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Technology Stocks : Gemalto N.V.

GTOMY 28.11

+3.7%

Oct 15 5:00 PM EST

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From: JakeStraw	5/15/2014 9:28:23 AM
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Gemalto Receives Frost & Sullivan 2014 Award for Border Control and Biometrics gemalto.com According to Frost & Sullivan, the global border control and biometric market is expected to grow at a constant compound annual growth rate (CAGR) of 12 per cent from 2012 to 2021, to reach a value of $15 billion in 2021.1 Addressing this major global trend, Gemalto has introduced the Coesys Border and Visa Management solution to secure borders and simplify travel procedures. The Coesys Border and Visa Management end-to-end solution integrates platforms, software and services to enhance the security of border check points and reduce waiting times through automated verification of documents and border control systems. “Frost & Sullivan was looking for a company that not only had a vision for a high-quality total customer experience, but used those insights to achieve growth above the industry average,” commented David Frigstad, chairman of Frost & Sullivan. “Our market analysis of the Border Control and Biometrics sector highlights Gemalto’s expertise in delivering end-to-end solutions that meet the combined needs of securing borders and simplifying travel procedures at land, sea and airport check points.”

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