NEW YORK, June 20, 2017 /PRNewswire/ -- Today HYPR Corp., the leading innovator in decentralized biometric authentication, announced the appointment of 44-year IBM veteran Nicholas M. Donofrio, to its board of directors. As director, Donofrio will provide extensive expertise on scaling technology, operations and corporate governance earned during his lengthy tenure at IBM.
"Nick is truly a captain of industry. From the rise of personal computing to machine learning, Nick has experienced a half-century of innovation and disruption across multiple waves of technology. He shares our vision and understands the power HYPR has to secure the connected world. I'm ecstatic to have Nick join our board as our first independent director. His experience will be invaluable to HYPR as we continue to deploy decentralized authentication to millions of users worldwide," said George Avetisov, CEO of HYPR Corp.
"Their impeccable focus and obsession with user experience is a unique characteristic rarely found in the security space. HYPR is in a rare position to change how billions of people interact with the connected world. Together we will execute on their vision for a world powered by decentralized biometric security," said Nicholas Donofrio, IBM Fellow Emeritus; IBM Executive Vice President Innovation and Technology (Ret.), and Founder, NMD Consulting LLC.
About Nicholas Donofrio Nick Donofrio held the coveted positions of Executive Vice President Innovation and Technology, and was also selected as an IBM fellow, the company's highest technical honor. Donofrio currently holds seven technology patents, is a member of numerous technical and science honor societies, and holds several board positions. He led the work effort for the federal Council on Competitiveness around their National Innovation Initiative (NII) which went on to become the America Competes Act. Later, Donofrio went on to chair the work effort for the National Academy of Engineering that resulted in the March 2015 release of the NAE report Making Value for America: Embracing the Future of Manufacturing, Technology and Work.
Donofrio has received several industry, government and academic awards including the Director's Memento of Esteem from the U.S. National Security Agency (NSA) for his contribution to the United States Department of Defense. In addition to over 30 awards and recognitions, Donofrio received the gold medal from U.S. National Nuclear Security Administration (NNNSA) as the first non-U.S. government employee for his contributions toward the NNNSA. In addition to his many fellowships and trustee board memberships, Donofrio is a member of the Board of Directors for the Bank of New York Mellon, Liberty Mutual, Delphi Automotive, AMD, O'Brien & Gere, Sproxil and MITRE.
About HYPR HYPR is the leader in decentralized biometric security with more than 15 million users across the Fortune 500. Our FIDO® -Certified software is integrated into employee and customer-facing applications to eliminate fraud, enhance user experience, and increase revenue. From banking to mobile payments and even connected cars, HYPR is leveraging billions of biometric sensors across a fully interoperable architecture to ensure user data is kept private across the Internet of Things.
Founded in 2014 and now backed by RTP Ventures, Boldstart Ventures and Mesh Ventures, the company is under rapid expansion. The company was recently named a "Cool Vendor" in Gartner's May 2017 report, "Cool Vendors in Transforming Multichannel to Unified Retail Commerce, 2017".