Verified Identity Pass, which operated the CLEAR service that helped registered travelers zip through security checkpoints at more than a dozen airports in the U.S., announced it is going out of business, according to this ZDNet blog. The company cited an inability to negotiate an agreement with a large creditor to continue operations.
That was also confirmed at http://www.flyclear.com, where this simple message was posted: “At 11:00 p.m. PST on June 22, 2009, Clear will cease operations. Clear’s parent company, Verified Identity Pass, Inc. has been unable to negotiate an agreement with its senior creditor to continue operations.”
Read more from ZDNet here.