“New Jersey ranks in the top 5 States for innovation according to the 2016 Bloomberg Innovation Index, so we know we were up against very formidable competition,” said Mark Clifton, CEO, Princeton Identity. “We are thrilled with being named Outstanding Technology Development Company and with it, the recognition given our biometric technology and our goal of bringing innovative technology to the marketplace.”

The Tech Council’s 20th annual Awards Celebration, scheduled for November 17, 2016 in Somerset, NJ, recognises and celebrates this year’s honourees for their accomplishments in leadership, collaboration and innovation. The NJ Tech Council is a nonprofit membership organization that provides business support, networking opportunities, education, advocacy, and recognition of tech and life science companies located in the State.

Biometric technologies continue to gain traction as the best approach for addressing today’s security challenges – from unlocking smartphones to managing facility access. Iris recognition in particular is known to be a more stable and accurate identifier than other available technologies; according to Princeton Identity it is many orders of magnitude more accurate than fingerprint readers and has lower error rates.