ORLANDO, Fla. and
NEW YORK, Jan. 8, 2018 /PRNewswire/ -- VOXX International
Corporation (NASDAQ: VOXX), a leading manufacturer and distributor
of automotive and consumer technologies for global markets
announced today that Jeff Carter,
formerly Chief Technology Officer of EyeLock, LLC ("EyeLock"), the
Company's majority owned subsidiary has been appointed as Chief
Executive Officer of EyeLock, effective immediately.
"Jeff has been central to the development of EyeLock's
intellectual property, a portfolio that includes nearly 100 patents
and pending patents as well as proprietary technology that serve to
make its iris authentication solutions the most accurate and secure
form of authentication in the market today," said Pat Lavelle, VOXX International's President and
CEO. "He has been working to enhance not only EyeLock's IP,
but its distribution channels and customer reach; roles he will
continue to serve in, as well as handle the overall management of
EyeLock's business. We look forward to continuing to work with Jeff
and his team, and further accelerate development of essential
technology and solutions that make access to and use of Internet of
Things (IoT) devices easier and safer."
Lavelle continued, "With Jeff's appointment, all of us involved
with EyeLock wish his predecessor Jim
Demitrieus well as he moves on. Jim was instrumental in
bringing EyeLock to its leadership position in biometrics, and we
cannot thank him enough for his efforts," Lavelle said.
Carter, EyeLock's CTO and chief strategist for the last six
years, has spent a decade and a half leading revolutions in banking
and technology, serving as an advisor to the U.S. Federal Reserve,
emerging technology companies, and a host of other organizations.
Prior to joining EyeLock he was Head of Innovation at Bank of
America. In 2008, he founded the Center for Future Banking, a joint
venture between Bank of America and MIT
that researched the impact of identity on global banking. As Head
of Innovation for Bank of America, Carter played a key role in
creating the bank's first information strategy, a catalyst for
advanced quantitative analysis, risk assessment and increased
customer intimacy.
"I am both honored and proud to become EyeLock's CEO," Carter
said. "It is a role made less challenging by skilled and spirited
people on the exceptional EyeLock team. Together, we will advance
biometrics and EyeLock's leadership position in the rapidly growing
biotechnology arena."
He will continue to be based at EyeLock's New York headquarters.
About EyeLock
EyeLock LLC, a majority owned subsidiary
of VOXX International Corporation (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 VOXX International Corporation
VOXX
International Corporation (NASDAQ: VOXX) has grown into a worldwide
leader in the Automotive, Consumer Electronics, Consumer
Accessories and Premium Audio industries. Today, the Company has an
extensive distribution network that includes power retailers, mass
merchandisers, 12-volt specialists and many of the world's leading
automotive manufacturers. The Company has an international
footprint and a growing portfolio, which comprises over 30 trusted
domestic and global brands. Among the Company's brands are
Klipsch®, RCA®, Invision®, Jensen®, Rosen Electronics, Audiovox®,
Terk®, Acoustic Research®, Advent®, Code Alarm®, 808®, Prestige®,
EyeLock, Jamo®, Energy®, Mirage®, Mac Audio®, Magnat®, Heco®,
Schwaiger®, and Oehlbach®. For additional information, please visit
our Web site at www.voxxintl.com.
Company Contact:
Glenn Wiener, President
GW Communications
Tel: 212-786-6011
Email: gwiener@GWCco.com
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SOURCE VOXX International Corporation; EyeLock, LLC