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RC Group (RCG) - Ready to tap into $4 Billion Market (RCG)

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Creator MattyFromTheBlock Created 2 Jul 2004 Posts 2984 Last Post 3 years ago
A new and very exciting group started trading today on AIM named RC Group (Holdings) or RCG. RCG have been a profitable company since 2002 who specialise in Biometrics.

Biometrics are automated methods of recognising a person based on physical or
behavioural characteristics. Among the features measured are face,fingerprints,
hand geometry, handwriting, iris, retinal vein and voice.
Biometric technologies are rapidly becoming the foundation of an extensive array
of highly secure identification and personal verification solutions. As the
level of security breaches and transaction fraud. Increases and particularly as
a result of the increased focus on security in recent years, the need for highly
secure identification and personal verification technologies has become more
apparent.

The need for biometrics applications is recognised in both national and local
government, in the military and in commercial organisations. The benefits of
biometrics technology have already been demonstrated in such diverse
applications as government and commercial network security infrastructures,
electronic, banking, investment and financial institutions, retail sales, law
enforcement, and health and social services.

Biometrics-based solutions are able to cater for confidential financial
transactions and personal data privacy. Applications include workstation,
network and domain access, single sign-on, application log-on, data protection,
remote access to resources, transaction security and Internet security. The
Directors believe that, when utilised with other technologies such as smart
cards, encryption keys and digital signatures, biometrics will lead to increased
confidence on the part of end-users in such electronic transactions.

The use of biometrics for personal authentication is becoming not only
convenient but is considerably more accurate than current methods such as the
utilisation of passwords or personal identification numbers (PINS).

Based on research conducted by an independent biometrics security consulting
firm, annual revenue for the biometrics market in 2003 amounted to more than
US$928 million. This is projected to more than double in 2005 to approximately
US$2.1 billion and to exceed US$4 billion in 2007.

Various market reports and commentaries indicate that significant growth is
anticipated in the global biometrics market; and whilst fingerprint technology
currently constitutes approximately half the market, facial recognition is
likely to be the biggest growth area.

During the period up to 31 March 2004, the Group sold in excess of 6,000 copies
of software and more than 800 computers bundled with the Group 's software. As
at 30 April 2004, the Group had orders worth approximately £3.5 million in hand.

This is a company with tremendous upside potential and all at an extremely good price of just 12p, which is definitely well worth an investment.

RCG Stock Charts



An article written lately highlighting RC Group's potential:
http://www.growthcompany.co.uk/recommendations/18072/rc-group-right-place-right-time.thtml



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