiceTrust:
VoiceTrust is a global provider of digital payment and voice biometric solutions. VoiceTrust is dedicated to continuous innovation and development of patented technologies. VoiceTrust leverages its domain expertise and intellectual property in digital payment transaction processing and voice biometrics to deliver highly differentiated real-life solutions. VoiceTrust is backed by a successful Dutch private equity firm and operates globally with footprints in the Americas, Europe and South Asia, Middle East & Africa.

About Perceive Solutions:
Perceive Solutions unique technology portfolio represents an innovation in voice biometrics that can identify and authenticate speakers in any language with free form speech.

Media Contacts:
Karen Hargreaves
Tel - +971 4 4458238