NEW YORK, Nov. 15, 2017 /PRNewswire/ -- EyeLock LLC, a
leader of iris-based identity authentication solutions and a
majority-owned subsidiary of VOXX International Corporation
(NASDAQ: VOXX), and ViaTouch Media today announced the integration
of EyeLock's embedded iris recognition technology into ViaTouch's
ground-breaking Auto-Retail solution that is designed to change the
landscape of consumer purchasing in the most secure manner
possible.
"This new partnership with ViaTouch is a major breakthrough for
EyeLock," said Jim Demitrieus, CEO
of EyeLock. "For years, we have been investing in our IP portfolio,
working with industry leaders in technology and across a diverse
set of industries to introduce a portfolio of embedded products.
This win is indicative of the many potential commercialized
applications for iris authentication. The ViaTouch partnership
underscores an innovative approach to protecting consumer identity
and transaction security."
ViaTouch Media was formed four years ago with a goal of creating
innovative business solutions utilizing artificial intelligence and
other contemporary technologies to improve the consumer goods
shopping experience. After rigorous R&D initiatives, the
Company launched LISA™, dubbed a high-tech vending machine but so
much more. LISA, which stands for Luxury Interactive Smart Shelves
was first introduced in June 2016 at
Hightech with First Data. This real-time, interactive media
solution was designed to customize interaction between consumers
and technology to drive a better consumer engagement.
From LISA, Vicki™ (ViaTouch Intellishelf Cognitive Kinetic
Interactions) was born utilizing artificial intelligence to bring
the consumer experience more in line with today's smartphone! Vicki
recognizes and authenticates a consumer, gets to know their
preferences and then acts upon them, serving as a virtual clerk.
Vicki engages with consumers, talks to them and delivers loyalty
programs, discounts and other incentives all through real-time,
interactive media and artificial intelligence technology. Vicki is
equipped with smart shelves that know what products consumers look
at, what they take/put back and view on display, and communicates
with consumers via directional speakers so conversations are only
between the machine and consumer.
Now, through this strategic partnership with EyeLock, Vicki will
provide consumers with the easiest and safest authentication
process, as EyeLock's iris authentication technology will be
embedded into the machine itself. Furthermore, with EyeLock's
embedded technology, consumers and businesses will have an
easy-to-use and fast experience, and will rest easy knowing their
transactions will be secure as the embedded technology will be
integrated and operable with First Data online payment networks.
Machines utilizing EyeLock's innovative solutions will be available
in early Q2 of 2018. "ViaTouch is proud to innovate with EyeLock
and First Data to create the most secure AI iris authentication
self-checkout payment solution in the world," said Tom Murn, CEO of ViaTouch Media.
EyeLock's technology provides an unprecedented level of
convenience and security with unmatched biometric accuracy, making
it the most proven way to authenticate identity aside from DNA.
EyeLock's proprietary iris authentication technology looks at more
than 240 unique iris characteristics and provides a fast,
user-friendly experience. EyeLock is one of the only companies in
the world to utilize dual-eye authentication. The Company's
approach provides maximum flexibility by offering designs that have
either, on-board or host-based processing and illumination.
Algorithm performance capabilities for speed and accuracy have been
validated by Novetta, a leader in advanced analytics technology and
independent biometric testing, as unmatched in the market.
EyeLock's reference designs have working distances of up to 60 cm
with a false accept rate of 1 in 1.5 million for single eye
authentication and a false reject rate of less than 1%.
Vicki will be available in January
2018. The initial group of machines will be strategically
placed in select Universities, Apple Stores (for employee use),
Hotels, Hospitals and a few select retail partners to be announced
at a later date. ViaTouch will be unveiling Vicki this Thursday
evening, November 16, at The Freedom
Tower in New York City to a group
of customers, partners and potential investors.
Vicki will also be showcased by EyeLock in the VOXX
International Corporation booth at the 2018 International Consumer
Electronics Show, held in Las Vegas,
NV on January 9-12, 2018.
About EyeLock
EyeLock LLC, a majority owned subsidiary
of VOXX International Corporation (NASDAQ: VOXX), is an
acknowledged leader in advanced iris authentication for the
Internet of Things (IoT), providing the highest level of security
with EyeLock ID™ technology. Iris authentication is
highly secure because no two irises are alike and the
iris is the most accurate human identifier other than DNA. The
company's significant IP portfolio, including more than 100 patents
and patents pending, and proprietary technology enables the
convenient and secure authentication of individuals across physical
and logical environments. EyeLock's solutions have been integrated
and embedded across consumer and enterprise products and platforms,
eliminating the need for PINs and passwords. Corporations across
the Fortune 500 recognize the level of security EyeLock provides
due in part to its extremely low false acceptance rate, ease
of use, and scalability. As a sponsor member of the FIDO (Fast
IDentity Online) Alliance, a non-profit organization dedicated to
creating a safer and more secure digital presence for consumers,
EyeLock is dedicated to advancing digital privacy and next
generation security. For more information, please visit
www.eyelock.com.
About ViaTouch Media
ViaTouch Media Inc. is a
privately-owned company focused on transforming the retail industry
by developing Vicki, the first artificial intelligence, online
self-inventory, media delivery IoT device at the point of sale.
Once your identity and payment mechanism is validated via credit
card, eye or thumb biometrics connected to a "getVicki" account,
you are able to open the door and browse. Vicki connects the store
to the internet by providing instant information on products via AI
& directed sound so she won't disturb others while she is
talking to you. Once a final product selection is made, Vicki will
display the selection and price through patented shelf load sensor
technology. Once the door is closed with the selection, your
purchase is complete. Additional ground-breaking technology called
Apple VAS (Value Added Services) will be enabled in the future by
First Data and Worldnet. For more information, please visit
www.viatouchmedia.com.
CONTACT:
Glenn
Wiener
GW Communications
Tel: 212-786-6011
Email: gwiener@GWCco.com
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SOURCE EyeLock LLC