The registered traveler company CLEAR, launched by entrepreneur Steve Brill, will shut down tonight, according to its Web site.

Parent company Verified Identity Pass Inc. said on its Web site it was "unable to negotiate an agreement with its senior creditor to continue operations."

Clear began in 2005 with the potential to make airport security quicker and easier for frequent travelers. For an annual fee, Clear would collect information and put something through a government security check. Once cleared, the traveler, in theory, would have privileges at Transportation Security Administration checkpoints. It was originally envisioned as a "trusted traveler" program.

Read the whole story on Wall Street Journal or try our Toolbar
Bookmark and Share

Related stories from top sites:

  • London insurers face $24 mln Jackson hit-report

    Jun 23rd, 2009 - Reuters

    LONDON, June 26 (Reuters) - Michael Jackson's death isexpected to inflict a loss of about $24 million on insurersoperating in the London market, trade publication the InsuranceInsider reported on Friday. The Insider said AEG Live...

  • US Congressional Hearing Examines Military, Political Situation in ...

    Jun 23rd, 2009 - VOA News

    The violent and unstable situation in Somalia was the subject of a U.S. congressional hearing on Thursday. Testimony by officials from Somalia, the United Nations and the African Union...

  • Md. Firm Buys Maker of Hit Video Games

    Jun 23rd, 2009 - Washington Post

    ZeniMax Media, the Rockville-based parent company of video game publisher Bethesda Softworks, announced yesterday that it has acquired game development studio Id Software.

  • Airport fast-lane program Clear shuts down

    Jun 23rd, 2009 - bizjournals

    Clear, a service founded by entrepreneur Steven Brill that said it could get air travelers at Denver International Airport and other airports through security lines more quickly...

  • Clear's expedited airport security service shuts down

    Jun 23rd, 2009 - CNET

    Despite pulling in 260,000 travelers at $199 each, Verified Identity Pass, which operates the Clear security clearance program in 18 airports, has given notice that it...

More stories ...

Leave a Reply

Comment moderation is enabled. Your comment may take some time to appear.