BEDFORD, Mass., Sept. 3, 2020 /PRNewswire/ -- Aware, Inc.
(NASDAQ: AWRE), a leading global provider of biometrics software
products, solutions and services, today announced the release of
Knomi® D version 2.7.3—an enhanced version of the
on-device variant of Aware's market-leading Knomi product
offering.
Knomi is a mobile biometric authentication framework that uses
face and voice to enable secure and convenient multifactor
authentication without passwords. The version released today
completely enhances this framework on the mobile device. Designed
for those applications that may have inconsistent or limited
network connectivity, Knomi D ensures the greatest flexibility for
customers regardless of geographic location or network
availability. Consistent with the rest of the Knomi line, Knomi D
meets the most stringent requirements for privacy and security.
The Knomi D API design is the same as the widely used Knomi S
(server-centric) giving both the high-quality accuracy and
usability that users have come to trust from Aware.
"We are pleased to introduce an enhanced version of our
on-device solution, Knomi D," stated Rob
Mungovan, chief commercial officer at Aware. "We place a
strategic emphasis on offering our customers a flexible approach to
their facial recognition and authentication needs. This upgrade
furthers the Knomi line so that regardless of the implementation a
customer chooses—server-centric, browser-based or on-device—they
have the ability to balance passwordless security with convenient
usability."
The Knomi offering includes Aware's leading liveness detection
(anti-spoofing), which is designed to ensure that the facial image
or voice sample presented is that of a live human, and not a spoof
such as paper photos, digital stills, videos, masks, voice
recordings or synthetic speech.
More information about Knomi D, and the server- and
browser-based variants, can be found on Aware's product
webpage.
About Aware
Aware is a leading provider of productized biometrics software
products, solutions and services to governments, system
integrators, and commercial organizations and solution providers
globally. Our comprehensive portfolio of biometric solutions are
based on innovative, robust products designed explicitly for ease
of integration including customer-managed and integration ready
biometric frameworks, platforms, SDK's and services. They fulfill a
broad range of functions critical to secure biometric enrollment,
authentication, identity and transactions including face,
fingerprint, iris, and voice capture modalities, sample quality
assurance, data compliance, capture hardware peripheral and system
abstraction, centralized data processing and workflow, subsystem
connectivity, and biometric matching algorithms. The products and
solutions apply biometrics to enable identity-centric security and
know-your-customer ("KYC") solutions for applications including
financial institutions, retail, banking and payments, healthcare,
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) 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) part of our
future business is dependent on market demand for, and acceptance
of, the cloud-based model for the use of software: xii) 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; xiii)
our intellectual property is subject to limited protection; xiv) we
may be sued by third parties for alleged infringement of their
proprietary rights; xv) we must attract and retain key personnel;
xvi) we rely on single sources of supply for certain components
used in our hardware products; xvii) our business may be affected
by government regulations and adverse economic conditions; xviii)
we may make acquisitions that could adversely affect our results;
xix) we may have additional tax liabilities; and xx) we believe the
effects caused by the COVID-19 pandemic will likely have an adverse
impact on our revenue over the next several quarters.
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, 2019
and other reports and filings made with the Securities and Exchange
Commission.
Aware and Knomi are registered trademarks of
Aware, Inc.
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SOURCE Aware, Inc.