Integrated Biometrics Enjoys 50 Percent Year-Over-Year Revenue Growth

Biometrics News - Integrated Biometrics Enjoys 50 Percent Year-Over-Year Revenue Growth

Integrated Biometrics (IB) is celebrating a strong 2019 campaign after announcing that the company’s enjoyed 50 percent year-over-year revenue growth over 2018. According to the company, this is the third consecutive year in which Integrated Biometrics has posted such strong results.

“2019 was the latest in a string of years marked by very strong growth,” said Integrated Biometrics CEO Stephen Thies. “The sales achievements, the awards and the addition of key engineering and manufacturing professionals have helped us achieve these great results.”

The company’s 2019 highlights include new contracts in virtually every region around the globe, as well as a new arrangement with U.S. Customs and Border Protection (CBP). With the latter deal, CBP agreed to replace fingerprint scanners from an IB competitor with new devices from Integrated Biometrics. Inc. Magazine also selected Integrated Biometrics as one of the fastest-growing private companies in the United States.

Integrated Biometrics is best known for its FBI-certified fingerprint scanners, including the rugged Five-0 scanner and the Danno scanner that debuted earlier this year. The company doubled its manufacturing capacity in 2019 in an effort to meet the increased demand for its fingerprint technology, and is already off to a strong start in 2020 after teaming up with Iris ID to create a new multimodal handheld device.

January 28, 2020 – by Eric Weiss