delSECUR Corporation (DLSC.PK)

delSECUR Corporation is the holding company for delSECUR Inc. (formerly 3127575 Canada Inc.), through which it is the exclusive licensee of the del-ID technology for personal identification by means of electronic scanning of finger characteristics. delSECUR Inc. has no manufacturing facilities and does not plan to manufacture its products directly. The del-ID system collects biological data from the finger image of the individual and transfers the image to an electronic signature called the del-gram. The del-gram is not a digitized bitmap image of the finger but a synthesized subset of biological data sufficient to identify the individual.

delSECUR Corporation is engaged in the development and licensing of technology to enable totally secure access to computers, telephones, cellular phones, ATMs and other devices through the collection of biological data from the finger image of the individual. For the 9 months ended 2/28/02, the Company reported no revenues. Net loss decreased 62% to C$947K. Lower loss reflects lower costs related to the issuance of stock for services.