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eGlobal (Beijing) Limited is a ‘high tech’ company that is focused on the rapidly expanding market of Biometric Security Systems that are typically used in access control scenarios. The company’s main focus over the last five years has been based around its own patented ‘Irispass Identification Security System’ (IISS). This has involved the research and development, software application and integration of such systems. The Company is now entering the full commercialisation stage with a number of systems successfully installed in China. The Company is now seeking funding to capitalize on its market leadership position in China and undertake a number of large prestigious projects, both at home and overseas.
The original parent company, eGlobal International Pty Ltd, was founded in Brisbane, Australia, in June 1999. It rapidly became a major player in the IT Security market, listing on the Australian Stock Exchange in February 2001. Rapid business growth led to eGlobal becoming one of the largest players in the Australian Security space with expertise in all forms of IT and Internet security. Chinese Offices were opened in Beijing, Shenzhen and Shenyang with large projects in the smart card technology arena. In the ensuing years, eGlobal Beijing Ltd became the market leader in China with this technology and has developed a strong reputation in this niche, yet rapidly expanding market sector.
In late 2005 a management buyout of the Chinese operations were undertaken by Limin Song and eGlobal (Beijing) Ltd became an autonomous company.
Biometric identification has clearly created a huge market potential in China. As the Iris Access market leaders in China, eGlobal (Beijing) has customized its sales and marketing goals to develop products and services suited to this fast growing market. According to current forecasts, there could be demand for up to 27,000 iris security recognition systems in China over the next 4 years. These systems would be required in a range of facilities such as banks, airports, jails, money-printing plants in 2010.
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