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Israel Diamond Exchange secured by FST Biometrics


FST Biometrics announced that Israel Diamond Exchange (IDE) has deployed its secure access solution at the entry point of its new polishing house.

FST’s In Motion Identification (IMID) technology combines facial recognition with body behavior biometric analytics technologies to provide a non-invasive and highly secure system.

The solution guarantees security for the IDE polishing house’s permanent staff and its hundreds of frequent visitors, while allowing them convenient, hands-free entry.

“We are delighted to have been selected by the Israel Diamond Exchange to service the secure access needs of its new state-of-the-art facility,” said Arie Melamed Yekel, CMO of FST Biometrics. “FST’s IMID Access is perfectly suited to provide the polishing house with critical security, without impeding the speed of operations.”

The polishing house, which is located outside of the IDE’s main campus, requires an access solution that fully secures the diamonds it processes daily, all without hindering the access speed of hundreds of staff and visitors.

IDE selected FST after it completed a rigorous trial period, in which the company’s IMID Access successfully passed all testing, and was subsequently piloted at International Diamond Week in April 2014.

Previously reported, FST Biometrics recently received a $15 million investment from GMF Capital, the investment group controlled and led by global investor Gary Fegel.

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