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News Release from: Frost and Sullivan
Edited by the Electronicstalk Editorial
Team on 29 September 2006
Paper describes consumer biometric
advances
White paper focuses on how Sequiam Biometrics has effectively designed and developed innovative and affordable consumer focused biometric products.
The launch of innovative and affordable biometrically enabled products that enhance the convenience and security of consumer electronic devices is set to embrace the marketplace in a significant manner Historically, the adoption of biometrics has been concentrated on the government sector
This article was originally published on Electronicstalk on 28 Jul 2006 at 8.00am (UK)
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Since 2004, there has been a shift in the dynamics consumer markets.
Currently, this is being witnessed in the wireless and PC/network security application markets for select high-end products.
Leading PC manufacturers such as Lenovo, Toshiba and Hewlett Packard have introduced biometrically enabled laptops and notebooks.
On the wireless front, NTTDoCoMo and LG Electronics have launched biometrically enabled cellphones.
However, an exciting development in the marketplace is the emergence of biometric vendors that have launched products that are both affordable and innovative thus having the potential to penetrate the mainstream consumer market.
One of the companies at the forefront of this trend is Sequiam Biometrics (OTCBB - SQUM).
The company has trademarked its products as Consumer and Lifestyle Products (CLBs).
Frost and Sullivan has recently published a white paper that focuses on how Sequiam Biometrics has effectively designed and developed innovative and affordable consumer focused biometric products.
This ranges across verticals such as home security systems, financial, healthcare and the hospitality industry.
"Sequiam Biometrics vision is to transform a biometrically enabled security product into a convenience product for consumers", says Nicholas VandenBrekel, CEO of Sequiam Biometrics.
"Sequiam Biometrics foray into the consumer biometrics marketplace is a very encouraging step for the industry".
"Biometrics being inculcated into our everyday lives is a significant shift in the current dynamics of the market, heralding the value and benefits of convenient security solutions", says Sapna Capoor, Frost and Sullivan Industry Analyst.
The increasing incorporation of biometric technologies into consumer lifestyle products is set to enhance personal convenience and security in society.
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