Which then reveals that hoyos labs is another competitor in the...

Which then reveals that hoyos labs is another competitor in the same space that is already commercial. Hence the nature of court action against eyeverify. Hoyos tech is periocular, iris and facial biometric based and is claiming that eyeverify is not using eye vein tech but periocular as well.

Which just goes to show that there are multiple competitors out there as we all knew there would be. It just adds to my impression that there was a massive overreaction to the announcement. " OMG! There is competition! I'm outta here!"