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On its Web blamed its financial condition for its inability to hand out The company shut down its lanes at Orlandop International Airport and other airports on Monday night becausr it failed to come to term s with amajor creditor. New York-based Verified Identitty Pass said earlier this weekit “has been unable to negotiated an agreement with its seniodr creditor to continue operations.” Clear members paid up to $199 for an annual membership for access to designated security lanes at participatin airports nationwide. Members provided biometric data, whicbh was encoded on a card, for the promiss of a speedier and convenient trip throughairport security.
In othed company news, Verified Identity Pass said applicant and member data is currently secured in accordance withthe ’es Security, Privacy and Compliance Standards. It said it will continuer to secure such information and will take appropriate steps to deletethe information.
Thursday, October 25, 2012
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