Kairos Announces Settlement of Lawsuit Against Former CEO Brian Brackeen
Kairos and Founder and former CEO Brian Brackeen settle lawsuit
MIAMI, May 24, 2019 /PRNewswire-PRWeb/ -- Kairos, the Miami based facial recognition company, and former CEO, Brian Brackeen today jointly announced the pending lawsuits against one another have been dropped and a settlement has been reached.
Under the settlement, the Company and Mr. Brackeen have mutually agreed to part ways, with
Mr. Brackeen, continuing to be recognized as founder of Kairos. All claims in both the initial lawsuit and Mr. Brackeen's counterclaims have been dropped.
"We are pleased to be putting this episode behind us, and the opportunity to keep the business focused on growth." said Melissa Doval, CEO of Kairos. "We thank Mr. Brackeen for working towards a resolution, and wish him the best for his future endeavors."
Mr. Brackeen, who remains a Kairos shareholder, stated: "I would like to thank Kairos' management team for working towards an amicable resolution. I'm confident in Kairos' future, and their ability to continue delivering products customers love. I'm looking forward to my next chapter."
About Kairos
Kairos is a leading facial recognition AI company with an ethical approach to identity, that reflects our globally diverse communities. Through computer vision and deep learning, Kairos can recognize faces in videos, photos, and the real world — Kairos' innovative API platform simplifies how developers and businesses integrate human identity into their software. Founded in 2012 and headquartered in Miami with offices in Singapore, Kairos is a venture-backed organization with customers all over the world.
SOURCE Kairos
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