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Frost & Sullivan Honours Cognitec For Blazing Trails In The Face Biometrics Market With Its FaceVACS-VideoScan Technology

"Cognitec's superior capabilities in facial biometrics have allowed it to emerge as the vendor of choice for large governmental and security agencies across the globe," noted Ravi. "The company's solutions also hold significant potential in newer applications such as the banking and retail sectors."

Each year, Frost & Sullivan presents this award to a company that has demonstrated excellence in implementing strategies that proactively create value for its customers with a focus on improving the return on the investment that customers make in its services or products. The award recognizes the company's inordinate focus on enhancing the value that its customers receive, beyond simply good customer service, leading to improved customer retention and ultimately customer base expansion.

Frost & Sullivan's Best Practices Awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research in order to identify best practices in the industry.

About Cognitec Systems GmbH

Established in 2002, Cognitec is a Germany-based company specializing in advanced face recognition technologies. The company develops high-end software solutions for biometrics that help customers in the government, security, banking, and retail sectors to identify faces and compare them with images from large databases, all in a matter of seconds. Leveraging its experience of more than a decade in the face biometrics market, along with its highly skilled and professional team of software engineers and scientists, Cognitec continuously strives to introduce new and improved technologies to the market. In addition to image acquisition and scanning solutions, the company also offers an advanced video scanning technology that extends Cognitec's capabilities to additional application areas, such as crowd management, people flow, operations, and marketing applications.

Elke ObergMarketing Manager www.cognitec.com oberg@cognitec.comPhone: +49-351-862-9214

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.

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