EyeLock, MorphoTrust Form Strategic Partnership to Pursue Commercial Enterprise Deployments
Alliance Establishes Strong Value Proposition for MorphoTrust to Reach Beyond Government; Provides EyeLock Reach to Support Rapidly Growing Enterprise-Level Customer Requirements for Biometrics
NEW YORK, Nov. 18, 2014 /PRNewswire/ -- EyeLock Inc., a market leader of iris-based identity authentication solutions, and MorphoTrust USA (Safran), a leading U.S. provider of identity solutions and services, today announced a strategic partnership to offer comprehensive biometric identity solutions and services across enterprise, motor vehicle administration (MVA), airport screening and financial services markets.
As a leader in identity-related solutions, MorphoTrust serves consumers through a nationwide network of 1,100 IdentoGO® Centers. These centers handle the secure capture and transmission of electronic fingerprints required for employment, certification and licensing by federal, state and local governments and some private sector entities. The partnership with EyeLock expands the offering to include iris technology, which will ultimately allow these customers to use iris for downstream authentication applications – verifying identity for access privileges, either physical or online and via mobile devices.
"With the ever-growing need for more robust security solutions, EyeLock's technology has risen to the top as the clear leader in iris authentication," said Charles Carroll, senior vice president of enrollment services at MorphoTrust. "Our partnership with EyeLock brings together two strong market leaders - enabling MorphoTrust to better serve our existing customers, and providing an even stronger value proposition for expansion into new markets as more and more enterprises seek highly secure, high throughput and seamless biometric identity solutions."
EyeLock's patented iris authentication technology has provided physical access solutions to Fortune 500, 100 and 50 corporations, and other global leaders for the last several years. EyeLock is one of the only iris authentication providers to utilize dual eye authentication to look at the more than 240 points of unique characteristics in each human iris. Combined with its unique high-speed video technology, EyeLock provides unprecedented authentication security. EyeLock launched its first consumer product, myris, to industry acclaim at the 2014 International Consumer Electronics Show. The product is the first iris authentication technology designed for both enterprise and mass-market use across the digital spectrum. With myris, EyeLock has distilled its proven technology platform into a palm-sized form factor to provide secure access to digital accounts.
"According to Global Marketing Insights, the market for iris biometrics is growing at an annual growth rate of 19 percent. Our existing deployments and relationships in the commercial and consumer arena provide us a good foundation. However with our technology at IdentoGO Centers by MorphoTrust, EyeLock is positioned to capture an even larger share of this growth. Having a convenient way to enroll people ultimately paves the way for iris authentication in all types of downstream transactions – for physical access, logical access and transaction verification," said Jim Demitrieus, Chief Executive Officer, EyeLock Corporation.
About EyeLock
EyeLock is a leader in iris authentication, provides the highest level of security with EyeLock ID technology. The company's proprietary, embeddable technology enables the convenient, secure authentication of individuals across physical and logical environments. EyeLock's software has been integrated across consumer and enterprise platforms, eliminating the need for PINs and passwords. No two irises are alike, and outside DNA - the iris is the most accurate human identifier. Corporations across the Fortune 500 recognize the level of security EyeLock provides due in part to its false accept rate (, ease of use and scalability. As a sponsor member of the Fast IDentity Online Alliance (FIDO), a non-profit organization dedicated to creating a safer and more secure digital presence for consumers, EyeLock is dedicated to providing digital privacy and next generation security.
About MorphoTrust USA
MorphoTrust USA (Safran) is "The Identity Company," providing market-leading solutions and
services to state and federal agencies as well as businesses that simplify, protect and secure
the lives of Americans. The company's offerings help ensure individuals are who they claim
to be through the use of document authentication, data verification and biometric identification
(face, fingerprints, iris and skin). Forty-two of 50 states use MorphoTrust solutions to produce
80% of the U.S. driver licenses and IDs – the documents citizens rely on to exercise their civil rights, gain access to benefits and services, and ensure trusted transactions while reducing fraud and enhancing national security. Other programs include U.S. passports and passport cards, as well as solutions for border management, public safety, banking and travel. MorphoTrust serves consumers through a nationwide network of 1100 IdentoGO® Centers, delivering fingerprinting and other identity-related services to over 3 million customers annually.
CONTACT: Julia Gaynor, 212-445-8386, [email protected]
SOURCE EyeLock
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