HAMILTON, N.J.--(BUSINESS WIRE)--Aug 22, 2018--Princeton Identity, provider of the fastest, simplest and most secure biometric security system on the market, today announced three new patents related to innovations in iris recognition technology that the company was awarded by the U.S. Patent and Trademark Office (USPTO).

The new patents include:

Patent 10042994 for Validation of the Right to Access an Object. Patent 10025982 for Collecting and Targeting Marketing Data and Information Based upon Iris Identification. Patent 10038691 for Authorization of a Financial Transaction.

The new patents represent the application of Princeton Identity’s unique approach to iris authentication in three very important market areas: access, marketing, and financial transactions. Using the techniques described in these patents, Princeton Identity advances the application of iris identification and personnel authentication much more broadly than physical security and represents the anticipated adoption of these technologies in the broader marketplace.

“We’re extremely excited that the USPTO has recognized Princeton Identity’s latest inventions and team of biometrics experts,” stated Mark Clifton, CEO of Princeton Identity. “With over 11 patented technologies in our portfolio and many more pending, we continue to demonstrate our commitment to creating the most advanced and accurate iris recognition-based solutions to ensure accurate and convenient authentication of people and access to assets.”

Quickly gaining recognition as a leader in advanced biometric security, Princeton Identity’s technology is present in the busiest international airport in the world, prominent financial institutions, major universities, sports stadiums and the largest American manufacturing company. The company has deployments within the U.S. Department of Defense, and its identification software has been integrated into over 90 million mobile devices in over 120 countries.

To learn more about Princeton Identity, please visit www.princetonidentity.com.

About Princeton Identity

Princeton Identity offers the fastest, simplest and most secure biometric security system on the market. Leading the revolution toward a more intuitive, efficient and natural security experience that keeps people and business moving. Princeton Identity uses iris recognition and other biometric technology to enable businesses, governments and global organizations to streamline identity management, resulting in improved safety and protection. Formerly a division of SRI International, Princeton Identity was established as an independent venture in August 2016. For more information, visit http://princetonidentity.com/.

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CONTACT: Media:

The Harris Agency for Princeton Identity

Peter Harris, 201-513-7505

peter@theharris.agency

KEYWORD: UNITED STATES NORTH AMERICA NEW JERSEY

INDUSTRY KEYWORD: TECHNOLOGY DATA MANAGEMENT NETWORKS OTHER TECHNOLOGY SECURITY

SOURCE: Princeton Identity

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PUB: 08/22/2018 08:00 AM/DISC: 08/22/2018 08:01 AM

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