EyeLock will be looking to expand its customer base in India after forming a distribution agreement with IrisScanners. The arrangement gives IrisScanners the right to distribute EyeLock products in the country, and gives EyeLock access to the company’s existing network.
The two companies are planning to target emerging technology companies that want to integrate iris recognition into their own products and access control solutions. IrisScanners will focus primarily on the Indian market, though it will be able to sell EyeLock products to international companies that do most of their business in India.
EyeLock noted that COVID-19 has generated more interest in touchless authentication solutions like iris recognition, since there is a higher risk of spread with contact-based alternatives like fingerprint recognition. The IrisScanners agreement covers the entire EyeLock portfolio, including the nano iXT reader and the EyeLock ID solution for remote access control.
“This agreement will provide new revenue streams for EyeLock where demand for our technology is high,” said EyeLock CEO Jeff Carter. “IrisScanners’ proven history to engage at all levels in all verticals in India will give EyeLock an immediate strong position and is a perfect addition to EyeLock’s extensive global distribution channel.”
“Our long-term success in the biometric and physical security solutions market requires very visible brands with proven hardware and software solutions,” added IrisScanners Managing Director Ronak Jani. “Being able to offer Eyelock to our vast customer base will have a very positive impact on our future success.”
In July, EyeLock formed a similar distribution partnership with the Marubeni Corporation. That deal will focus on the Japanese market before expanding to other parts of Asia.
Since then, EyeLock has tried to make its technology more useful to customers during the pandemic. The company released a thermal screening add-on for the nano iXT reader in August, and followed that up with a mask detection feature a few months later.
February 17, 2021 – by Eric Weiss