Isu System Signs Strategic Business Agreement with US CrucialTrak

[Asia Economy Reporter Hyunseok Yoo] Isu System, an IT solutions subsidiary of Isu Group, announced on the 21st that it has signed a strategic business agreement with CrucialTrak, a leading U.S. company in the field of contactless biometric authentication. The two companies plan to join forces to target the rapidly growing domestic and international contactless (untact) business markets.

Isu System plans to offer an attendance management solution that combines its self-developed HR solution, currently serving over 300 clients, with CrucialTrak’s contactless biometric authentication technology. Through this, they expect to provide a contactless attendance management system with enhanced security, keeping pace with the expanding market related to the 52-hour workweek management and the surge in untact demand due to the recent COVID-19 pandemic.

The two companies also anticipate mutual synergy in sales. In this business agreement, they agreed to utilize each other's partners and sales networks, believing that they can support each other in entering overseas markets. Son Wondong, Head of Isu System, said, “The purpose of this business agreement is to strengthen business competitiveness by expanding customers and discovering overseas business opportunities,” adding, “We have agreed to provide ongoing support to each other to expand customer service and enhance convenience.”

Kim Myungjin, Head of CrucialTrak, stated, “The combination of Isu System’s stable IT technology and CrucialTrak’s contactless biometric authentication technology can be introduced to many companies and business environments,” and added, “With CrucialTrak’s marketing capabilities in the North American and European markets, we expect the synergy between the two companies to be even more prominent in the rapidly growing untact sector.”

Isu System, established in 1996, is a specialized company in developing and supplying application software. Its main areas include ▲Enterprise Resource Planning (ERP) consulting ▲corporate system maintenance ▲development and delivery of Internet of Things (IoT) solutions. Recently, it obtained a patent related to the Plant Portal System (PPS) ‘Connected OM,’ which models chemical plant drawing information in 3D through laser scanning.

CrucialTrak is headquartered in Houston, Texas, USA, and holds global patents for composite contactless technology. It is recognized as a leading company in the global business solutions field related to contactless biometric authentication technology. In 2017 and 2019, it received grand prizes from the ‘Security Industry Association (SIA),’ the world’s largest security association, and the ‘Korea Patent Awards’ hosted by Hankook Ilbo, respectively, acknowledging its technological prowess and business potential.

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