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Thursday 13th July 2006


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Japanese firm heads for AIM


The ever-growing internationalisation of AIM continues at pace, with the market set to welcome its first Japanese venture this Friday. Secure Design is a biometrics company that offers a range of fingerprint authentication products and systems to companies with high security needs.

Secure Design occupies a lucrative sector. Incumbent AIM biometrics counter RC Group is going great guns, while the global market for biometrics is growing at 30 per cent a year and is forecast to be worth $6 billion by 2010.

The company is not planning any fundraising at admission, although a £15 million debut price tag looks likely.

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