Web Marketing obtains fingerprint recognition technology

Web Marketing, a Warsaw-based IT company, is to partially take over an unnamed Swiss company producing finger-print recognition technology which could then be sold in Poland. Initially, Web will acquire a 20% to 35% stake in the Swiss company. Fingerprint recognition will replace other identification techniques such as passwords and is particularly useful for accessing Automatic Teller Machines (ATMs) and computer systems. "It can be used to eliminate fraud in e-commerce," says Web's President Marek Multan. Next year, the company is planning to be listed on the stock exchange. (Gazeta Wyborcza, page 27) A.Z.