EyeVerify Looks Ahead With Introduction of Eyeprint ID(TM) v2.0

SAN FRANCISCO, CA--(Marketwired - Nov 3, 2014) -  EyeVerify Inc., creator of Eyeprint ID™, the patented biometric technology that eliminates passwords on smart devices, today unveiled Eyeprint ID v2.0, a significant breakthrough in biometric security technology that provides highly accurate, fast and even more convenient mobile identity protection on smartphones and tablets. View a video demo of EyeVerify's Eyeprint ID here.

The new version of Eyeprint ID, which is being formally unveiled at Money 20/20 in Las Vegas this week, features a natural, seamless user experience with an incredibly fast authentication time for smart devices, as fast as 800 milliseconds, which is instantaneous from a users' perspective.

Toby Rush, CEO and Founder of EyeVerify, said, "Mobile users and content providers alike are looking for secure, convenient and private measures to protect their phones and valuable data. People and companies are embracing biometrics replacing passwords on mobile devices. The latest version of Eyeprint ID is the fastest, most secure and most affordable option available."

EyeVerify's patented Eyeprint ID technology uses built-in cameras in today's mobile devices to image and then pattern match the blood vessels in the whites of users' eyes for highly accurate, fast and convenient mobile identity protection. EyeVerify is the only company to offer this highly secure and scalable approach to identity verification that requires no additional hardware and eliminates the need for passwords.

Currently in final beta, Eyeprint ID v2.0 will be commercially available in early January 2015 across iOS and Android devices and apps. Eyeprint ID is currently deployed to enterprises through Good Technology™, to banks throughout Australia via The System Works Group and will be available for AirWatch Secure Content Locker customers later this year. EyeVerify is providing Eyeprint ID v2.0 demos at Money 20/20 in Las Vegas at 10:30am PST on November 5 at the Aria at the Starvine 10.

It's been a busy 2014 for EyeVerify. In addition to international implementation of Eyeprint ID, in August (as reported in the Wall Street Journal) the company announced the completion of its Series A equity funding round of more than $6 million with participation by companies including Qihoo 360 (NYSE: QIHU), Samsung (OTN: SSNLF), Sprint (NYSE: S) and Wells Fargo (NYSE: WFC). In April, EyeVerify won Best of Show at Finovate 2014.

Until now, eye biometrics have been confined to highly-guarded military compounds or Hollywood sci-fi. Cyber-threats such as the Heartbleed bug, Shellshock, the recent Dropbox breach and ongoing password hacking, combined with rapid improvement in front-facing smart device camera quality and the wild popularity of selfies on social media have fostered an environment where consumers are embracing secure biometric mobile security like Eyeprint ID. For more information about Eyeprint ID v2.0, visit EyeVerify.com.

About EyeVerify Inc.

EyeVerify Inc. is the creator of Eyeprint ID™ -- transforming an ordinary selfie into a key that protects your digital life. Eyeprint ID is a highly accurate biometric technology for smart devices that delivers a password-free mobile experience with convenient, secure, private authentication. This patented solution uses existing cameras on mobile devices to image and pattern-match the blood vessels in the whites of the eye.