June 12, 2014 -
The terms of the new deal have not been disclosed.
“We are very happy to be able to combine with JLG Technologies, LLC and their affiliates – Voice Analytics, LLC and JLG ICER Technologies, LLC,” Rick Smith, CEO of Securus said. “They have the best continuous voice biometric technology in our industry – very sophisticated software that not only identifies unauthorized users on a particular call, but goes on to identify the user’s identification.”
“Jay L. Gainsboro, President and Founder of JLG Technologies has been our partner for over five years – we regard Jay as one of our industry’s ‘chief scientists’ and have a deep respect for his work. We have done business with Jay and his team for a long time – and it was the right time to put our teams together to bring even more sophisticated products to market. JLG Technologies, LLC currently has over 40 active patent applications at the U.S. Patent Office and expects the first of them to be issued within 12 months – so they have developed a valuable intellectual property portfolio.”
According to research from 2013, the overall market for face and voice biometrics is expected to be valued at nearly $3 billion by the end of 2018. http://www.biometricupdate.com/201304/face-and-voice-biometrics-market-to-reach-3-billion-by-end-of-2018-report
“I have worked with the Securus team for many years – and my name even appears on a number of their patents,” said Jay L. Gainsboro, President and Founder of JLG Technologies. “My team and I will continue our work with Securus and our other industry customers to not only develop our existing products, but to expand their capabilities and potential to add even more value.”
“We started with some ideas on how we could improve safety and security inside and outside of jails and prisons, and developed the Investigator PRO and ICER product sets that are now in use in 27 states and in 189 facilities. We are very proud of what we accomplished and that matches well with what Securus is building with their Secure Call Platform (SCP) and their recent high-tech acquisitions. We are both creating a safer and more secure prison and jail environment – and a safer and more secure society. We are both committed to the ongoing pursuit of innovative technologies that provide reliable, state-of-the-art solutions for corrections and law enforcement – I think a very noble quest,” said Gainsboro.