MILPITAS, Calif. -- SecuGen Corporation today announced its ranking as the number one supplier of biometric fingerprint recognition systems for enhanced network authentication in Japan according to a recently published report by the Fuji Chimera Research Institute (FCR).
FCR published the "Network Security Market in Japan, 2002" report listing SecuGen as the leading supplier of biometric fingerprint recognition systems in Japan with a 21.5 percent market share based on units sold in 2001. Fingerprint biometrics dominates all other types of biometrics with an overwhelming 90 percent market share in Japan. Within fingerprint biometrics, sales of optical sensors far exceed those of semiconductor sensors. Consistent with accelerating demand in other parts of the world, FCR predicts that the Japanese fingerprint biometrics market will grow at 50 percent compound annual growth rate over the next 4 years.
"SecuGen is a leading provider of optical fingerprint biometric sensors and software worldwide," says Robert Kyle, CEO and president of SecuGen. "Enhanced network authentication is rapidly becoming a business requirement for government, healthcare, retail, communications, financial and manufacturing companies. Customers who implement SecuGen's fingerprint biometric solutions are realizing the benefits of increased security and user convenience in a cost effective solution for their organization."
"We established SecuGen Japan in 2000 and have grown rapidly, providing solutions in enhanced network authentication, time and attendance, and physical access control," says Shigetaka Akiba, CEO and president of SecuGen Japan Ltd. "Japanese customers are choosing SecuGen's optical sensor and software over semiconductor systems for their durability and accuracy in enrolling and authenticating individuals within a network. SecuGen is one of the only biometric companies today that manufactures a complete solution for customers by providing enterprise application software, the sensors and the algorithms."
About SecuGen
SecuGen Corporation provides biometric solutions for physical and network security employing the most advanced fingerprint recognition technology. The company invents, develops, manufactures and markets a complete line of patented optical fingerprint recognition sensors that, combined with a powerful, sophisticated algorithm, produce a product with the highest resolution and longest warranty in the industry. Businesses worldwide implement SecuGen's proven hardware and software products for Internet, enterprise network and desktop security, physical access control, time and attendance and medical record control applications. SecuGen's cost-effective products are sold as a complete solution, an OEM component, or integrated into ready-to-use PC peripherals such as optical mice, keyboards and a standalone desktop device. Partnerships with key network security software suppliers assure compatibility across multiple platforms and applications.
About Fuji Chimera Research Institute
Fuji Chimera Research Institute, Inc. (FCR) is an independent and experienced research institute in Japan, which originally started as Fuji Keizai, Co. Ltd. in 1962. FCR is a leading provider of industry and market information on Japan and industrialized and emerging economies throughout the world. FCR publishes market studies and monthly newsletters covering segments such as IT technologies, electronic devices and computers, materials, engineering, environment, energy, and audio/visual.
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CONTACT: Winnie Ahn of SecuGen Corporation, +1-408-942-3436, or wahn@secugen.com
Web site: http://www.secugen.com/
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