Global Rainmakers, Inc.
Global Rainmakers Honored with Frost & Sullivan Award
Global Rainmakers Honored with Frost & Sullivan Award
Company’s HBOX Solution Recognized for the 2009 New Product Innovation
NEW YORK – December 9, 2009 – Global Rainmakers, Inc., an intellectual property holding company and advanced R&D laboratory, has been awarded the prestigious Frost & Sullivan Award for New Product Innovation, in the Iris Recognition Biometric Market North America, 2009.
The award recognizes key industry challenges addressed specifically by Global Rainmaker’s HBOX® solution, which is a multi-modal biometric technology combining the iris and the face that delivers a high level of security with convenience, ease-of-use, high person-throughput, and cost-effectiveness. The HBOX family of products can be configured to serve as an electronic, physical and logical access control system and is a genuinely new paradigm in tokenless identity management.
“The potential value of biometrics has been understood for some time in the access control industry, but have not been realized due to a number of factors, including cost, size, scalability and the like,” said Hector Hoyos, Chairman and CEO, Global Rainmakers. “With the HBOX solution we now have a way to address all of those issues without compromising the integrity of the technology.”
Frost & Sullivan used several criteria when considering Global Rainmakers, including product innovation, the use of cutting-edge technology, value-added features and benefits, increased customer value, and customer acquisition/penetration potential. Also considered were factors such as scalability, price point, performance, ease-of-use and marketplace need.
“The recognition from the industry professionals at Frost & Sullivan is a huge honor,” said Hoyos. “We have been flying under the radar for the last four years and are now rolling out our previously high-end technology into the commercial marketplace, which will make our biometric technology a mainstream element of corporate, tokenless security.”
The HBOX solution, already in use by several federal government agencies, is currently being rolled out in a commercial capacity to banking and other financial services companies in the United States.
About Global Rainmakers, Inc.
Global Rainmakers, Inc. (GRI) was established in Puerto Rico in 2006, as an intellectual property holding company, with a lean R&D-focused operation. Since its inception, GRI has focused solely on technologies and business models capable of changing the paradigm within entire industries, and has reached a point where it offers paradigm shifting solutions in every aspect of life. www.globalrainmakersinc.com.
Media Contact:
Sharron Silvers
KCSA Strategic Communications
(212) 896-1282
ssilvers@kcsa.com