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by Mark Harden, for the San Francisco Business Times
Clear had faced criticism because, despite promises of a faster security experience, members still had to go through standard airport security screening.
The shutdown occurred overnight between Monday and Tuesday.
“Clear’s parent company, Verified Identity Pass Inc. has been unable to negotiate an agreement with its senior creditor to continue operations,” the company said in an email to its members. A similar message appears on its web site.
Clear, a service founded by entrepreneur Steven Brill that said it could get air travelers through security lines more quickly, has told members it is ceasing operations.
Clear had faced criticism because, despite promises of a faster security experience, members still had to go through standard airport security screening.
The shutdown occurred overnight between Monday and Tuesday.
“Clear’s parent company, Verified Identity Pass Inc. has been unable to negotiate an agreement with its senior creditor to continue operations,” the company said in an email to its members. A similar message appears on its web site.
Continue reading the story at http://www.bizjournals.com/sanfrancisco/stories/2009/06/22/daily15.html
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