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authID Inc. Announces Change to its Board of Directors for Next Phase of Growth

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Rhea-AI Summary
Chairman Joe Trelin retires from authID.ai Board of Directors after contributing to a significant rise in sales bookings and strategic hires. The Company is in search of additional independent directors for future growth.
Positive
  • Chairman Joe Trelin's guidance led to a dramatic increase in sales bookings for authID.ai.
  • Record number of sales bookings in 2023 under Joe Trelin's leadership.
  • Strategic hiring of experienced identity management personnel in both sales and technology.
  • Chairman Trelin's expertise in technology, operations, finance, and biometric authentication market was instrumental to authID's relaunch.
  • Positive outlook for authID's future success with a strong roadmap and ability to execute on market opportunities.
Negative
  • None.

DENVER, Feb. 22, 2024 (GLOBE NEWSWIRE) -- authID.ai [Nasdaq: AUID], a leading provider of innovative biometric identity verification and authentication solutions,  today announced that Chairman Joe Trelin has retired from the Company’s Board of Directors effective February 20, 2024.

As the former Chief Platform Officer of CLEAR, Trelin brought his experience and guidance to help orchestrate a relaunch of authID and the signing of a record number of sales bookings in 2023. First appointed to the authID Board in April 2022, Trelin quickly showed his value in envisioning future direction for business and product development. Under his term as Chairman, authID experienced a dramatic rise in sales bookings, and the addition of several seasoned identity management personnel in both sales and technology.

“Joe brought expert and invaluable domain advice that was instrumental to our relaunch,” commented CEO Rhon Daguro. “He contributed his expertise in technology, operations, finance, and a deep understanding for the biometric authentication market. Because of his contributions, authID holds a far stronger posture now than a year ago for which we are grateful.”

"I am pleased to have contributed to the relaunch of authID, the appointment of Rhon Daguro as CEO, and the hiring of additional identity-domain talent,” said Joe Trelin. “I believe in the future of authID,  since it is well-positioned for success with significant market opportunity as well as a strong roadmap and the ability to execute upon that opportunity. I'm so very appreciative of the support of everyone with whom I've worked."

The Company is in discussions with one or more candidates to become additional independent directors of authID, who can help with our next phase of growth, but no commitments have been made for any appointment at this time.

About authID

authID® (Nasdaq: AUID) ensures cyber-savvy enterprises “Know Who’s Behind the Device” for every customer or employee login and transaction. Through its easy-to-integrate, patented, biometric identity platform, authID quickly and accurately verifies a user’s identity, eliminating any assumption of ‘who’ is behind a device and preventing cybercriminals from taking over accounts. authID combines digital onboarding, FIDO2 login, and biometric authentication and account recovery, with a fast, accurate, user-friendly experience – delivering identity verification in 700ms. Establishing a biometric root of trust for each user that is bound to their accounts and provisioned devices, authID stops fraud at onboarding, eliminates password risks and costs, and provides the faster, frictionless, and more accurate user identity experience demanded by operators of today’s digital ecosystems. For more information, go to www.authID.ai.

authID Media Contact

Rhon Daguro
CEO
investorrelations@authid.ai


FAQ

Who retired from the authID.ai Board of Directors?

Chairman Joe Trelin retired from the Company's Board of Directors effective February 20, 2024.

What was the impact of Chairman Joe Trelin's guidance on authID.ai?

Chairman Joe Trelin's guidance led to a significant rise in sales bookings and the addition of experienced identity management personnel.

What is authID.ai known for?

authID.ai is a leading provider of innovative biometric identity verification and authentication solutions.

Who was appointed as CEO of authID.ai?

Rhon Daguro was appointed as CEO of authID.ai.

What future plans does authID.ai have regarding its Board of Directors?

The Company is in discussions with potential candidates to become additional independent directors for future growth.

authID Inc.

NASDAQ:AUID

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Software - Infrastructure
Services-prepackaged Software
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United States of America
DENVER