Monday September 23, 8:24 am Eastern Time
Press Release
SOURCE: International Biometric Group

International Biometric Group Releases Biometric Market Report 2003-2007; Industry Revenues Projected to Exceed $4 Billion in 2007

Highlights include annual revenue projections from 2002 through 2007 for the 9 leading biometric technologies, the 7 leading biometric applications, and the 5 leading biometric verticals. Each market segment features in-depth analysis of growth drivers and inhibitors, leading vendors and technologies, and critical deployments. In addition, the Report includes exclusive research on the biometric industry's "Top 20" vendors.

    Among the Report's high-level findings are the following:
     -- Global 2002 industry revenues of $600m are expected to reach $4.04b by
        2007, driven by large-scale public sector biometric deployments, the
        emergence of transactional revenue models, and the adoption of
        standardized biometric infrastructures and data formats.

     -- Fingerprint-based technologies accounted for $467m of 2002 industry
        revenues, far and away the largest technology segment.  This growth is
        attributable to the wide range of applications in which fingerprint-
        based solutions operate effectively.  Among emerging biometric
        technologies, Facial-Scan and Middleware are projected to reach $200m
        and $215m, respectively, in annual revenues in 2005.  Iris-Scan is
        projected to reach $210m in annual revenue in 2007.

     -- Civil ID and PC / Network Access will be the leading biometric
        applications over the next five years, expected to account for nearly
        $2b in combined annual revenues in 2007.  Physical Access / Time and
        Attendance will reach $245m in annual revenues by 2004, with
        Surveillance and Screening applications projected to reach $49m in
        annual revenue in 2004.

     -- Government Sector will be the leading biometric vertical market
        through 2007 with $1.2b in annual revenues.  Financial Sector and
        Travel and Transportation follow with $672m and $556m, respectively,
        in 2007.  The various scenarios in which government agencies must
        identify and authenticate both citizens and employees, particularly
        subsequent to 9/11, is a critical growth factor.

Biometric Market Report 2003-2007 is written by biometric professionals with years of hands-on experience with all leading biometric technologies. IBG's real-world understanding of biometric systems, deployment environments, and market drivers provides unparalleled industry insight to Report purchasers.

Report length: 270 pages, 85 figures and charts

A top line media overview can be obtained by contacting Jacqueline Lucas at Contact@biometricgroup.com or (212) 809-9491.

About International Biometric Group

International Biometric Group is the leading biometric integration and consulting firm, addressing the identification and authentication needs of mid- to large-sized organizations. IBG works on behalf of both private and government clients to evaluate, design, and integrate biometric solutions for Internet applications, public sector programs, network security, point of sale applications, physical access, and smart card systems. Learn more at http://www.biometricgroup.com .

CONTACT: Jacqueline Lucas, International Biometric Group, PH: 212-809-9491. http://www.biometricgroup.com Contact@biometricgroup.com.