R&D expertise builds brand globally ( 26/02/2004 )
  
 
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Titanium Technology CEO Johnny Ng has earned international recognition for his innovative security solutions

 
Hong Kong's sophisticated R&D capabilities are helping local company Titanium Technology become a global leader in the biometrics industry.

The company's expertise in face recognition technology puts it at the cutting edge of the rapidly expanding digital identification and information security market. Titanium solutions have already been implemented at various high-security sites across the world, including the US, Japan, Australia and the Chinese mainland.

"Titanium is committed to sharing responsibility for protecting homeland security and implementing anti-terrorist strategies globally," chairman and CEO of Titanium Technology Group Johnny Ng said.

"Our aim is to be a role model of R&D enterprise with real/core technology. We started with only a small capital investment but with the benefit of local technology talent, can continuously improve our capability to deliver innovative security solutions.

"At the same time, the company focus is to build our brand name globally through products proudly bearing the hallmark 'R&D in Hong Kong'."

International recognition

Titanium earned international kudos last year as a finalist in the security infrastructure category of PC Magazine's Best of Comdex Las Vegas 2003 Award. It received a Certificate of Merit for technological achievement in the Hong Kong Awards for Industry, and company head Dr Ng was named the American Chamber of Commerce Innovative Entrepreneur of the Year 2003.

Dr Ng said face recognition is expected to form a significant part of the global biometrics market - an industry estimated to be worth HK$4.7 billion (US$601 million) in 2003, and tipped to grow to nearly HK$31.4 billion (US$4.04 billion) in annual sales by 2007.

"Because of face recognition's unique ability to perform surveillance, as well as the fact that facial images are acquired as part of nearly every document and ID issuance process, face recognition stands to benefit from post 9/11 deployment decisions," he said.

"Face recognition technology is expected to grow rapidly as customers deploy it for criminal and civil identification applications, including surveillance and screening, in 2004."

In order to further build the Titanium brand, the company plans to partner with leading international players to distribute its products, and initiate collaborative research projects with major universities around the globe.

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