May 31, 2016 -
Digital identity and business solutions company IRIS Corporation has won an $84M USD contract from the Senegal government to produce and supply 10 million new multi-application biometric identity cards based on contactless chip technology and 10 fingerprint biometry over the next five years, according to a report by The Star Online.
In a filing with Bursa Malaysia earlier this week, the company made this statement: “The contract is expected to contribute positively to Iris’ earnings for the financial year ending March 31, 2017 (FY17) and the FYs thereafter.”
The total contract price will be divided into five annual payments.
Last December, IRIS Corporation secured a US$22 million contract to provide the next-generation ICAO compliant ePassports with biometrics technology to the government of Solomon Islands.