2007 News

Orlando Based BioTraits Launches Time Manager System That Saves Companies Hundreds of Thousands of Dollars in Wasted Time, Efforts

ORLANDO, Fla. (April 23, 2007) – Sanford based Seminole Masonry is a construction service firm with 150 employees and payroll that approaches $7 million annually.  By utilizing a new digitized BioTraits Time Manager System, Seminole Masonry documented savings of more than $180,000 annually by eliminating wasted time and effort.

Ricardo Aguiler is president of BioTraits, Inc., the company that developed the Internet-based BioTraits Time Manager system.  The system employs a sophisticated software program along with wireless remote devices.  Seminole Masonry is one of his early clients, and the company’s documented results strongly validate the return on investment of BioTrait’s Time Manager System.

Seminole Masonry operates eight crew trucks manned by construction superintendents.  Each superintendent is responsible for seeing that construction workers get paid for the time they actually spend at work.

BioTraits Time Manager includes wireless terminals that fit into the glove compartments of foremen’s trucks.  It enables on-site workers to “punch” a time clock remotely, using a fingerprint or a proximity code card that automatically records the identity of the worker.

“They digitized their time card process which saved on administrative costs.  They now have validated data that accurately accounts for the time the employees worked.  By reducing internal labor costs and eliminating overpay, they saved enough to pay for the entire system in the first three months,” said Aguiler.

At Davenport Insurance, a small business with only five employees, the owner imbedded a BioTraits Time Manager system and immediately reported a substantial boost in productivity.  “The owner began paying his employees for the time they worked, not the time they reported to the office, and found that productivity increased by more than 30 percent,” said Aguilar.

“He was able to hire more professional employees and expand his business with the savings we generated,” he said.

Aguilar said BioTraits Time Manager can be easily adapted to hospitals, financial institutions, and public service agencies such as law enforcement and social service providers,  BioTraits expects sales in 2007 to continue growing rapidly as organizations seek effective ways to reduce costs and improve productivity.

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For more information, contact:
Ricardo Aguilar, president BioTraits, Inc. 407-927-1837 or ricardo@biotraits.com.         
Tom O’Neal or Carol Ann Dykes, UCF Technology Incubator, 407-882-0202
Larry Vershel or Beth Payan, LV Communications, 407-644-4142

About BioTraits

BioTraits is a biometric technology company focusing on the current and future needs of companies and institutions demanding qualitative human recognition and authorization via human identification. Currently BioTraits provides solutions for Time & Attendance and Access Control. Solutions for companies' and families' most basic needs are its primary focus.  For more information visit www.biotraits.com

About the UCF Technology Incubator

Since its founding in 1999, the UCF Technology Incubator has helped more than 80 emerging technology companies create over $200 million in annual revenue and more than 700 new jobs with an average salary of $59,000. The UCF Technology Incubator was named 2004 Incubator of the Year by the National Business Incubation Association. Headquartered in Research Park near the University, the Incubator is a true collaboration in economic development between UCF, Orange County, the City of Orlando, Seminole County the Florida High Tech Corridor Council and the Metro Orlando Economic Development Commission. For more information, please visit http://www.incubator.ucf.edu.

 

 

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