EyeLock and Stanley Security Solutions form strategic partnership
Through the partnership, EyeLock’s iris-based identity authentication solutions will be added as an additional differentiator to SSS’s existing security solutions. In addition, the EyeLock partnership will allow SSS to bolster its global distribution and organic growth strategy across key vertical markets.
Under the partnership, SSS has acquired the exclusive rights to distribute EyeLock’s proprietary technology solutions for access control applications in the U.S., Canada and Europe. Additionally, says the company, the technology will be made available to the broader commercial market-at-large through a newly formed EyeLock Certified Dealers Program.
“EyeLock has invested in substantial development efforts over years to perfect an iris authentication system that is easy to use, effective and commercially attractive. This technology will help companies address issues that have been plaguing them for years, namely, that millions of dollars are lost annually to security breaches, identity theft and fraud,” Jim Demitrieus , Chief Executive Officer, EyeLock said.
“SSS understands the game-changing impact that adoption of our technology will have for companies in the U.S. and abroad. We look forward to this partnership, which will significantly expand the reach, distribution and deployment of our technology, and also allow us to focus on future applications for EyeLock’s identity authentication solutions. With this partnership, SSS and EyeLock are well-positioned to lead the industry and change the way identity management and access control needs are served.”