The Inc. 5000, which is published annually by Inc. Magazine, represents the most comprehensive look at the most important segment of the economy – America’s independent entrepreneurs.

Rankings in the Inc. 500/5000 are based on the percentage growth of a company’s net sales over a three-year period. With a growth rate of 112% in an industry that is still very much in its infancy, Fulcrum Biometrics is poised for continued higher levels of growth as biometric technology is increasingly adopted for personal and commercial security.

“We are extremely pleased to be the only company among our immediate competitors to have been named to the Inc. 5000,” said said Ken Nosker, president of Fulcrum Biometrics. “It is an honour to be among the fastest growing private companies in America, especially during the toughest three years US companies as a whole have experienced in living memory. We look forward to continuing that growth as we meet the increasing demand for fast, accurate and cost-effective biometric security solutions" Nosker added.

Fulcrum Biometrics develops, integrates and distributes biometric identification systems and devices including biometric software, fingerprint scanners, facial recognition cameras, eye and iris cameras, palm vein scanners and access control units for applications in finance, military, border control, retail and health care, among other industries. The company attributes much of its recent growth to the development of the Fulcrum Biometric Framework (FbF), a rapid biometric application deployment suite which includes the FbF bioserver, FbF Live Scan, FbF mobileone, FbF Listener, FbF Silverlight Client Library and FbF IOS Library.

Companies named to the Inc. 5000 are key drivers of the U.S. economy. According to Inc. Magazine, the median growth rate of companies in the 2012 Inc. 500|5000 remains at an impressive 97 percent – a particularly significant figure in today’s challenging economic environment. The companies on this year’s list report having created more than 400,000 jobs in the past three years, and aggregate revenue among the honourees reached $299 billion.

"Now, more than ever, we depend on Inc. 500/5000 companies to spur innovation, provide jobs, and drive the economy forward,” said Inc. editor Eric Schurenberg. “Growth companies, not large corporations, are where the action is.”