Frost & Sullivan Award Underlines IrisGuard's Product Quality Leadership

By Frost Sullivan, PRNE
Sunday, September 5, 2010

LONDON, September 6, 2010 - The 2010 Frost & Sullivan World Product Quality Leadership Award in
Biometrics is presented to IrisGuard Inc.

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

"IrisGuard uses its strong relationships and round-the-clock customer
care centers to gauge customer satisfaction," notes Frost & Sullivan Research
Analyst Archana Rao. "It also offers focused training to its clients on key
mechanisms and processes of its iris recognition systems. This has enabled
the company to remain ahead of its competition in terms of identifying market
needs and maintaining its outstanding product performance."

The high reliability of IrisGuard's brand is evident from its superior
offerings and installations within the critical government, transportation
and banking sectors. Numerous installations across branches and ATM
locations, such as the ones for the Cairo Amman Bank, have positioned
IrisGuard as a strong technology provider within the banking sector.
IrisGuard's solution has also been deployed since 2001 in the United Arab
Emirates
(UAE), which represented the world's first national border-crossing
security initiative.

"The company is recognised for its high-quality products; statistics
reveal that only a meager 1 to 2 cameras out of the 2000 to 3000 shipped
annually are returned, mainly due to accidental breakage, and none are
returned for design or performance faults," remarks Rao. "Moreover, their
products are highly reliable and accurate in large-scale installations,
performing high speed 1-to-millions matches."

Independent testing by International Biometrics Group in April 2009 on
IrisGuard's IG-AD100(R) Dual-Eye Iris Recognition Camera received Zero False
Match Rate (T-FMR) and Zero False Non Match Rate (T-FNMR) further positioning
IrisGuard's top score as a reflection of its exceptional reliability.
Billions of transactions every month and close to 40 trillion since its
inception underline the company's superior product design and capabilities.

"IrisGuard's superior reliability and performance come from accurate
designs, rigorous internal and operational testing and world-class United
Kingdom
-based manufacturing," adds Rao. "These processes are vital to ensure
product performance and reliability in the banking, financial and government
sectors where security is critical."

User friendliness, which is the key success criteria for biometrics, has
always been a constant focus area for IrisGuard. The ability of the systems
to automatically 'find' people's iris also enables the system to create
strong templates and therefore strong matches for the over 35 million people
using IrisGuard Inc.'s systems every year.

"Cameras automatically detect the iris and extract images for creating
strong templates," states Rao. "In addition, the cameras provide a truly
improved user experience as users are not required to remove their glasses
and contact lenses for authentication purposes."

IrisGuard has leveraged its strong reputation to gain access to the US
law enforcement market and the banking segment. To further enhance the value
that the company is bringing both at corporate and private levels, IrisGuard
is now finalising a new device that will introduce iris recognition to the
'home' banking sector and eventually even to retail.

The Product Quality Leadership Award is presented to the company that has
excelled in the following criteria: product performance, product reliability,
product design, product usability and perceived value.

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 Inc. is a leading provider of customer-focused IT Banking and
Homeland Security iris biometric 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.

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 40 offices on six continents. To join our Growth Partnership,
please visit www.awards.frost.com.

    Contact:
    Catherine Brassell
    Best Practices, Frost & Sullivan
    catherine.brassell@frost.com
    P: +44-207-915-7867

Catherine Brassell, Best Practices, of Frost & Sullivan, +44-207-915-7867, catherine.brassell at frost.com

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