Mahwah, NJ -- (SBWIRE) -- 09/23/2014 -- InterCore, Inc. (OTC Pink: ICOR) (PINKSHEETS: ICOR) ("InterCore") announced that the first of two driver simulator tests of its alertness detection technology has been completed by an independent European transportation technology testing firm on behalf of a major multinational corporate client.
“We were initially contacted by the testing firm in December 2013 to participate in a review of twenty-three technologies. In August, five were selected to be the subjects of a vehicle simulator test,” said James F. Groelinger, InterCore's CEO.
Representatives of the testing firm, utilizing an iPhone purchased in Europe, independently downloaded the DADSTM app software from the new server center recently established by SRG International, Inc., InterCore’s wholly-owned subsidiary that developed the DADSTM technology. This step demonstrated to the testing firm on a first-hand basis the ease of the download and setup process. Once accomplished, the iPhone and associated camera were installed in the simulator test vehicle in parallel with devices with competing technologies. A representative of SRG was available during the test period to respond to any questions and reported that the DADSTM app "performed flawlessly".
Mr. Groelinger continued: “The simulator testing was completed last week. While formal results will not be available until October, the preliminary indications are that DADSTM performed exceptionally well. We’re looking forward to participating in the second phase of the simulator testing which is expected to occur in the fall, the winner of which will advance to a field test likely involving several thousand vehicles and other applications.“
DADSTM utilizes a smartphone and a small off-the-shelf digital camera to perform biometric monitoring of multiple points of a driver’s face to continually evaluate the operator’s real-time level of alertness. DADSTM signals drivers when they are becoming fatigued and their skills are becoming impaired (often before they know it themselves). In applications such as truck, bus, or train operations, DADS™ would provide visual and audible alerts of decreasing levels of alertness and the probable onset of sleep to both the vehicle operators and their dispatch control centers.
DADS™ is currently deployed in a commercial demonstration program in 5,000 trucks insured by a major insurance carrier. The iPhone app – in both commercial and consumer versions – is now ready for deployment, which is expected to commence via iTunes within several weeks. Android and Windows versions of DADSTM are expected to be made available before the end of this year.
About InterCore, Inc.
InterCore, Inc., (OTC Pink: ICOR) (PINKSHEETS: ICOR) is a public company focused on the commercialization and deployment of DADSTM and related products through its wholly-owned subsidiary, SRG International, Inc. Designed around proprietary alertness detection technologies and developed in correlation with the electroencephalogram (EEG), DADSTM helps alert operators to their work activity capability based on real-time monitoring of their state of alertness. See http://www.icorinc.com and srgint.com
Forward Looking Statements
This news release contains certain "forward-looking statements." Forward-looking statements are based on current expectations and assumptions and are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified, and many of which are beyond the Company's control. The forward-looking statements are also identified through the use of words "believe,” "enable," "may," "will,"
"could," "intends," "estimate," "anticipate," "plan," "predict," "probable," "potential," "possible," "should," "continue," and other words of similar meaning. Actual results could differ materially from these forward- looking statements as a result of a number of risk factors detailed in the Company's periodic reports filed with the U.S. Securities and Exchange Commission via the Edgar system. Given these risks and uncertainties, investors are cautioned not to place undue reliance on such forward-looking statements and no assurances can be given that such statements will be achieved.
James F. Groelinger firstname.lastname@example.org
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