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Zicom Electronic Security Systems has entered into a distribution agreement with Bengaluru based Biometronic Technology, a company engaged in research and development and manufacture of products, equipment, accessories, spare parts and software based on iris recognition algorithm of IriTECH USA.

IriTECH, Inc headquartered in Fairfax, VA (USA) offers superior iris identification technology and products. Under the Agreement, Zicom will be a Distributor & Solution provider of Biomehrmic’s IriShield family of products initially for a period of two years which will be manufactured in India by Biometronic under the license from IriTech, Inc. (USA).

Zicom will also interact with various market intermediaries to develop systems and solutions based on Iris based products and offer the same to customers as system integrators, solution provider or service provider under its brand name.

Zicom has successfully executed the first pilot order for supply of 6100 nos of Iris based Biometric Device for Public Distribution System (PDS) for Andhra Pradesh Govt through Andhra Pradesh Techology Service and also received LO1 for additional 16800 devices.

Zicom Electn.Sec Sys Share Price

1.77 0.00 (0.00%)
13-Dec-2021 18:01 View Price Chart
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MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

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