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Aware and Intercede Team Up to Drive Progress in Securing Identities Globally
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Aware, Inc.
Wed, March 3, 2021, 9:00 AM
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AWRE
+1.55%
Partnership to Leverage Aware’s Biometric Expertise in Intercede’s Leading Cybersecurity Solutions
Digital Identity
The Aware-Intercede partnership is highly complementary and further strengthens the offerings of two best-of-breed companies in the rapidly expanding domain of digital identity.
The Aware-Intercede partnership is highly complementary and further strengthens the offerings of two best-of-breed companies in the rapidly expanding domain of digital identity.
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The Aware-Intercede partnership is highly complementary and further strengthens the offerings of two best-of-breed companies in the rapidly expanding domain of digital identity.
BEDFORD, Mass., March 03, 2021 (GLOBE NEWSWIRE) -- Aware, Inc., (NASDAQ: AWRE), a leading global provider of biometrics software products, solutions and services, announces a new partnership with Intercede, a leading cyber security solutions provider. By combining forces, both companies are poised to drive progress in securing peoples’ identities, and address today’s digital security concerns head on.
Aware and Intercede both understand the need for organizations to provide safe and simple access to their sensitive assets. As a leading global cybersecurity solutions provider, Intercede leverages Aware’s industry-leading biometric solutions including Astra™, AwareXM™ and PreFace™ in its MyID Credential Management System, a software platform enabling federal agencies and large enterprises to issue and manage digital identities, as well as issue smart-card based credentials that enable secure multi-factor authentication. By combining their cybersecurity and biometric expertise, Intercede and Aware will continue to protect enterprises, federal agencies and law enforcement against the rising threat of data breaches and identity theft.
“We are very excited to be partnering with Intercede,” said Bob Eckel, chief executive officer and president of Aware. “Intercede’s long track record of tackling digital identity challenges speaks for itself, and we are thrilled they will be incorporating some of our leading biometric products to further strengthen their two-factor authentication and protect their customers.”
This partnership marks the beginning of a five-year agreement between Aware and Intercede, with the option to extend. The two companies have already enjoyed a collective win, securing a contract with a United States federal agency to protect its most valuable assets from external attacks.
“Intercede and Aware are a natural fit,” remarked Klaas van der Leest, chief executive officer of Intercede. “By integrating Aware’s solution set into the MyID identity and credential management platform, our customers benefit from the highest levels of identity assurance delivered as an easy to consume commercial off-the-shelf solution. Aware enables the biometric features of MyID including ISO compliant face image capture and formatting for a smart card, ten-finger civil applicant enrollment, high speed one-to-many fingerprint duplicate checking to search for prior enrollments, and NIST MINEX compliant finger template generation for storage on a smart card as part of the personalization process.
Already evidenced by a major joint win, we expect the partnership to ensure Intercede is well positioned to meet the growing demand for high security digital identity solutions.”
MyID is a feature-rich credential management system (CMS) that enables organizations to deploy digital identities to a wide range of secure devices simply, securely and at scale. To learn more about the MyID cybersecurity solution, visit Intercede’s website.
The Aware-Intercede partnership is highly complementary and further strengthens the offerings of two best-of-breed companies in the rapidly expanding domain of digital identity.
To learn more about Aware’s industry-leading biometric identification and authentication offerings, visit Aware’s website.
About Intercede
Intercede is a cybersecurity company specializing in digital identities, credential management and secure mobility. Our vision is to make the highest levels of cybersecurity available to all organisations, solving complexity issues by simplifying the management of digital credentials, securely and at scale. We have been delivering trusted solutions to high profile customers for over 20 years. Our team of experts has deployed millions of identities to governments, most of the largest aerospace and defense corporations, and major financial services and healthcare organizations, as well as leading telecommunications, cloud services and information technology firms, providing industry-leading employee and customer credential management systems.
Why does John S. Stafford III and all his family still own so many shares in this compny that has done nothing all these years?
