SOURCE: iWallet

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November 12, 2014 12:05 ET

iPassport Named as 2015 CES Innovation Awards Honoree

SAN DIEGO, CA and NEW YORK, NY--(Marketwired - November 12, 2014) - iWallet Corporation (www.iwalletusa.com) (OTCQB: IWAL) today announced that it has been named a 2015 International CES Innovation Awards Honoree for its iPassport. Products entered in this prestigious program are judged by a preeminent panel of independent industrial designers, independent engineers and members of the trade media to honor outstanding design and engineering in cutting edge consumer electronics products across 28 product categories.

The latest secure, luxury techcessory from iWallet, the iPassport features a striking carbon fiber design and a spacious main compartment with ample room for essential travel documents and credit cards. The iPassport features a biometric locking mechanism that only opens with its owner's fingerprint, RFID-protection to shield sensitive embedded data from hackers and Bluetooth™Smart tethering technology, connecting your smartphone to your iPassport so you can ensure it never leaves your side.

"More than 300,000 passports are lost or stolen each year in the United States alone. Considering it is not uncommon to have your passport checked four times or more between check-in and taking off at most international airports, it's easy to see how easily your documents and data can be easily misplaced or stolen," said Jack Chadsey, iWallet CEO. "We've created the iPassport for global travelers who value security innovations that help protect their passport and identity, but also appreciate exceptional craftsmanship, advanced durable materials and luxury design elements."

The prestigious CES Innovation Awards are sponsored by the Consumer Electronics Association (CEA)®, the producer of the International CES, the global gathering place for all who thrive on the business of consumer technology, and have been recognizing achievements in product design and engineering since 1976.

iPassport will be displayed at the 2015 International CES, which runs Jan. 6-9, 2015, in Las Vegas, Nevada. Honorees will also be displayed at CES Unveiled New York, which features dozens of exhibitors and networking opportunities, and runs 4:30-7:30 PM November 11 at the Metropolitan Pavilion, New York.

Entries are evaluated on their engineering, aesthetic and design qualities, intended use/function and user value, how the design and innovation of the product directly compares to other products in the marketplace and unique/novel features present.

Products chosen as CES Innovation Honorees reflect innovative design and engineering in some of the most cutting edge tech products and services coming to market.

2015 CES Innovation Honoree products are featured on CESweb.org/Innovation, which lists product categories, as well as each product name, manufacturer information, description, photo and URL.

About iWallet

Headquartered in San Diego, California, iWallet (www.iwalletusa.com) is a secure, luxury techcessories company, focused on its robust patent and trademark portfolio in the growing biometric market and combining the latest security features with luxury appointments. iWallet is licensed by Apple Inc. as an official Accessory Developer.

Forward-Looking Statements

This press release may contain certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The company has tried, whenever possible, to identify these forward-looking statements using words such as "anticipates," "believes," "estimates," "expects," "plans," "intends," "potential" and similar expressions. These statements reflect the company's current beliefs and are based upon information currently available to it. Accordingly, such forward-looking statements involve known and unknown risks, uncertainties and other factors which could cause the company's actual results, performance or achievements to differ materially from those expressed in or implied by such statements. The company undertakes no obligation to update or advise in the event of any change, addition or alteration to the information contained in this press release including such forward-looking statements.

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