Categories: Software Release
      Date: May 24, 2004
     Title: idMatch Systems releases NamiX™ Version 1.0 (A Multi-Cultural Name Search Software)
Edison, NJ - May 24, 2004: idMatch Systems, Inc, the Edison, NJ based software products company today announced, NamiX™, a solution for fault tolerant multi-cultural name searching in large databases.

Edison, NJ - May 24, 2004: idMatch Systems, Inc, the Edison, NJ based software products company today announced, NamiX™, a solution for fault tolerant multi-cultural name searching in large databases.

With almost all the corporations going global and substantial increase in the customer/entity databases, there comes the problem of identifying the right person in database with the identifying names. Since the data processing are prone to several kind of errors like various errors while feeding the customer name manually into the client database, errors when automated document feeding systems are used. Similarly much different kind of errors may occur while querying the database also.

Due to the growth in the entity database the possibility of missing out the right persons that we are looking in database increases, which in turn leads to various in-efficiencies in the business process leading to the revenue loss. This kind of revenue loss should be curbed at the starting itself rather than trying to remove the de-duplication later on in the process. Each and every step in the business process is considerable part of the revenue, so the best way to remove the revenue loss would be to plug-in software where the in-efficiency/revenue loss tries to get into the system. We have identified the starting of the transaction/account to be a major milestone in the business process where most of these sort of mistakes happen. So we have solution to plug into the process to avoid the leaks in the initial steps itself.

Today the businesses are at a point where-in the competition is getting tougher day-by-day, the corporations are expanding globally, which generates need to have multi-cultural name-search software. NamiX™ provides a lot of features, and a lot of room for enhancements for future requirements, which would be of interest to any of the corporation/agency. The applications of the product vary across industries encompassing call centers, financial industry and, law enforcement and many more. The reasons of NamiX™ being used in industry are distinct ranging from faster response time, better customer satisfaction to countering terrorist identification. NamiX™ is a highly flexible and scalable system and tries to plug-in one of the revenue losing avenues in the system.
About idMatch Systems, Inc
idMatch Systems, Inc focuses on development and marketing of software products, services and consulting. idMatch Systems operates through its office in US.

idMatch Systems has a range of products in the domain of information retrieval, presently armed with two of its products which are centered on better name-search capabilities in the databases. The products and services of idMatch Systems are marketed globally, with a particular focus on the US. idMatch Systems focuses in the Information Retrieval domain with special emphasis on Name/Identity Data with its current array of products.

idMatch Systems has pioneered the concept of identity search, through the development of NamiX™. NamiX™ assists corporations in effectively finding the entities based on possible name matches, which otherwise may not be found with available database technology. This step alone maximizes the revenue to considerable extent by reducing the man work, postal charges for the duplication and all the associated costs that are involved in handling the duplicated entities in the database, apart from this, by doing so it also minimizes the risks in doing business. The other revolutionizing product iVigilant™ is again in the domain of name-search with special emphasis on OFAC compliance requirements. iVigilant™ helps the institutions identify possible matches for their existing/new customer in the OFAC/Terrorism lists of various banks, countries and world organizations.

idMatch Systems is a privately held company. For additional information on idMatch Systems, please visit http://www.idMatchSystems.com.