Through this MOU, the two companies plan to intensify their cooperation in technology but also in distribution of their product ranges in different parts of the world. This partnership will fuel the growth and help the two companies to expand their global presence and underline their leading role in the biometric world.

Shin Yo-sik, CEO of Union Community, said, “The MOU with TBS for Union Community’s global expansion, is an important step to accelerate our ambitious growth plans. It will help us to further strengthen our market position.”

“The two partners are highly complementary in terms of markets and offering. While TBS is specialised on challenging and customised solutions, Union gives us access to an extended range of state-of-the-art hardware. For our customers, it’s the best of two worlds.” says Stefan Schaffner, CEO at TBS.

Founded in 2000, Union Community has expanded its business areas from access control systems using fingerprint recognition and face recognition algorithms to iris recognition systems.