VOXX International Subsidiary Gets Patent

Eyelock, a majority-owned subsidiary of VOXX International (VOXX) said it has received a patent from the U.S. Patent and Trademark Office for its technology that assures that iris biometrics are obtained in real time from
the same live person as the facial image. The benefits are fraud deterrence and stronger authentication where both iris and facial images are used in multi-factor authentication.

The technology also performs opportunistic acquisition of a number of iris images during that time window, from which a limited number of images with higher quality scores are retained in memory for further processing. Eyelock’s invention does not require autofocus functions that often trail user movements and fail to achieve good image focus. Shares of VOXX were 6% higher at $6.36, near the high of its 52-week range of $2.47 to $6.55.