OSLO, NORWAY; AUSTIN and CONCORDVILLE, USA;?LIMOGES, FRANCE - 25 November 2021
- Zwipe, a Norway-based biometric fintech, is proud to announce the launch of a
two-factor authentication solution for access control based on its biometric
authentication technology platform. The global access control market is valued
at USD 7.65 billion and is expected to reach USD 11.7 billion by 2026 (1).
Entering the access control market, Zwipe announces collaborations with several
well-known companies in the security industry; notably HID Global, an ASSA ABLOY
Group brand and a worldwide leader in trusted identity solutions, LeGrand, the
global specialist in high-value-added products and solutions for commercial,
residential, and industrial buildings, and Southco, the leading global designer
and manufacturer of engineered access solutions. The coalition will bring a
highly advanced, cost-effective, biometric authentication solution to market.
The full capability of Zwipe's biometric card operates with existing access
control systems thereby removing the need to make any time-consuming and costly
adjustments to existing access control infrastructure.
The complete solution will be demonstrated for the first time at TRUSTECH in
Paris, on Zwipe's booth, from 30 November 2021.
Commenting on this breakthrough, André Løvestam, CEO of Zwipe, said "Thanks
to Zwipe's advanced biometric authentication technology platform, Zwipe is ready
to move into adjacent markets, starting with Access Control. We see a real need
for much stronger access control solutions and are confident that our biometric
card solution will address many security concerns in this space. We are
particularly proud to partner with such distinguished companies and we look
forward to adding significant value to this sector with our solution. I am
convinced Access Control and ID will be a significant business line for Zwipe
going forward, adding to our profitable growth and long-term value creation."
The customer project has started with Raritan (the data center expert company
with worldwide references and a subsidiary of LeGrand), focusing on the joint
development of a highly secure solution based on Zwipe's biometric card
technology that delivers a new level of secure access for data center
cabinets.
Raritan's CTO, Swen Anderson, commented "It was crucial that we developed a
product that allowed us to deploy the latest in biometric technology without
having to make any infrastructure changes. Zwipe has provided us with the
opportunity to leverage their leading technology platform to create a new
product that delivers a level of security for data center access control that is
unique within our industry."
"Thanks to this excellent cooperation based on real use cases, the full
integrity of our biometric card solution has been successfully demonstrated for
new areas of application. Our biometric authentication technology platform
provides world-class security and we are excited that it can be integrated
seamlessly with physical and logical access control solutions. We believe
innovations like biometric access control and ID management will be highly
sought after," says Christian Vaas, Zwipe's Vice President ID-Solutions & Access
Control.
(1): Global Access Control Market | 2021 - 26 | Industry Share, Size, Growth -
Mordor Intelligence (https://www.mordorintelligence.com/industry-reports/global
-access-control-market-industry)
For further information please contact: André Løvestam, CEO, +47 991 66
135 info@zwipe.com
###
About HID Global
HID Global powers the trusted identities of the world's people, places and
things. We make it possible for people to transact safely, work productively and
travel freely. Our trusted identity solutions give people convenient access to
physical and digital places and connect things that can be identified, verified
and tracked digitally. Millions of people around the world use HID products and
services to navigate their everyday lives, and billions of things are connected
through HID technology. We work with governments, educational institutions,
hospitals, financial institutions, industrial businesses and some of the most
innovative companies on the planet.
Headquartered in Austin, Texas, HID Global has over 4,000 employees worldwide
and operates international offices that support more than 100 countries. HID
Global is an ASSA ABLOY Group brand. For more information,
visit www.hidglobal.com.
About Legrand
Legrand is the global specialist in electrical and digital building
infrastructures. Its comprehensive offering of solutions for
commercial, industrial and residential markets makes it a benchmark for
customers worldwide. The Group harnesses technological and societal trends with
lasting impacts on buildings with the purpose of improving life by transforming
the spaces where people live, work and meet with electrical, digital
infrastructures and connected solutions that are simple, innovative and
sustainable. Drawing on an approach that involves all teams and stakeholders,
Legrand is pursuing its strategy of profitable and sustainable growth driven by
acquisitions and innovation, with a steady flow of new offerings-including
Eliot* connected products with enhanced value in use. Legrand reported sales of
Euro 6.1 billion in 2020. The company is listed on Euronext Paris and is notably a
component stock of the CAC 40 and CAC 40 ESG indexes. (code ISIN
FR0010307819) www.legrandgroup.com
About Southco
Southco, Inc. is the leading global designer and manufacturer of engineered
access solutions. For over 70 years, Southco has helped the world's most
recognized brands create value for their customers with unrivalled engineering
resources and innovative products. Southco's data center solutions provide
access control and monitoring at the rack level, providing a complete,
comprehensive security system to control, monitor and track equipment that
stores sensitive data.
To learn more,
visit www.southco.com and www.southco.com (https://southco.com/en_us_int/data
-center) for our Data Center mini-site.
For further information,
please contact: Natalie Brannelly nbrannelly@southco.com
About Zwipe
Zwipe believes the inherent uniqueness of every person is the key to a safer
future. We work with great passion across networks of international
organizations, industries & cultures to make convenience safe & secure. We are
pioneering biometric payment card and wearables technology, and biometric
technology for physical & logical access control and identification solutions.
We promise our customers and partners deep insight and frictionless solutions,
ensuring a seamless user experience with our innovative biometric products and
services. Zwipe is headquartered in Oslo, Norway, with a global presence.
To learn more, visit zwipe.com