Financial Daily from THE HINDU group of publications
Saturday, Dec 27, 2003
Financial Daily from THE HINDU group of publications Saturday, Dec 27, 2003 |
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Marketing
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New Products & Services Info-Tech - Security Bartronics unveils biometric products Our Bureau
Hyderabad , Dec. 26 BARTRONICS India Ltd (BIL), an automatic identification and data collection (AIDC) solution provider, on Friday launched a multi-layered embedded fused biometric security system (MLEFBS) and a touchless fingerprint system (TFPS) that use multiple biometric features for identification purposes. According to Mr Sudhir Rao, Managing Director, MLEFBS offers a solution for authentication, authorisation, verification and identification management. It provides integrated support for smart cards, tokens and biometric (voice, iris, vein, face, hand, fingerprint and signature) identifiers. On the other hand, TFPS incorporates a contact-less finger print sensor that overcomes the drawbacks of existing fingerprint scanners. Mr Rao told newspersons that BIL had recently tied up with the Singapore-based emBiosys Pte Ltd for introduction of fused biometric systems in the Indian market. The company has already received enquiries from various quarters including the Defence, the Home Ministry and airports for installation of the systems that would cost Rs 4-5 lakh each. BIL is currently implementing its biometric applications at the Sri Venkateswara temple at Tirumala. The company has a two-year contract with the Tirumala Tirupati Devasthanams Trust Board for providing the services at a rate of Rs 1.5 crore per year. With an estimated 40,000 pilgrims visiting the Tirumala shrine every day, this is claimed to be the largest biometric application in the world. Mr Rao said that the market for AIDC in the country is estimated to be Rs 60 crore and is growing at a rate of 20 per cent per annum over the past four years. BIL has a 25 per cent share in this market, while the rest of the market was widely fragmented among many players. About 80 per cent of the top 100 companies in the country are its clients.
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