DUBAI, UAE and OSLO, NORWAY; 16 October 2016
Zwipe and Mawarid Technology today agreed a technical and commercial partnership that will see Zwipe’s full product portfolio of biometric authentication solutions being made available in the Middle East.
Zwipe is a global leader in biometric authentication technology. It develops and markets technology to verify a person’s identity through fingerprints. Today’s product portfolio includes access control, payments and government ID solutions.
Mawarid Technology is one of the UAE’s first homegrown technology platforms. The group offers high-value, customized systems with integrated IT solutions and services, security and technology systems integration and payment systems solutions and services capabilities to governmental organizations as well as private and public sector companies in the Middle East. It consists of three established and innovative enterprises: Falcon Eye Technology, TACME and QuickNet. Combined, the group enterprises have detailed understanding of business and technology infrastructure in the Middle East region.
“We are very excited to offer Zwipe’s innovative biometric solutions to the rapidly evolving Middle East technology market. Zwipe has easy to use and secure products, which will appeal strongly to our stakeholders. Having extensive experience and knowledge of the Middle East card market, we see Zwipe’s unique biometric solutions being quickly adopted and embraced by our customers,” said Mohamed Al Nuaimi, Chairman of Mawarid Technology. “We are ready to deploy Zwipe’s technology and provide a more diverse set of solutions to our prestigious clients within the government, oil and gas and private markets across the Middle East. Through our partnership with Zwipe, we believe we can deliver more value to our clients and equip them to succeed in today’s ever-shifting technology environment.”
Kim Kristian Humborstad, CEO of Zwipe, said:
“The Middle East, especially the GCC, is of high strategic importance to us, due to the size of the market, the growing demand for secure and convenient biometric solutions, as well as the sharp focus on new technologies within the region. We are pleased to have entered into partnership with Mawarid Technology. They will add value through their impressive network and deep understanding of the market dynamics.”