BEDFORD, Mass., Sept. 19, 2019 /PRNewswire/ -- Aware, Inc.
(NASDAQ: AWRE), a leading supplier of biometrics software and
services, announced that Robert A.
Eckel has been appointed Chief Executive Officer and
President, effective September 19,
2019. Mr. Eckel will also serve as a member of the Board of
Directors of Aware.
Kevin T. Russell, Aware's current
Chief Executive Officer and President, General Counsel has been
named Chief Legal and Administrative Officer. Mr. Russell
will continue to serve as a member of the Board of Directors of
Aware.
Prior to joining Aware, Mr. Eckel served as the Chief Executive
Officer and President North America for the Identity and Security
business at Idemia. As CEO and President North America
for Idemia, and as CEO of the Identity and Security company
MorphoTrust USA, Mr. Eckel was
responsible for leading and driving the integration and profitable
growth of numerous acquisitions, while ensuring customer and
employee engagement and success. With a portfolio of expertise in
secure identity, biometrics, air traffic control, and defense
systems, Mr. Eckel has played instrumental roles in successful
business expansions while at Raytheon Company, Hughes Aircraft
Company and Digimarc Corporation with a long history driving
product commercialization and contract execution in U.S. high-tech
commercial and government fields.
Brent Johnstone, Aware's Chairman
of the Board said, "Over the past several years, the Aware team has
done a great job expanding our industry-leading biometric
technology and platforms to enable us to grow beyond our
traditional government market and penetrate the commercial market
with a range of robust, flexible, biometric applications and
solutions. We're excited to name Bob
Eckel as the President and Chief Executive Officer of the
Aware team to drive our leading biometric technology into the
government and the commercial markets as well as explore strategic
partnerships. Bob brings a wealth of direct industry experience as
well as a track record of driving commercial success."
Mr. Eckel said, "I'm excited to be joining an Aware team known
for its customer relationships, employee dedication and exemplary
domain knowledge and passion. Together we'll continue to
expand Aware's leadership position in the industry and bring
effective biometric technology into people's lives. One of my
passions is to build and lead companies that enable individuals to
experience the life we deserve through technology. My background in
secure identity solutions, biometrics technology, and complex
systems will help me drive this mission for Aware."
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, the growth of the biometrics markets generally, and
Aware's success selling into the government and commercial 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) the biometrics market may not experience significant
growth or our products may not achieve broad acceptance; 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 operational
systems and networks and products may be subject to an increasing
risk of continually evolving cybersecurity or other technological
risks which could result in the disclosure of company or customer
confidential information, damage to our reputation, additional
costs, regulatory penalties and financial losses; xii) our
intellectual property is subject to limited protection; xiii) we
may be sued by third parties for alleged infringement of their
proprietary rights; xiv) we must attract and retain key personnel;
xv) we rely on single sources of supply for certain components used
in our hardware products; xvi) our business may be affected by
government regulations and adverse economic conditions; xvii) we
may make acquisitions that could adversely affect our results, and
xviii) 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, 2018
and other reports and filings made with the Securities and Exchange
Commission.
Aware is a registered trademark of Aware, Inc. Any other
trademarks appearing herein are the property of their respective
owners.
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SOURCE Aware, Inc.