Frost & Sullivan Award Reinforces IrisGuard’s Outstanding Entrepreneurial Ability

LONDON - 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.

(Logo: www.newscom.com/cgi-bin/prnh/20081117/FSLOGO)

“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(R), Iris Farm
Architecture(R) (IFA), IG-H100(R), IG-AD100(R) and the EyeCon(R) Personal
Camera Systems. These technological innovations differentiate IrisGuard from
its nearest competitors.

Built on the proven IrisGuard technology platform, the IG-AD100(R)
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(R) and
IG-AD100(R). These products have been successfully deployed worldwide for
obtaining accurate iris images under challenging light conditions.

The company’s landmark banking solution, iBank Suite(R), 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 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

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Frost & Sullivan Contact:
Jasmine Malone - Promotions Coordinator
Phone: +44-207-915-7869
E-Mail: jasmine.malone@frost.com

Source: Frost & Sullivan

Joe O’Carroll, Vice President of IrisGuard Inc., +41-79-213-76-44, jcarroll at irisguard.com; or Jasmine Malone, Promotions Coordinator of Frost & Sullivan, +44-207-915-7869, jasmine.malone at frost.com. Photo: https://www.newscom.com/cgi-bin/prnh/20081117/FSLOGO