Integrated Biometrics reports 50% revenue growth, multiple partnerships, awards
Integrated Biometrics has registered over 50 percent year-over-year sales revenue growth in 2019, the third consecutive year to display significant growth, the company announced.
“2019 was indeed a banner year for us…the latest in a string of years marked by very strong growth,” said Stephen Thies, Chief Executive Officer of Integrated Biometrics. “The sales achievements, the awards and the addition of key engineering and manufacturing professionals to our team have helped us achieve these great results. We expect 2020 to be even more exciting.”
In 2019, Integrated Biometrics expanded customer portfolio with a number of companies in Europe, Africa, Asia and Latin America, as well as signed a contract with the U.S. Customs and Border Protection Agency (CBP).
In April, CBP purchased 5,000 Kojak livescan FAP 60 10-fingerprint scanners from Integrated Biometrics to secure the country’s ports of entry. Later in June, IB opened its first South African office and named founding partner Jim Seaborn Vice President of Business Development for Africa and the Middle East.
Inc. Magazine named Integrated Biometrics one of the fastest-growing private companies in the U.S., and Capital Corporation included IB among the Top 25 fastest-growing companies in the State of South Carolina.
Integrated Biometrics’ Five-0 remains a top seller globally, the company says. Not only was 2019 marked by management changes, but IB says it doubled manufacturing capacity following extensive global demand.
At ID4Africa last year, IB presented Danno, a new product in its low-power LES-based fingerprint scanners line. Weighing in at less than 25 grams and just 7mm thick, Danno is the world’s smallest FAP-30, FBI-certified sensor. The scanner has already been integrated with a number of multi-modal mobile biometric enrollment and identification products designed for border control, voter ID and law enforcement.
biometric identification | biometrics | financial results | fingerprint scanners | Integrated Biometrics