Wall Street Journal

May 3, 2010

Clear Plans Return To Airport Security Lines

By: Eric Morath, Wall Street Journal

Clear, a biometric identification service that allowed time-crunched travelers to zip through security lines, is set to return to airports this fall.

Alclear LLC said Tuesday that it’s in the process of restarting the program after it purchased the Clear assets out of bankruptcy for $5.87 million last month.

“We are thrilled to re-launch Clear,” Chairman and Chief Executive Caryn Seidman-Becker said in a statement. “We look forward to partnering with airports nationwide, regulators and lawmakers to ensure Clear’s success.”

Check out the full Wall Street Journal article here: http://blogs.wsj.com/bankruptcy/2010/05/04/clear-plans-return-to-airport-security-lines/