13/03-09   -   Press releases

Frost & Sullivan Award Reinforces IrisGuards Outstanding Entrepreneurial Ability

The "2009 World Iris Recognition Entrepreneurial Company of the Year Award," is presented to IrisGuard Inc. (IrisGuard) in recognition of its unique iris recognition technologies.

"The company´s focus on R&D, design and manufacture of exceptional iris recognition products promise to meet the ever-increasing security needs of different industries," notes Frost & Sullivan Research Manager Matia Grossi. "Strong technological and product innovation have successfully positioned IrisGuard as a leading specialist in iris recognition solutions worldwide."

The company is known internationally for its technologically advanced products such as the Iris Detainee System, National Registrar Database, Iris Expellee Tracking System (IETS), iBank Suite®, Iris Farm Architecture® (IFA), IG-H100®, IG-AD100® and the EyeCon® Personal Camera Systems. These technological innovations differentiate IrisGuard from its nearest competitors.

Built on the proven IrisGuard technology platform, the IG-AD100® enhanced camera system offers users a new exhilarating experience in personal identity. The advanced and fast dual eye acquisition environment provides greater ease of use, significantly improved expandability, improved usability, accuracy and reliability. The company manufactures the world´s most accurate iris recognition camera system, the IrisGuard IG-H100® and IG-AD100®. These products have been successfully deployed worldwide for obtaining accurate iris images under challenging light conditions.

The company´s landmark banking solution, iBank Suite®, is a large-scale iris biometric security solution which secures teller positions, ATMs and remote terminals in banks. IrisGuard´s IETS has been one of the most effective products in the market. The database against which all in-bound visitors are checked is a ´negative watch-list´ of persons who are denied entry for a variety of reasons and represents the world´s first deployment of its type.

Time-to-market is a key to IrisGuard´s business strategy and the company prides itself in identifying trends, developing cost-effective solutions and improved products and services that meet customers´ ever changing requirements.

For instance, the world´s first, most searched, and largest iris recognition solution for Homeland Security, was launched in the United Arab Emirates (UAE) in 2001. The company also made history in 2008, becoming the first to deploy real-time iris recognition solutions for banks, such as for the Cairo Amman Bank.

The company offers outstanding round-the-clock 24/7/52 customer care which forms an integral part of the company´s value proposition. The organisation also provides consultancy services to governments and enterprises, in order to meet their ever-increasing security needs.

Suchismita Das, Research Analyst at Frost & Sullivan comments on the company saying "IrisGuard is a key innovator in the iris biometric market, worldwide. The company´s products, technologies and customer care simply put it a leap forward to its competitors".

Frost & Sullivan´s Entrepreneurial Company of the Year Award is given to a small, emerging technology company with a vision that has enabled it to nurture the development of a key technology, and also allowed it to grow despite the inherent odds confronting small companies. This Award signifies recognition of the company´s identification of a unique or bold product or service solution with significant market potential, and then successfully meeting the challenges that are associated with bringing it to the market.

Frost & Sullivan Best Practices Awards recognise companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research in order to identify best practices in the industry.

About IrisGuard Inc.

IrisGuard is a leading provider of customer-focused IT Banking and Homeland Security iris comprehensive solutions focused on managing human identity requirements. The company supports its customers and system integrators in building large-scale iris solutions using custom-designed iris cameras that ensure unequalled performance, scalability and accuracy in addition to pristine next generation iris algorithms and robust, highly reliable architecture designed to meet tomorrow´s most stringent demands.

IrisGuard´s offices are located in the UK, Switzerland, Jordan and UAE.

Learn more at http://www.irisguard.com

IrisGuard Inc. Contact:

Joe O´Carroll
Vice President
IrisGuard Inc.
Geneva, Switzerland
Phone: +41 79 213 76 44
E-Mail: jcarroll@irisguard.com

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best in class positions in growth, innovation and leadership. The company´s Growth Partnership Service provides the CEO and the CEO´s Growth Team with disciplined research and best practice models to drive the generation, evaluation and implementation of powerful growth strategies. Frost & Sullivan leverages over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from 31 offices on six continents. To join our Growth Partnership, please visit http://www.frost.com.

Frost & Sullivan Contact:

Jasmine Malone – Promotions Coordinator
Phone: 0044 207 915 7869
E-Mail:jasmine.malone@frost.com