Business News

XID Technologies Appoints Industry Visionary Pasquale Pistorio to Board of Directors

SOURCE:

XID Technologies

2008-08-19 10:00:00

XID Technologies Appoints Industry Visionary Pasquale Pistorio to Board of Directors

Concurrently, Facial Recognition Innovator Bolsters Executive Team With Addition of Two New VPs

REDWOOD CITY, CA and SINGAPORE–(EMWNews – August 19, 2008) – XID Technologies, a Redwood City, Calif.

and Singapore-based innovative facial

recognition company, today announced it has appointed microelectronics

industry veteran Pasquale Pistorio, Honorary Chairman of

STMicroelectronics, to its board of directors. A true visionary with over

40 years of executive experience, Pistorio brings a wealth of business

knowledge and an impressive background to the already diverse group of

industry experts on XID’s board of directors.

“The addition of Pasquale to our board of directors is truly a milestone

for XID, and it comes at precisely the right time in the company’s

history,” noted Mike Holt, XID’s CEO. “On a worldwide scale, facial

recognition is quickly being embraced as an increasingly important and

reliable tool in both the security and media markets. The opportunities

for these applications are truly endless, and having someone of Pasquale’s

caliber in a guiding role is key to XID’s success as we embark on further

expanding the acceptance of facial synthesis and recognition technologies.”

Pistorio began his illustrious career as a salesman for Motorola products

and rose through the ranks to become Vice President of Motorola

Corporation, demonstrating a business acumen that would be honed even

further with his promotion to General Manager of Motorola’s International

Semiconductor Division. As General Manager, Pistorio was responsible for

design, manufacturing and marketing activities for all regions outside of

the United States. In 1980, Pistorio was made President and CEO of the SGS

Group, the only Italian microelectronics company, which he built into a

profitable broadline semiconductor manufacturer. Pistorio’s success at the

SGS Group led to the successful integration of SGS with French

semiconductor powerhouse Thomson Semiconducteurs, forming a powerful new

entity, SGS-THOMSON Microelectronics (renamed STMicroelectronics in 1998).

Pistorio, as STMicroelectronics’ President and CEO, has positioned the

company at the highest level in the worldwide ranking of semiconductor

companies. Retiring from his position in 2005, Pistorio now serves as

Honorary Chairman for STMicroelectonics. Pistorio holds a degree in

electronics from the Polytechnic of Turin, Italy.

Pistorio has made his mark as a champion of Europe’s microelectronics

industry over the years, and has garnered much praise along the way,

including receiving the “Lifetime Achievement Award” from Reed Electronics

Group in 2003; being named to the number one spot in the “Top 25 Movers and

Shakers” ranking by Time magazine in 2002; and being voted among the top 50

“Stars of Europe” by Business Week magazine.

In order to best capitalize on the burgeoning facial recognition market,

XID Technologies has further bolstered its executive management team with

the addition of Jorge Silva as vice president of sales and Alex Carrausse

as vice president of product and customer support.

As XID’s newly appointed Vice President of Sales, Jorge Silva brings more

than 25 years of high tech industry experience in sales, marketing and

corporate development to XID. While holding positions including

International Sales Manager for Ricoh’s Office Automation Division,

Director of European Sales for Euro-Technology, and Senior Vice President

of Business Development at Amkor Technology, Silva refined his skills and

acquired the deep sales knowledge that he now brings to XID. A serial

entrepreneur, Silva has concepted and launched businesses geared towards

helping emerging companies conduct business in Asia, as well as owned and

managed an Internet marketing solutions franchise.

Alex Carrausse, as XID’s vice president of product and customer support,

will rely upon his experience in the security and biometrics industry as he

heads up developing and managing the company’s customer and product support

global infrastructure. Prior to joining XID, Carrausse worked in product

development and system integration for Sagem Defense et Securite.

Carrausse has also managed project delivery and customer support operations

in Korea, Nigeria, France and the UK.

XID is a pioneer that is noted for its facial synthesis technology which

detects, recognizes and synthesizes the human face. The company has

developed and commercialized leading-edge face recognition,

face synthesis and face replacement products.

XID’s facial synthesis and recognition technologies are utilized for

security applications including access

control for devices such as PCs, web cams, mobile phone log ins, as

well as physical access/door control. The company’s patented approach to

facial recognition using 3D facial synthesis is the only face recognition

solution in the world that is able to function in outdoor, uncontrolled,

real world environments.

About XID Technologies

XID is a technology company with core expertise in computer vision and

computer graphics focused on the development of technologies and solutions

related to the human face, targeted to the security and media markets. The

company offers SDKs and solutions such as face detection, face recognition,

face synthesis (real-time 3D simulation of faces from a single photo), 3D

face animation, 3D avatars and automatic 3D face replacement in photos as

well as videos for the personalization of content.

Since April 2003, XID technologies has received several awards, media

attention and satisfied customers in recognition of its innovative

technologies and solutions. With headquarters in Redwood City, California

and Singapore, XID Technologies’ software and semiconductor products are

sold through its direct sales force and international distributors. More

information is available at http://www.xidtech.com.

Media Contact:
Dena Grigas

Bob Menzies

Lages & Associates
(949) 453-8080

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