Wednesday April 19, 11:16 am Eastern Time
Company Press Release
SOURCE: International Biometric Group

International Biometric Group Announces Availability of Biometric Market Report 2000

NEW YORK--(BUSINESS WIRE)--April 19, 2000--International Biometric Group is pleased to announce the availability of its Biometric Market Report 2000, the most comprehensive analysis to date of the size, growth, and future trends of the biometric industry. This forty page report is essential for companies or agencies considering biometric solutions, information security professionals, investment researchers, corporate purchasers, and anyone looking for top-level information on the dynamic biometric market.

``With heightened security and privacy concerns both on and off the Internet, understanding the role of biometric technology as well as the current and future size of the biometric marketplace is essential for our Member financial institutions,'' said Chetan Patwardhan of Visa International. ``IBG's Biometric Market Report 2000 provides independent, key information on biometric vendors, technology, and the industry's projected growth segments.''

The total 1999 revenue for non-AFIS biometric vendors was $58.4 million. By 2003, that number is expected to increase to $594 million.

IBG's Biometric Market Report 2000 is packed with exclusive industry data, including:

• Revenue data on publicly and privately held biometric companies

• Revenue figures dating from 1998.

• Annual revenue projections by market segment through 2003.

• Annual revenues by biometric discipline.

• Analysis by market segment, including: PC/network access, financial, medical, physical access.

• Future trends in the biometric market.

• Biometric vendor company profiles.

• Biometric terminology and concepts.

• Analyses of finger, face, voice, iris, retina, hand, and signature biometrics.

Biometric technologies such as finger scan, iris recognition, and facial scan are rapidly gaining acceptance as secure, cost-effective replacement for passwords and PINs. With the release of IBG's Biometric Market Report 2000, detailed information on the biometric market is finally available.

``Response to our Report has been overwhelming,'' says Raj Nanavati, partner at International Biometric Group. ``We knew that there was a need for this type of comprehensive market report, but we didn't anticipate the magnitude of the demand. Clearly, there is a great deal of interest in biometrics, and IBG's Biometric Market Report 2000 is proving essential to an understanding of the past, present, and future of the biometric market.''

International Biometric Group's experience as the biometric industry's premiere integration and consulting firm gives it an insider's perspective on the technology, the vendors, the vertical markets, and the trends that have defined the industry since 1996. The Market Report 2000 is the result of not only months of research on the biometric market, but also years of experience at the center of the biometric industry.

IBG's Biometric Market Report 2000 is available online at http://www.biometricgroup.com/ for $5500. Call (888) 424-8424 for more information.

About International Biometric Group

International Biometric Group (IBG) is the leading biometric integration and consulting firm, addressing the identification and authentication needs of mid to large size organizations. IBG works on behalf of both private and government clients to evaluate, design and install biometric solutions for Internet applications, public sector programs, network security, point of sale authentication, physical access and time & attendance systems. IBG operates the BiometricStore, a high technology facility in New York City that allows companies to test and compare over fifty biometric systems. IBG also publishes leading industry reports including benchmark studies, consumer reports, and the Biometric Market Report 2000. Visit IBG online at http://www.biometricgroup.com/.

Contact:

International Biometric Group
Raj Nanavati
Partner
212-809-9491
Contact@biometricgroup.com