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Clear(R) Secures $44.4 Million in Venture Funding
Date:8/20/2008

the Clear national network, and then expand to other non-Airport venues," said Clear founder and CEO Steven Brill. "This marks an exciting new phase in Clear's growth and in the development of the voluntary credentialing industry."

"With Clear now accepted in 18 airports, the company has already built the largest airport security fast pass business, and it is well on its way to providing the nation's travelers the best, most effective way to get easy access to their flights," said Dennis Miller, general partner, Spark Capital. "Clear's fast growth with their security verification system will continue to change the way people think about identity credentialing and fast access to venues with security bottlenecks -- ranging from airports to sports and concert arenas and beyond. We are excited to work with Steven Brill and his team as they continue to build on their market momentum."

"Syncom is delighted to partner with Clear, a business that is at the forefront of an exploding market opportunity in voluntary credentialing," said Terry Jones, Managing Partner, Syncom Venture Partners.

Applicants start the membership enrollment process at http://www.flyclear.com and complete it in person at a Clear enrollment center, where they have their fingerprints and iris images captured. Clear enrollment centers are located in airports with Clear programs and also at convenient city locations, including New York's Grand Central Terminal.

About Clear

Clear, operated by Verified Identity Pass, Inc., has signed up more than 200,000 travelers nationwide. Clear cards are accepted at 18 U.S. airports: Albany, Cincinnati, Denver, Indianapolis, Jacksonville, LaGuardia (Central Terminal B and Terminal D), Little Rock, New York JFK (Terminals 1, 2, 4 and 7), Newark (Terminal B1 and B2), Oakland, Orlando, Reno, Salt Lake City, San Francisco, San Jose, Washington, DC's Reagan and Dulles, and Westchester. An
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SOURCE Clear
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