Fingerprint biometrics.(Brief Article)
Information Systems Auditor, July, 2002
Frost & Sullivan names Bioscrypt Inc as the global leader in the rapidly growing market for fingerprint scanning biometrics.
Frost & Sullivan predicts industry revenues will grow five-fold from 2001 to 2003, reaching $185 million. By 2006, it forecasts industry revenues of more than US$700 million.
Industry Analyst for Biometrics and Smart Cards, Prianka Chopra, said "After a year of changing market dynamics in the biometrics industry, the commercial finger-scan biometrics market generated a new market leader in the year 2001, with 22% market share." Bioscrypt, a company formed in 2001 by the merger of Mytec Technologies Inc and Biometric Identification Inc, now has more than 30 000 fingerprint readers installed and has been active in the technology...
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