Published on 22 July, 2016
|More than 1.5 million successful identifications are taking place each month with FST's IMID access system
FST Biometrics,a provider of biometric identification solutions, has announced that more than 1.5 million successful identifications are taking place each month around the world with its IMID access system.
In addition, the company announced that it has increased its customer base by 30% in the past 12 months from the financial, corporate, health and real estate markets.
“The feedback we have received from customers and customer prospects is astounding,” said Maj. General (Res.) Aharon Zeevi Farkash, FST’s founder and CEO. “Our technology now has market-proven scalability, with more than 1.5 Million monthly identifications taking place. We are ready for the coming period of aggressive growth.”
New product features
The last 12 months have also been a time of significant feature additions for IMID Access, FST’s core product. These new features have readied the product for the enterprise markets, and these large customers are already moving forward with implementations.
“The past 12 months have demonstrated that the demand for FST’s IMID system is robust around the world,” said Gary Fegel, founder of GMF Capital and FST's largest shareholder. “With FST’s outstanding management team, led by Aharon Zeevi Farkash, and the company’s strong board of directors, including former Israeli Prime Minister Ehud Barak and the incoming chairman Avi Naor, FST is poised to continue to grow significantly in the coming months.”