Brain Fingerprinting Technology and Indoor Tracking Solution Win the American-leg of Global Security Challenge
College Park, Maryland — Booz Allen Hamilton announced today that a new solution for detecting concealed information stored in memory and a technology for tracking first responders within complex structures, have won the American Semi-Final of the Global Security Challenge 2008. Five startups, who were chosen out of hundreds that entered this international competition, pitched their inventions at an event hosted at the University of Maryland. The Jury selected two most promising security startups in America, who now go on to London to compete in the Grand Final for a chance to win $500,000.
Brain Fingerprinting Laboratories from Seattle, WA, developed a brain fingerprinting technology. This humane, non-invasive and accurate scientific technology detects concealed information in the brain that can be used for interrogations of criminal and terrorist suspects but also to detect Alzheimer’s disease and for measuring advertising effectiveness. (www.brainwavescience.com)
TRX Systems, a spin off from the University of Maryland, created an advanced personal tracking system that provides first responders with accurate and real-time locations of individuals deployed inside a building. TRX’s technology is self-contained, requires no pre-existing infrastructure and can even create virtual floor maps in real-time. (www.trxsystems.com)
"The invention itself is just the beginning of innovation. Productizing and commercializing the invention are themselves very significant challenges that need serious attention if it is to achieve success in the marketplace," said Tom Fuhrman, a Vice President of Booz Allen Hamilton. "I applaud all the competitors in the Global Security Challenge for their creativity, their resolve and tenacity in developing their concepts into saleable products, and their business savvy in taking those products to market."
The three other American Semi-Finalists of the Global Security Challenge developed technologies that range from mobile biometric identity verification to an intelligent surveillance camera with video recording and intelligent sensor infrastructures for real-time situational awareness.
The judges when announcing the result said: “We selected Brain Fingerprinting Laboratories and TRX Systems to go forward to the worldwide final in London as they both invented potentially disruptive technologies with global opportunities.”
The Challenge included remarks by University of Maryland President C. D. Mote, Jr., a key note address on innovation by Booz Allen Hamilton executive Tom Fuhrman and a panel on social science and terrorism that included representatives from venture capital, the federal government and academia. The judges for the American Semi-Final of the Global Security Challenge were:
Tom Stautz, Senior Analyst at TSWG of the US Department of Defense
Bruce Gregor, Principal at Booz Allen Hamilton
Dean Chang, Director of MTECH Ventures at UMD
Gerard Eldering, President of InnovateTech
Mark Frantz, General Partner at Redshift Ventures