The Most Reliable and Secure Contactless Solution to Date
UNION CITY, Calif., Oct. 1, 2024 /PRNewswire/ -- Anviz, a brand of Xthings, a global leader in intelligent security solutions, announces the upcoming release of its latest access control solution, the M7 Palm, equipped with cutting-edge Palm Vein Recognition technology. This innovative device is designed to provide superior accuracy, security, and convenience to high-security and privacy-sensitive environments in industries such as banking, data centers, laboratories, airports, prisons, and government institutions. Launching globally today, Anviz is gearing up to revolutionize the way users interact with access control systems.
The M7 Palm Vein Access Control Device offers a seamless access experience, allowing users to unlock doors with a wave of the hand. Using Palm Vein Recognition, a top-tier biometric security method, it addresses the limitations of facial and fingerprint recognition by providing a more secure, non-invasive, and user-friendly solution.
Palm Vein Recognition captures the unique pattern of veins inside a person's palm using near-infrared light. Hemoglobin absorbs the light, creating a vein map, which is converted into a secure digital template through advanced algorithms, ensuring accurate identification. Unlike facial recognition, which may raise privacy concerns, or fingerprint scans, which can be affected by wear, palm vein recognition is discreet, reliable, and harder to forge. Its non-contact nature also makes it more hygienic, ideal for environments with strict health protocols.
The M7 Palm Vein Access Control Device leverages this advanced technology to provide a seamless and secure user experience. With a False Rejection Rate (FRR) of ≤0.01% and a False Acceptance Rate (FAR) of ≤0.00008%, the accuracy of the system far exceeds that of traditional fingerprint or face recognition methods, offering a higher level of protection for critical infrastructure and sensitive information.
The M7 Palm Vein Access Control Device stands out for its numerous advantages, making it an ideal solution for high-security environments. The benefits of using palm veins are as follows:
- Security: Palm Vein recognition uses a living biometric, making it nearly impossible for intruders to copy or replicate the pattern. This ensures a higher level of security than external biometric methods like fingerprints or facial recognition.
- Reliability: The Palm Vein structure remains largely unchanged over time, providing long-term stability and consistency in identification.
- Privacy: Since the technology scans internal veins rather than external features, it is less intrusive and more acceptable to users who are concerned about privacy.
- Hygiene: The non-contact nature of the technology allows users to simply hover their hand over the scanner without needing to physically touch any surface, making it an ideal solution for environments that prioritize cleanliness and hygiene.
- Precision: Palm Vein technology captures a larger surface area than fingerprint or face recognition systems, enabling the scanner to collect more data points for comparison, resulting in highly accurate identification.
Moreover, the features of the M7 Palm are designed by meticulously polishing the needs of the users:
- Enhanced Human-Machine Interaction: Intelligent ToF laser-ranging provides accurate distance measurement, with an OLED display ensuring recognition at precise distances and delivering clear notifications to the user.
- High-intensity protective design for outdoor: With a narrow metal exterior design, the standard IP66 design ensures the device works well outdoors, and the IK10 vandal-proof standard ensures a robust and stable installation.
- PoE Powering and Communications: PoE support provides centralized power management and efficiency with the ability to remotely reboot devices, making it a convenient and flexible solution for many network applications.
- Two-Factor Verification Security: Supports multiple identity combinations, choosing any two of Palm Vein, RFID card, and PIN Codes to complete the identification, ensuring absolute security in special places.
As security becomes a growing priority, demand for biometric solutions like palm vein recognition is surging. By 2029, the global market for palm vein biometrics is projected to reach $3.37 billion, with a CAGR of over 22.3%. The Banking, Financial Services, and Insurance (BFSI) sector is expected to lead this growth alongside military, security, and data center applications.
"As a milestone product in the biometrics and security industry, till next June, Xthings will work with more than 200 partners to bring the product to markets such as North America, Western Europe, the Middle East, and Asia Pacific, empowering the clients to enjoy a safer and more convenient experience. $3.3 Billion market share is there, let's work together!" said Peter Chen, Product Marketing Manager. [To talk about partnership]
Though still in the early stages of market adoption, Anviz is committed to advancing palm vein technology. With limited competition, the M7 Palm Vein Access Control Device is poised to make a significant impact. Anviz continues to innovate, delivering smarter, safer, and more convenient security solutions globally.
About Anviz
Anviz, a brand of Xthings, is a global leader in converged intelligent security solutions for SMBs and enterprise organizations. Anviz offers comprehensive biometrics, video surveillance, and security management systems powered by cloud, Internet of Things (IoT), and AI technologies. Anviz serves various industries, including commercial, education, manufacturing, and retail sectors, supporting over 200,000 businesses in creating smarter, safer, and more secure environments.
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
Anviz Unveils M7 Palm Access Control Device
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- Holds groundbreaking ceremony for second U.S. plant; completion scheduled for April next year
- Expands production capacity by 50% and adds 765-kilovolt-class manufacturing capability; annual revenue expected to increase by 200 billion won
- Continues long-term U.S. investment following establishment of first local production subsidiary by a Korean power equipment company in 2011
- Expansion of extra high voltage power transformer production capacity to further strengthen leadership in the North American market
SEOUL, South Korea, March 8, 2026 /PRNewswire/ -- HD Hyundai Electric has commenced expanding its North American production subsidiary, further reinforcing its leadership in the region's extra high voltage power transformer market.
