Xperix Targets Saudi Public Biometrics Market with Exclusive Local Partnership

CEO Sangcheol Yoon of Xperix and Hadi Alnawafleh, Head of Business Strategy at Alyam Technical Trading Co., signed an MOU. Xperix

Xperix (317770) is actively expanding into the biometrics and digital identity verification business targeting the Saudi Arabian public sector. The company has established a collaborative framework with a local public project specialist firm to cooperate across the full spectrum—from identifying government and public sector business opportunities to project implementation and operation.

Xperix announced that it has signed a strategic business agreement (MOU) with Alyam Technical Trading Co. (hereafter referred to as Alyam), a Saudi Arabian company specializing in public sector projects. Under this agreement, the two companies will jointly identify business opportunities related to biometrics and electronic documents for the Saudi Arabian government and public institutions, and collaborate throughout the entire project cycle, including business development, bidding, proposal, implementation, and operation.

Notably, during the validity period of the MOU, the two parties have agreed to maintain an exclusive partnership for the biometrics and electronic documents business in the Saudi Arabian public sector. Xperix will not appoint any additional local partners in the relevant business sectors, and Alyam has committed not to collaborate with third-party competing solution providers in these fields.

This collaboration aligns with the national innovation strategy "Vision 2030" being promoted by Saudi Arabia. The country is driving the digital transformation of government and public services based on Vision 2030 and is also focusing on upgrading its national identity infrastructure. There is a growing demand for digital identity verification using biometric and electronic document technologies at airports, immigration facilities, and government organizations.

Alyam conducted a comprehensive review of the track record, technological capabilities, product competitiveness, and global business experience of related companies to select a biometrics solution partner for Saudi Arabia’s public projects. As a result, Xperix was chosen as the only official partner candidate among Korean biometrics companies, and after further discussions on its product and business implementation capabilities, the MOU was signed.

The scope of collaboration includes digital identity verification using biometrics solutions and e-Document technologies, as well as border control solutions. Going forward, both parties plan to expand their partnership to cover a broader range of digital transformation projects for the Saudi Arabian government as mutually agreed.

For this project, Xperix will provide its biometric equipment and related technologies. Key products include the RealScan-FC palmprint capture device, which is certified with the FBI’s Appendix F and P certifications; the RealScan SG10, a ten-fingerprint scanner; and the RealPass-N, an identity document scanner compliant with the ICAO 9303 international standards.

Xperix will also be responsible for tasks such as writing project proposals, product demonstrations, product training, and providing technical support throughout project execution as required.

Alyam will take charge of local business development and project execution. Leveraging its accumulated business experience and local network with government and public sector clients in Saudi Arabia, Alyam will identify business opportunities, lead client communications, support regulatory approvals, coordinate projects, and oversee local implementation.

Alyam is a local company with experience executing biometrics and identity verification projects for the Saudi Arabian public sector. According to the company, it has completed over 200 projects for more than 50 clients over the past 17 years since its founding, with a track record that spans airports, passport, immigration, and legal sectors.

Through this MOU, Xperix aims to strengthen its local response capabilities in digital identity verification and public security in Saudi Arabia, and gradually expand its supply opportunities for biometric equipment and electronic document solutions.

Lee Sanghoon, Executive Vice President of Xperix’s ID Business Division, stated, “Being selected as Alyam’s sole official partner candidate among Korean companies is a recognition of Xperix’s technological excellence and global business capabilities. With this agreement, we will further solidify our foundation for participating in Saudi Arabia’s government and public projects and will continue to expand our biometrics and electronic document business in the Middle East market.”

This agreement is significant in that Xperix has established an exclusive cooperative framework with a local Saudi Arabian company, securing a foundation to participate in digital identity verification and border control projects for government and public sector organizations.

This content was produced with the assistance of AI translation services.