Daon Wins the 2005 Frost & Sullivan Emerging Company Award.WASHINGTON -- Frost & Sullivan's recent analysis selected Daon as the recipient of the 2005 Emerging Company Award for its leadership status, high quality products and services and technology expertise in the identity assurance industry. Each year this Award is given to a company that has a unique and revolutionary product solution with significant market potential. Additionally the Award certifies that a company's marketing strategy is sound and poised for success. "Daon owes its success to its unique identity assurance technology and sustained key project wins in the expanding North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. biometrics market while creating strong positions in other regions around the world where emerging identity programs are expected to drive similar market growth," says Frost and Sullivan Industry Analyst Sapna Capoor. "In addition, continuous development of its marketing channels and commitment to the growth of the biometric industry at large has placed the company in a strong position for the future. Frost & Sullivan finds Daon to be a very worthy recipient that meets our stringent requirements for this award." "We are honored to be recognized by Frost & Sullivan for such a prestigious award. An Award like this one demonstrates the value of our offering to governments and commercial organizations globally and shows our existing customers that they have made the right decision in choosing Daon," says Tom Grissen, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , Daon. Daon has retained its pole position pole position Noun 1. (in motor racing) the starting position on the inside of the front row, generally considered the best one 2. an advantageous starting position Noun 1. in the identity assurance marketplace by its participation in numerous high profile identity management programs including the following: Unisys was awarded the Registered Traveler The Registered Traveler Pilot Program is an airline passenger security assessment system that was tested in the United States air travel industry in 2005. It was used in several U.S. program by the Transportation Security Administration (TSA TSA See tax-sheltered annuity (TSA). ) in 2004. Daon, as a primary sub-contractor, was selected to provide the core identity management software and identity assurance expertise to the team. In a separate registered traveler program Daon has provided its support to the Verified Identity Pass, Inc. (VIP) and Lockheed Martin For the former company, see . Lockheed Martin (NYSE: LMT) is a leading multinational aerospace manufacturer and advanced technology company formed in 1995 by the merger of Lockheed Corporation with Martin Marietta. team in an initial deployment to Orlando airport. These represent the first large-scale introductions of biometric technology to the U.S. traveling public. BearingPoint Inc. was awarded Phase III Noun 1. phase III - a large clinical trial of a treatment or drug that in phase I and phase II has been shown to be efficacious with tolerable side effects; after successful conclusion of these clinical trials it will receive formal approval from the FDA of the TSA's Transportation Worker Identification Credential The Transportation Worker Identification Credential (or TWIC) program is a Transportation Security Administration and U.S. Coast Guard initiative in the United States. (TWIC TWIC Transportation Worker Identification Credential (US Transportation Security Administration) TWIC This Week In Chess TWIC This Week in Common (Earlham School of Religion) TWIC Transportation Worker Identity Card ) program in November 2004. Daon teamed with BearingPoint and acts as a sub-contractor providing the core biographic and biometric software and custom integration services to the team. TWIC-Phase III is expected to support the enrollment of over 75,000 transportation workers in this pilot phase, with the national roll-out in the next phase eventually totaling more than 12 million enrollees. Daon has also been selected to provide the core biometric identity assurance software to support the Australian Department of Immigration immigration, entrance of a person (an alien) into a new country for the purpose of establishing permanent residence. Motives for immigration, like those for migration generally, are often economic, although religious or political factors may be very important. and Multicultural and Indigenous Affairs (DIMIA DIMIA Department of Immigration & Multicultural & Indigenous Affairs (Australia) ) in operational biometric trials in the areas of Immigration and Border Management. The trial is scheduled for completion in April 2006 and will inform a broader joint initiative to develop an integrated approach for the use of biometrics technology for immigration and border management. As this critical identity assurance marketplace emerges, Daon continues to play a pivotal role in its commitment to the biometrics industry through its work in standards efforts both in the Americas and in Europe and also in establishing and chairing the European Biometrics Forum in 2003. About Frost & Sullivan Frost & Sullivan, a global growth consulting company Noun 1. consulting company - a firm of experts providing professional advice to an organization for a fee consulting firm business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a , has been partnering with clients to support the development of innovative strategies for more than 40 years. The company's industry expertise integrates growth consulting, growth partnership services, and corporate management training to identify and develop opportunities. Frost & Sullivan serves an extensive clientele that includes Global 1000 companies, emerging companies, and the investment community by providing comprehensive industry coverage that reflects a unique global perspective and combines ongoing analysis of markets, technologies, econometrics, and demographics. For more information, visit http://www.frost.com. About Daon Daon is a leading provider of identity assurance software products focused on meeting the needs of governments and commercial organizations worldwide. Daon supports customers and system integrators in building enterprise solutions requiring the highest level of security, performance, scalability, reliability and privacy. Daon's multi-modal authentication infrastructure, DaonEngine, integrates seamlessly with IT platforms and applications, manages the identity life-cycle of small and large populations and delivers a clear return-on-investment. Privately held, Daon's offices are located in Washington DC, London and Dublin. For further information please visit www.daon.com |
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