BEDFORD, Mass., Oct. 1, 2019 /PRNewswire/ -- Aware, Inc.
(NASDAQ: AWRE), a leading supplier of biometrics software and
services, announced that Robert M.
Mungovan has been appointed Chief Commercial Officer,
effective October 1, 2019.
Mr. Mungovan has been with Aware since June 1997 and has served as Vice President,
Biometrics since 2000. Mr. Mungovan previously served as
Aware's Sales and Marketing Manager, Biometrics and Imaging from
1997 to 2000. Mr. Mungovan received his Master's degree in
Business Administration from Boston
College, his Master's degree in Engineering from
Worcester Polytechnic Institute and his
bachelor's degree in Physics from Boston College.
Bob Eckel, Aware's Chief
Executive Officer and President said, "We're pleased to name Rob as
the Chief Commercial Officer of Aware, leveraging his expertise and
industry knowledge to lead our strategic growth initiatives.
Over the past several years, Rob has played a key role in the
development of Aware's biometric software business and we look
forward to his continued efforts in promoting our leading biometric
software solutions in the government and the commercial
markets."
Mr. Mungovan said, "I'm excited to be taking on the role of
Chief Commercial Officer at Aware. I'm proud of the great
work the team at Aware has done in developing industry-leading
biometrics software solutions for governments, system integrators
and solution providers worldwide. We are well positioned to
bring our biometric solutions into the government and commercial
markets as more and more entities are recognizing the role
biometric software solutions play in improving their operations and
relationships with their customers, users and employees."
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.