BioID Expands its Presence in US

Sachseln, 25.10.2011 - BioID AG, a leading provider of biometric recognition and identity management for online and mobile applications, announced today the founding of wholly owned US subsidiary BioID, Inc. to support the company?s North American activities.

The company will be responsible for business development, partner integration and technical support for myBioID, an online authentication and identity management service, as well as future products and services for the North American market.

The myBioID service offers the easiest and most secure way for users to log into online accounts, authorize transactions and manage their online identities without remembering dozens of passwords or carrying a token. By recognizing the user?s presence with a webcam, myBioID helps reduce the chances of online identity theft and data theft without software installation or special hardware.

'With the world?s highest percentage of internet users and growing concerns over privacy and identity theft, North America is a mature technology market in desperate need of an easier, more secure way to manage online identities,? said Ho Chang, CEO of BioID AG. 'Some of the most important players in the identity and online services fields, representing key potential partnerships for myBioID, are located in North America, and a local presence helps us deliver our partners the best possible support.?

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