Aware, Inc., a leading global provider of biometrics software
products, solutions and services, has acquired the AFIX™ suite of
biometric products from Maxar Technologies. The addition of AFIX,
which provides turnkey face and fingerprint biometric matching and
forensic analysis software for small and medium-sized law
enforcement and government agencies, extends the Aware ABIS product
family.
With the AFIX product line and expertise, Aware is positioned
for growth across a broad segment of ABIS customers, including
small to large government agencies and enterprises across multiple
verticals.
“Customers that have relied on Aware to provide the most
full-featured, flexible, reliable and durable biometric security
and forensic technologies on the market are asking for more choices
in how the solutions are aligned to fit their individual needs,”
said Robert Eckel, CEO of Aware. “Our purchase of the AFIX line of
biometric solutions gives us the ability to grow and serve a much
broader customer base seeking everything from small, customized
solutions to enterprise implementations that can scale to millions
of identities.”
The global market for biometric technology is growing at nearly
20 percent per year as vertical industries in public, private and
commercial sectors struggle to counter security threats. Government
agencies of all sizes have been particularly active biometrics
users for many use cases, including passenger processing, law
enforcement, and civil registries for identity card issuance, voter
registration and benefit disbursements. The combination of AFIX
with AwareABIS™ and Aware’s Astra™ enables quick turnkey
deployments or customized solutions to keep communities safe – no
matter their size.
Complete Family of Offerings for ABISWith the
acquisition of AFIX, Aware now offers a complete family of
offerings for ABIS across civil use cases and law enforcement,
offering solutions and resources for any sized community.
Specifically, this includes:
- AFIX systems,
which have been installed in more than 500 sites across the U.S.
and in more than 25 countries. The AFIX Tracker™ – an automated
fingerprint, palmprint and latent print identification solution –
is most often used in crime scene investigation applications. Most
users are individual communities with populations of between 15,000
and 2 million, including sheriff’s offices in Polk County, Fla.,
and Harrison County, Miss.; and police departments in Denton,
Texas, and Tuscaloosa, Ala.
- AwareABIS, used
for large-scale biometric identification and deduplication,
provides fingerprint-, face-, and iris-based search, biometric
deduplication, civil identity proofing, national ID confirmation
and border management, with individual
deployments serving between
2-30 million identities or more. AwareABIS leverages
BioSP™ (Biometric Services Platform), Aware’s market-leading
workflow and integration server to achieve unsurpassed
configurability and ease of integration to existing IT
infrastructures. It utilizes Aware’s high-performance, NIST-tested
Nexa™ face, fingerprint, and iris matching algorithms, as well as
top-tier fingerprint algorithms from trusted partners. AwareABIS is
fast, scalable, and fault tolerant.
- Aware’s Astra is
the scalable, fault tolerant, configurable matching subsystem that
provides the speed and accuracy of the AwareABIS platform. For
commercial partners that provide their own business processes and
workflows, Astra in stand-alone mode is the ideal way to plug high
speed and accurate finger, face, iris and voice verification and
identification into their solution offerings.
“The AFIX team is thrilled to join Aware,” said Scott Howard,
director, AFIX. “Aware’s technologies have been an integral part of
AFIX biometric identification products from the beginning. Our
combined experience of more than fifty years of development and
delivery of industry-leading biometric identification and
verification technologies provides the catalyst for both the
enhancement of existing products and the creation of new solutions.
United through a common dedication to providing unsurpassed
biometric solutions and mission-critical support to our clients,
the AFIX team looks forward to new opportunities for growth,
innovation, and strength as part of Aware, Inc.”
A group of entrepreneurs established AFIX in 1989 in an effort
to serve an emerging market for Automated Fingerprint
Identification Systems (AFIS) technology that operated on personal
computers. Research into solutions that would serve a national
firearms control system led to the introduction of the AFIX Tracker
in 1998. Radiant Solutions, a Maxar Technologies company, later
purchased AFIX, and in 2018 the company introduced facial
recognition technology into the AFIX Tracker.
To learn more about the AwareABIS product family, visit Aware’s
product webpage.
About AwareAware, a global leader
in productized biometrics software products, solutions and
services, provides critical biometric functionality to
collect, manage, process, and match biometric images and data for
identification and authentication. With their decades-long
experience, Aware leads the market in liveness detection and
multi-modal fusion to protect client and business processes through
fingerprint, face, iris, and voice matching algorithms, mobile
biometric capture and authentication software, a biometric workflow
and middleware platform, and a fully-scalable ABIS. Their
device-agnostic, integration-ready, and customer-managed products
enable ease-of-use for enterprises to empower individuals to own
their identities. Aware serves customers across a multitude of
industries, including financial services, enterprise security,
healthcare, human resources, citizen ID, border management, law
enforcement, defense, and intelligence. Aware is a publicly held
company (Nasdaq: AWRE) based in Bedford, Massachusetts.
To learn more, visit https://www.aware.com or follow
Aware on Twitter @AwareBiometrics.
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, of us broadening our customer base
as a result of acquiring the AFIX suite of biometric products, 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 like our acquisition of the AFIX suite of
biometric products, which could adversely affect our results or
which may not achieve the results we are expecting, 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, AFIX and AFIX Tracker, are registered
trademarks of Aware, Inc.
CONTACT |
Company Contact |
|
Investor Contact |
Gina Rodrigues |
|
Matt Glover |
Aware, Inc. |
|
Gateway Investor Relations |
781-276-4000 |
|
949-574-3860 |
grodrigues@aware.com |
|
AWRE@gatewayir.com |
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/3f705529-1abf-40cd-a1dd-1ddc167ca9a6
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