The company said that it held a groundbreaking ceremony on Mar. 6 for a second plant at its North American production base, HD Hyundai Power Transformers USA, in Montgomery, Alabama. The ceremony was attended by Kim Youngki, CEO of HD Hyundai Electric; Lee Joon-ho, Consul General of the Republic of Korea; Ellen McNair, Secretary of the Alabama Department of Commerce; Cornelius "CC" Calhoun, President of the Montgomery City Council; and representatives from major customers and partner companies.
The new facility, spanning approximately 312,000 square feet, will be constructed within the site of the North American production subsidiary, with completion targeted for April next year. HD Hyundai Electric will invest approximately $200 million to increase extra high voltage power transformer production capacity by 50% and establish manufacturing and testing capabilities for 765-kilovolt-class transformers, supporting the expansion and modernization of the United States' backbone transmission network. Upon completion, the plant is expected to generate approximately 200 billion won in additional annual revenue.
Established in 2011, HD Hyundai Power Transformers USA was the first U.S.-based transformer manufacturing subsidiary built by a Korean power equipment company and has since grown into the largest power transformer production facility in the United States.
HD Hyundai Electric invested $55 million at the time of the subsidiary's establishment, followed by an additional $44 million in 2018 to expand production space and $19 million in 2023 to build a dedicated transformer storage facility, demonstrating its continued commitment to local investment. This localized production base has significantly reduced supply lead times and enhanced customer responsiveness, strengthening trust and order competitiveness in the North American market.
As a result, operational performance has steadily improved. Revenue increased from approximately $100 million in 2017 to about $400 million in 2025. The workforce has also expanded significantly, growing approximately 100 employees in 2011 to more than 300 in 2017 and reaching around 460 in 2025. Following completion of the second plant, the company plans to hire an additional 200 employees.
"Our North American production subsidiary has played a key role in strengthening our presence in the U.S. market through local manufacturing. We will successfully complete the second plant and create synergies with the Ulsan plant expansion, scheduled for completion in September, to further solidify our leadership in the North American extra high voltage power transformer market," said an official from HD Hyundai Electric.
- Holds groundbreaking ceremony for second U.S. plant; completion scheduled for April next year
- Expands production capacity by 50% and adds 765-kilovolt-class manufacturing capability; annual revenue expected to increase by 200 billion won
- Continues long-term U.S. investment following establishment of first local production subsidiary by a Korean power equipment company in 2011
- Expansion of extra high voltage power transformer production capacity to further strengthen leadership in the North American market
SEOUL, South Korea, March 8, 2026 /PRNewswire/ -- HD Hyundai Electric has commenced expanding its North American production subsidiary, further reinforcing its leadership in the region's extra high voltage power transformer market.
The company said that it held a groundbreaking ceremony on Mar. 6 for a second plant at its North American production base, HD Hyundai Power Transformers USA, in Montgomery, Alabama. The ceremony was attended by Kim Youngki, CEO of HD Hyundai Electric; Lee Joon-ho, Consul General of the Republic of Korea; Ellen McNair, Secretary of the Alabama Department of Commerce; Cornelius "CC" Calhoun, President of the Montgomery City Council; and representatives from major customers and partner companies.
The new facility, spanning approximately 312,000 square feet, will be constructed within the site of the North American production subsidiary, with completion targeted for April next year. HD Hyundai Electric will invest approximately $200 million to increase extra high voltage power transformer production capacity by 50% and establish manufacturing and testing capabilities for 765-kilovolt-class transformers, supporting the expansion and modernization of the United States' backbone transmission network. Upon completion, the plant is expected to generate approximately 200 billion won in additional annual revenue.
Established in 2011, HD Hyundai Power Transformers USA was the first U.S.-based transformer manufacturing subsidiary built by a Korean power equipment company and has since grown into the largest power transformer production facility in the United States.
HD Hyundai Electric invested $55 million at the time of the subsidiary's establishment, followed by an additional $44 million in 2018 to expand production space and $19 million in 2023 to build a dedicated transformer storage facility, demonstrating its continued commitment to local investment. This localized production base has significantly reduced supply lead times and enhanced customer responsiveness, strengthening trust and order competitiveness in the North American market.
As a result, operational performance has steadily improved. Revenue increased from approximately $100 million in 2017 to about $400 million in 2025. The workforce has also expanded significantly, growing approximately 100 employees in 2011 to more than 300 in 2017 and reaching around 460 in 2025. Following completion of the second plant, the company plans to hire an additional 200 employees.
"Our North American production subsidiary has played a key role in strengthening our presence in the U.S. market through local manufacturing. We will successfully complete the second plant and create synergies with the Ulsan plant expansion, scheduled for completion in September, to further solidify our leadership in the North American extra high voltage power transformer market," said an official from HD Hyundai Electric.
** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **
HD Hyundai Electric Expands U.S. Production Subsidiary, Solidifies Leadership in North American Extra High Voltage Power Transformer Market
