Press release

Jumio Announces Executive Leadership Promotion

Sponsored by Businesswire

Jumio, the leading AI-powered trusted identity as a service provider,
today announced the promotion of Robert Prigge to president. Prigge has
been the chief revenue officer since 2016 and drove triple-digit growth
during his tenure. As president, he will oversee all aspects of the
company and guide the company through its next phase of innovation and

Jumio’s board of directors issued the following statement: “Robert
Prigge brings deep experience in the digital identity and cybersecurity
space, and comes with excellent leadership skills and experience to take
Jumio to its next phase of growth. With his track record of success as
the company’s chief revenue officer, we trust Robert to make additional
investments in creativity, technology and talent to drive continued
growth and enhance Jumio’s proposition to clients and its expanding
partner base.”

Robert is a seasoned entrepreneur with over 20 years of sales, business
development and marketing management expertise. Prior to Jumio, Robert
held various C-level and senior executive positions with a number of
high-tech companies such as IBM, Secure Computing, Sterling Commerce,
Infrascale and Spruce Finance. Robert led three companies to successful
M&A exits, and has extensive global experience in building high-octane
teams and sustainable operations, including nearly 15 years in Asia.

“The opportunity that lies ahead for Jumio is enormous, and the ability
to lead this next chapter is deeply humbling and incredibly
exhilarating,” Prigge said. “I am focused on accelerating the innovation
— especially in the areas of AI and biometrics — and execution that our
customers need from us. Their success will continue to drive us.”

Over the past two years, Jumio has experienced dramatic growth: In 2018,
its customer count grew 60 percent and sales grew 70 percent
year-over-year. This continued company momentum speaks to the
significant market opportunity and demand for biometric-based identity
verification and Jumio’s ability to help enterprise clients reliably and
quickly verify that a new visitor is who they claim to be. In February,
the company was named to Fast Company’s prestigious annual list of the
World’s Most Innovative Companies for 2019. Jumio was listed as the
29th-ranked company globally and the second-ranked company in the
Security category.

Robert succeeds Stephen Stuut, the company’s chief executive officer of
nearly four years and the driving force behind the company’s global
expansion, key leadership hires and focus on product innovation. Stuut
will now serve as co-chairman of Jumio’s board of directors.

“I have had the privilege of leading Jumio through some difficult times
and helping it become the global market leader in AI-powered identity
verification as a service,” said Stuut. “I am excited about my next
chapter with Jumio, and expect Robert’s vision and focus on strategy,
partnerships and execution will ensure that Jumio’s next era is even
more impactful than our last.”

About Jumio

When identity matters, trust Jumio. Jumio’s mission is to make the
internet a safer place by protecting the ecosystems of businesses
through cutting-edge online identity verification and authentication
services that quickly and accurately connect a person’s online and
real-world identities. Jumio’s end-to-end identity verification
solutions fight fraud, maintain compliance and onboard good customers

Leveraging advanced technology including augmented intelligence, AI,
biometrics, machine learning, certified 3D liveness detection and human
review, Jumio helps organizations meet regulatory compliance including
KYC, AML and GDPR and definitively establish the digital identity of
their customers. Jumio has verified more than 170 million identities
issued by over 200 countries and territories from real-time web and
mobile transactions. Jumio’s solutions are used by leading companies in
the financial services, sharing economy, digital currency, retail,
travel and online gaming sectors. Based in Palo Alto, Jumio operates
globally with offices in North America, Latin America, Europe and Asia
Pacific and has been the recipient of numerous awards for innovation.
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