Bioscrypt To Acquire A4Vision

Bioscrypt Inc. (TSX: BYT) has agreed to acquire A4Vision Inc., a Sunnyvale, Calif.-based provider of identification systems using 3D facial imaging and recognition technology. No financial terms were disclosed. A4Vision had raised over $25 million in VC funding since its 2001 inception, from firms like MyQube, Hanna Ventures, In-Q-Tel, Motorola Ventures, Menlo Ventures, < ?xml:namespace prefix = st1 ns = "urn:schemas-microsoft-com:office:smarttags" />StanfordUniversity and Sunrise Capital.