BEDFORD, Mass., Sept. 6, 2018 /PRNewswire/ -- Aware, Inc.
(NASDAQ: AWRE), a leading global provider of biometrics software
products and solutions, today announced that its FIDO® Face and
Face+Voice Authenticators included in its Knomi™ mobile biometric
authentication framework are among the first to be certified as
compliant with FIDO® UAF 1.1 specifications. The products provide
banks, enterprises, and security solution providers a
standards-based way to incorporate biometrics into their mobile
apps to make authentication more secure and convenient for their
customers and employees. These new biometric authenticators enable
use of either face or face together with voice to perform biometric
capture, matching, and liveness detection for password-free
multifactor authentication on an iOS or Android mobile
device.
"FIDO continues to gain adoption globally in part because of a
dynamic marketplace of certified products from a variety of
providers, with each having passed through a rigorous certification
program that provides assurance that they are functional and
interoperable," said David Benini,
VP, Marketing & Product at Aware. "Aware is pleased to offer
some of the first authenticators available to be version 1.1
certified."
Knomi includes SDKs that work in concert on a mobile device and
server to enable password-free multifactor authentication using
biometrics. Several biometric modality options are currently
available, including face recognition, voice recognition, keystroke
dynamics, and an innovative fusion of voice and face recognition
applied simultaneously. Aware's biometric algorithms deliver
top-tier accuracy and speed performance, and are complemented by
multiple proprietary liveness detection techniques that apply both
passive and interactive methods to prevent several different types
of spoof attacks.
Knomi components can be selected a la carte to implement either
a FIDO® Certified solution with secure biometric storage and
matching on the mobile device, or a server-centric architecture,
with centralized matching and template storage. Each SDK includes
user interfaces that ensure fast and easy biometric capture and
liveness detection for a positive user experience.
More information about the Knomi mobile biometric authentication
framework is available on the Knomi product webpage. Aware will
demonstrate Knomi in the FIDO Pavilion at Money20/20 in
Las Vegas on October 20-23.
About Aware
Aware is a leading provider of biometrics
software products and development services to governments, system
integrators, and solution providers globally. Our products include
SDKs, software components, workstation applications, and a modular,
centralized, service-oriented platform. They fulfill a broad range
of functions critical to biometric authentication and search,
including face, fingerprint, iris, and voice capture, sample
quality assurance, data compliance, capture hardware peripheral
abstraction, centralized data processing and workflow, subsystem
connectivity, and biometric matching algorithms. The products apply
biometrics to enable identity-centric security solutions for
applications including banking and payments, border management,
credentialing and access control, intelligence and defense, and law
enforcement. Aware is a publicly held company (Nasdaq: AWRE) based
in Bedford, Massachusetts.
See Aware's website for more information about our biometrics
software products.
Safe Harbor Warning
Portions of this release contain forward-looking statements
regarding future events and are subject to risks and uncertainties,
such as estimates or projections of future revenue and earnings,
and the growth of the biometrics markets. Aware wishes to caution
you that there are factors that could cause actual results to
differ materially from the results indicated by such
statements.
Risk factors related to our business include, but are not
limited to: i) our operating results may fluctuate significantly
and are difficult to predict; ii) we derive a significant portion
of our revenue from government customers, and our business may be
adversely affected by changes in the contracting or fiscal policies
of those governmental entities; iii) a significant commercial
market for biometrics technology may not develop, and if it does,
we may not be successful in that market; iv) we derive a
significant portion of our revenue from third party channel
partners; v) hardware revenue is likely to decline in future
periods; vi) we face intense competition from other biometrics
solution providers; vii) our business is subject to rapid
technological change; viii) our software products may have errors,
defects or bugs which could harm our business; ix) our business may
be adversely affected by our use of open source software; x) we
rely on third party software to develop and provide our solutions
and significant defects in third party software could harm our
business; xi) our intellectual property is subject to limited
protection; xii) we may be sued by third parties for alleged
infringement of their proprietary rights; xiii) we must attract and
retain key personnel; xiv) we rely on single sources of supply for
certain components used in our hardware products; xv) our business
may be affected by government regulations and adverse economic
conditions; xvi) we may make acquisitions that could adversely
affect our results, and xvii) we may have additional tax
liabilities.
We refer you to the documents Aware files from time to time with
the Securities and Exchange Commission, specifically the section
titled Risk Factors in our annual report on Form 10-K for the
fiscal year ended December 31, 2017
and other reports and filings made with the Securities and Exchange
Commission.
Aware and Knomi are trademarks or registered
trademarks of Aware, Inc. FIDO is a trademark (registered in
numerous countries) of FIDO Alliance, Inc.
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SOURCE Aware, Inc.