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SpecMoney Breaking News AccuPoll Holdings Corp (OTCBB: ACUP.OB)
AccuPoll Holdings Corp. (OTC: ACUP.OB) to Acquire Leading Voter Registration Company, NTS Data Services. AccuPoll Adds NTS Data Services’ Voter Registration and Election Support Services to its Election Capabilities: AccuPoll continues to significantly expand its business capabilities. On July 1, 2004, AccuPoll, Inc. (OTC:ACUP.OB) a developer of Direct Recording Electronic (DRE) voting systems, announced the signing of a definitive agreement to acquire New York-based NTS Data Services Corp, a leading provider of voter registration applications and election support services. Together, the combined company will provide voter registration and election related products and services to more than 60 counties in six states, thereby representing more than seven million registered voters. Frank Wiebe, President of AccuPoll stated, “AccuPoll's proposed acquisition of NTS will create a full-service election company. From voter registration through final election canvass and reporting, AccuPoll will be able to provide all of the functions that officials require to easily and completely manage an election." Mr. Wiebe added, "NTS possesses a solid track record of profitable operations, an outstanding reputation in the industry, and significant, long-term customer relationships in north eastern states including New York and Pennsylvania.”
AccuPoll Receives Certification for Electronic Voting System in Ohio and Arkansas; Company's Voter Verified Paper Audit Trail (VVPAT) Voting System close to wide spread adoption: On June 8th & 9th, 2004, AccuPoll, Inc., a leading developer of patent-pending electronic voting systems, announced the receipt of state certification for its voting system in the states of Arkansas and Ohio. The two join a l'ist of other states, such as Utah, South Dakota, Mississippi and Delaware, where AccuPoll can now market and deliver their voting system. The receipt of certification for the company's equipment, in these additional states, now provides for the availability of electronic voting systems with a voter verified paper audit trail (VVPAT) throughout the states. AccuPoll designed their direct recording electronic (DRE) voting system from the outset to feature a VVPAT, which allows voters to verify -- via an immediately printed paper audit trail -- that their vote was accurately recorded at the time it is cast. As a result, AccuPoll's VVPAT system fully empowers voters to independently ensure that their vote is correct at the time it is cast, allowing for an accurate recount and audit capability should the need arise. Frank Wiebe, President of AccuPoll noted, "This is a significant event because Ohio has been on the forefront of the VVPAT debate. Just recently, new legislation was passed requiring a VVPAT to be included with all direct electronic recording voting systems. We believe this factor contributed to recent decisions by counties across the state to delay purchase of new equipment because the 'paperless' voting machines they were considering did not have the capability for a true paper audit trail."
AccuPoll to Make International Debut in Italy During European Union Elections: On the heels of this announcement, AccuPoll reported in a press release on June 11, 2004, that the company will participate in the European Union Parliamentary elections in Italy and demonstrate to Italian officials the use of its touch screen electronic voting system with a voter verified paper audit trail. The election will mark the first time that an electronic voting system with a voter verified paper audit trail (VVPAT) has been used in Italy. Voters will select from among 24 Italian parties represented by hundreds of candidates to fill 20 seats in the new European parliament. AccuPoll's is the only US-based DRE voting system that will be taking part in this crucial first election to elect delegates representing the 25 nations in Brussels.
A Review of AccuPoll’s Business and DRE Voting System: Reacting to systemic problems in manual voting systems, such as “hanging chads” and confusing ballot layouts, President George W. Bush signed the Help America Vote Act of 2002 ("HAVA") into law, a $3.9 billion initiative that established new requirements for centralized electronic voter registration systems. AccuPoll Holding Corp. a leading developer of patent-pending electronic voting systems, is capitalizing on a $3.9 billion market 0pportunity by providing the only American made electronic voting system that produces a verifiable and auditable proof of vote. Offering best of breed technology, and having strategic alliances with firms such as Electronic Data Systems, Unisys Corporation and Lexmark International, AccuPoll’s federally-qualified electronic voting system is poised to become the technology of choice by federal, state and local election administrators. On March 26, 2004, AccuPoll announced the federal qualification of its voting system by the National Association of State Election Directors (NASED), the organization that oversees standards established by the Federal Election Commission (FEC). The qualification of AccuPoll’s electronic voting facilitates the potential wide scale implementation and adoption of the company’s e-voting system by federal, state and local electoral administrators. Notably, AccuPoll is the only certified manufacturer that can deliver a paper verification, thereby meeting a significant stipulation regarding the audit capability of the election process. On May 13, 2004, AccuPoll announced the receipt of state certification for its voting system in the states of Utah and South Dakota. The two join a l'ist of other states, such as Mississippi and Delaware, where AccuPoll can now market and deliver their voting system.
