Bioscrypt Named Global Market Leader for Biometric Physical Access Control Readers
TORONTO - Bioscrypt Inc. (TSX: BYT), a leading provider of enterprise access control technology, today announced it was named the market leader for biometric physical access control readers by IMS Research. IMS Research found in its 2007 report, "The World Market For Electronic Physical Access Control Equipment", that Bioscrypt is the largest supplier of biometric readers. Bioscrypt is also the market leader for biometric readers in the Americas market in 2006, with 21.5% of the market share, IMS found in the 2007 edition of its "The Americas Market for Electronic Physical Access Control Equipment" report. "Governmental, commercial, financial, and healthcare organizations are increasingly turning to Bioscrypt's award-winning technology to secure their facilities from intruders," said Bioscrypt President & CEO Robert Douglas. "Bioscrypt's Veri-Series fingerprint readers and VisionAccess 3D Face Reader can not only authenticate employees at the door, they can help organizations achieve a convergedentity solution for physical and logical access by leveraging our enterprise access control platform." IMS Research is a leading market research provider to the global electronics industry. About Bioscrypt Inc. Bioscrypt is an enterprise access control solution provider, enabling the unification of physical and logical access with its Door to Desktop(R) products. Bioscrypt's hardware and software solutions deliver strong authentication processes to facilities, equipment, IT networks and computer applications and allow organizations to administer unifiedentities across the enterprise. Building on its proven expertise in biometric technology and its unique multi-factor authentication platform, Bioscrypt integrates all major secure authentication standards, transforming how organizations are bridging the gap between physical and logical access to create secure working environments. More information is available at www.bioscrypt.com. For further information: Laura Slater, High Road Communications Phone: (613) 688-1192 Email: lslater@highroad.com Matthew Bogart, Bioscrypt Inc.Phone: (905) 940-7771Email: matthew.bogart@bioscrypt.comForward-looking (safe harbour) statement Statements made in this news release that relate to future plans, events or performances are forward-looking statements. Any statement containing words such as "believes", "plans", "expects" or "intends" and other st atemen ts which are not historical facts contained in this release are forward-looking, and these statements involve risks and uncertainties and are based on current expectations. Consequently, actual results could differ materially from the expectations expressed in these forward-looking statements. Bioscrypt and Door to Desktop(R) are registered trademarks and Veri-Series and VeriSoft are trademarks of Bioscrypt Inc. All other product and company names mentioned are the property of their respective owners and are mentioned forentification purposes only.
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