Union Community Co. Ltd. has newly developed its iris recognition terminals (UBio-X Iris) that can recognise IRIS at a distance of 50cm. Sales are expected to increase this year with the launch of contactless new products such as face recognition devices. Amid the on-going COVID-19 crisis, the demand for the non-contact biometric method is growing popular and biometric recognition solutions firm, Union Community has announced to launch an iris recognition system on the 12th of May, 2020. UBio-X Iris, iris recognition system Union Community's iris recognition system "UBio-X Iris" is equipped with an auto tilting function, which automatically finds iris at a distance of up to 50 cm and quickly authenticates it. It is expected that it will be spotlighted in medical facilities, airports, and commercial facilities where there is a high risk of infection due to the large floating population by eliminating the rejection of the iris scanner. Multimodal iris and fingerprint recognition In particular, security and convenience have been further strengthened with the "multimodal type" product, which enables not only iris authentication but also the multi-modal authentication of iris and fingerprints, to differentiate it from existing companies’ products. It is also equipped with a high-performance iris recognition algorithm that enables 20,000 iris authentications within a second. Contactless biometric recognition solutions Union Community expects a significant increase in sales with the launch of the iris recognition system this year As the demand for contactless biometric recognition has expanded in the global market, Union Community expects a significant increase in sales with the launch of the iris recognition system this year. There has been a steady request for iris products in major exporting areas such as the Middle East Region. Unlike facial recognition, the introduction of an iris recognition system is accelerating, focusing on public institutions and others, given that recognition can be accurate and fast even if using hijab. Rising demand for iris-recognition products In addition, in case of iris distinction, even twins are also knowledgeable and even after plastic surgery, there is no problem with authentication. Union Community is planning to speed up the release of iris-recognition products, which were scheduled to be released in the second half of this year, and strengthen its promotion. Biometric recognition systems Shin Yo-sik (Yoshik Shin), CEO of Union Community, said, "Based on our know-how that has been developing and selling biometric recognition systems for the past 20 years, we have established an integrated biometric recognition system that encompasses iris, face, and fingerprints as of this year.” Shin Yo-sik adds, “We will expand our demand for non-contact products around the world and plan to increase sales by strengthening non-face-face-face-face biometric products and security solutions."
UNION COMMUNITY Co. Ltd., a globally renowned biometrics technology company listed on KOSDAQ, has announced that the contactless biometric products such as the face and iris recognition have increased its export rates since the COVID-19 spreading rapidly around the world. More specifically, UNION COMMUNITY said both inquiries and sales of face and iris recognition products had been rapidly increased significantly in the export area of the Middle East since February. Contactless security systems Nowadays, as the spread of the COVID-19, which has increased with more than 20,000 infected people in the Middle East, demand for contactless security systems is expected to continue in the second quarter. Egyptian government makes efforts to replace its attendance system with face recognition terminal to prevent the spread of COVID-19. Orders and sales are highly increasing by over 400% compared to the first half of the previous year. Saudi Arabia exceeded last year's quarterly order rate in March. Sales expectations are to be over 200% in the second quarter of this year while attention and inquiries about face recognition products have been on the rise owing to COVID-19. Iris recognition products UNION COMMUNITY plans to advance the release of iris-recognition products, which were to be released later Along with significant growth of facial recognition product sales, Iris recognition products have drawn a huge increase due to its cultural (hijabi) match with Middle East cultures for countries such as Qatar. UNION COMMUNITY plans to advance the release of iris-recognition products, which were scheduled to be released in the second half of the year. It plans to accelerate the advance pre-promotion of new face-recognition products that are scheduled to be released in the first half of the year. UBio-X Pro2 deep learning facial recognition UBio-X Pro2 is equipped with a deep learning algorithm and recognises faces at a distance of up to 3 meters. It supports cutting edge biometric techs (Face & fingerprint access control, time and attendance) aligned with liveness detection and anti-spoofing function. It is expected to cover a large area including airports, offices, construction sites, home security and more. UNION COMMUNITY CEO, Yoshik Shin said, “In terms of hygiene and convenience, contactless biometric products are highly preferred. Recently, sales in the Middle East and Asia have been increasing along with the COVID-19 issue and this trend of increasing demand for contactless products is expected to expand worldwide. To pave the way for the upcoming trend, we are planning to advance the sales by accelerating the development of new products and activating promotions.”
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