Favourable attributes of the company and its products include: AccuPoll’s technology is a patent-pending, certified electronic voting system. On October 23, 2002, the Company rec-eived confirmation from its IP law firm that the USPTO had issued a Notice of Recordation and Assignment dated September 19, 2002 for patent application no. 10/190,964. Patent application no. 10/190,964 had been on July 5, 2002 ACUP’s E-voting system has the ability to simultaneously produce two different electronic audit trails, and a paper record or Proof of Vote Robust technology that is based on common standards (incorporates `XML' or Extensible Markup Language, a universal language for describing and exchanging data) Strategic alliances with blue chip US based technology companies: Electronic Data Systems, Unisys Corporation, and Lexmark International Institutional investment: ABM Amro (Switzerland), Lemanik Funds (Italy) and BCL Bank (Switzerland) have taken equity positions in the Company On April 6, 2004, AccuPoll and AmCad, a leader in the implementation of automated technologies and solutions for state and local government agencies, announced a comprehensive agreement to distribute and support AccuPoll's federally qualified voting system. As a provision of the agreement, AmCad will represent AccuPoll throughout Alabama, Delaware, Kansas, Nevada, North Carolina, Ohio and Virginia. AmCad will also represent AccuPoll in various California counties. AccuPoll’s President, Frank Wiebe noted, “AmCad is an expert in dealing with the intricacies of state and local government agencies. They will be a tremendous asset in the implementation of our recently-qualified electronic voting systems. Both companies are dedicated to providing the best automated solutions for government and to on-going voter education, qualities that will facilitate a smooth transition to our new electronic voting technology."
AccuPoll’s DRE Electronic Voting System, The Technology Explained: The AccuPoll electronic voting system consists of one or more voting stations that 0ffer an 'ATM-like' interface to the voters, and which prepare and print ballots for machine or hand counting. These voting stations are connected via a local area network ('LAN') to a voting administrative workstation. The LAN is not connected to any network outside the polling place during voting hours. Tampering with voting results is thus minimized, as there is no access to the system other than through the supervised polling place. At the same time that the “proof of vote” is printed, the voter's choice is stored locally on the voting station and also immediately transmitted to the polling place voting administrative workstation. Thus, when the polling place closes, three redundant copies of the anonymous ballots are available: The electronic ballots recorded by each voting station. The electronic copies of each voting station's ballots recorded on the voting administrative workstation. The voter verifiable printed Proof of Vote that the voter has deposited into the ballot box before leaving the polling place. Accordingly, each ballot is securely stored in multiple locations and forms that can be readily cross-audited against each of the other ballot representations. AccuPoll’s technology eliminates any possibility of compromise because the electronic ballot count is fully auditable against the paper ballot count and vice-versa. The paper ballots themselves are produced in both machine and human readable form so that an optical scanner can be used to count ballots. If required, a full hand count may also be conducted. Furthermore, after a polling place closing, the local election officials will be asked to insert a blank write-once CDROM into the voting administrative workstation. A copy of the ballots stored on the voting station, or the voting administrative workstation, will be written onto the CDROM thereby creating an indelible and permanent record of the vote. The CDROM will also contain the full `XML' (Extensible Markup Language, a universal language for describing and exchanging data.) specification that was used to create the ballot, thereby ensuring that the voting data can be correctly interpreted at any time in the future, across a number of platforms.
Wrap-up: AccuPoll Holding Corp. offers “best of breed” technology and, as such, represents a tremendous growth 0pportunity. The Company’s patent-pending technology is superior to anything currently available in the market. Notably, AccuPoll’s DRE electronic voting systems offers more features and flexibility than any of its competitors AccuPoll has a lead on the competition, because barriers to entry, such as time to test and R & D expenses, are substantial. AccuPoll also has the advantage of being first to market, and as such, has developed brand recognition and a reputation as a leader in the field of electronic voting systems. AccuPoll holds a comprehensive US trademark, and is current in filing US Patent Office applications over key items of its electronic voting system, as it has taken steps to protect both its intellectual property and brand name in the marketplace. Strategic alliances with firms such as Electronic Data Systems, Unisys Corporation and Lexmark International, exemplify the quality of the Company’s partnerships and highlight the reliability of AccuPoll’s technology, systems and service capabilities. The Company’s relationship with the National Association of Secretaries of State, and its network of partners, alliances, and government affairs consultants, will help it achieve market penetration in the ten most populous States, that is, the States to first adopt new electronic voting systems. Lastly, AccuPoll’s state-of-the-art technology addresses government’s growing demand for improved voting technology, and meets all criteria, as defined by the Help America Vote Act of 2002 ("HAVA"). The fact that the Company has demonstrated its AccuPoll voting system to United States Representatives, Secretaries of State, State legislators and local election officials since September 2001, suggests that the Company is a front runner in contract negotiations to become a supplier to US electoral administrative bodies.
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