TIA
Aware Recognized as a Top Ten Multifactor Authentication Solution Provider by Enterprise Security Magazine
PR Newswire PR NewswireApril 24, 2018
Aware's Knomi™ mobile biometric authentication framework applies face, voice, and keystroke biometrics to reduce reliance on passwords for enterprise security
BEDFORD, Mass., April 24, 2018 /PRNewswire/ -- Aware, Inc. (AWRE), a leading global provider of biometrics software and solutions, today announced that it has been recognized by Enterprise Security Magazine as a Top Ten Multifactor Authentication Solution Provider of 2018. Biometric authentication is increasingly seen as the most promising path to reduce reliance on passwords for authentication, particularly where they are used to protect an organization's most sensitive data and assets.
"Passwords are a technology conceived for the computing environment of the 1960s, long before the Internet, and every data breach adds evidence that we are overdue for a more modern approach," commented David Benini, VP of Marketing and Product at Aware. "The security, processing power, and advanced sensors of today's mobile phones make them the ideal enabling technology for more secure multifactor authentication using biometrics."
Aware Knomi™ mobile biometric authentication framework applies face, voice, and keystroke biometrics to enable multifactor authentication using a mobile device, either as an alternative to passwords or as part of a step-up authentication scheme. Step-up authentication applies an additional level of security based either on the value of the protected asset, or on an assessment of user-centric risk factors. Knomi can apply multiple biometric modalities simultaneously to boost matching and liveness detection performance with minimal impact on user experience. It can be implemented with biometric data storage and matching occurring either on the mobile device or alternatively on the server.
A digital edition of the March issue of Enterprise Security Magazine is available online, and includes an article that highlights the Knomi solution. More information about Knomi can be found on Aware's website.
Aware will demonstrate Knomi at the connect:ID Expo and Conference, taking place in Washington, DC April 30th through May 3rd.
Company still sucks, why are they still public
Aware, Inc. Reports First Quarter 2018 Financial Results
PR Newswire PR NewswireApril 24, 2018
BEDFORD, Mass., April 24, 2018 /PRNewswire/ -- Aware, Inc. (AWRE), a leading global provider of biometrics software and solutions, today reported financial results for its first quarter ended March 31, 2018.
Revenue for the first quarter of 2018 was $2.9 million, a decrease of 30% compared to $4.2 million in the same quarter last year. Operating loss in the first quarter of 2018 was $0.7 million compared to operating income of $0.2 million in the first quarter of 2017. The decrease in revenue and resulting operating loss were primarily due to: (i) lower biometrics software license sales; (ii) lower service revenue, and (iii) no income from a patent arrangement that were partially offset by no cost of software licenses and lower cost of services.
Net loss in the first quarter of 2018 was $0.5 million, or $0.02 per diluted share, which compares to net income of $0.3 million, or $0.01 per diluted share, in the same period a year ago.
Kevin Russell, Aware's chief executive officer and president, said, "Our results for the first quarter were below our expectations. We have a number of opportunities that we are working on that we were not able to close in the first quarter. Our pipeline for 2018 looks promising, but we are unable to predict when opportunities will result in revenue. We continue to see interest in our product offerings in the government, commercial and mobile markets."
Aware also announced today that its Board of Directors has approved a program authorizing the Company to purchase up to $10 million of its common stock. The shares may be purchased from time to time in the open market or through privately negotiated transactions at management's discretion, depending upon market conditions and other factors. The authorization to repurchase Company stock expires on December 31, 2019.
NEWS
Aware, Inc. Reports Fourth Quarter and 2017 Financial Results
BEDFORD, Mass., Feb. 22, 2018 /PRNewswire/ -- Aware, Inc. (NASDAQ: AWRE), a leading supplier of biometrics software and services, today reported financial results for its quarter and year ended December 31, 2017.
Revenue for the fourth quarter of 2017 was $3.3 million compared to $3.9 million in the same quarter last year. Operating loss in the fourth quarter of 2017 was $0.5 million compared to operating income of $0.6 million in the fourth quarter of 2016. Net loss in the fourth quarter of 2017 was $0.6 million, or $0.03 per diluted share, which compares to net income of $0.5 million, or $0.02 per diluted share, in the same period a year ago.
The decrease in revenue and operating income in the current three month period compared to the corresponding period last year was primarily due to: i) lower imaging software license sales, ii) lower services sales, and iii) lower patent related income from an unaffiliated third party this quarter.
Revenue for the year ended December 31, 2017 was $16.3 million compared to $21.6 million in 2016. Operating income for 2017 was $1.8 million compared to $5.9 million in 2016. The decrease in revenue and operating income in 2017 compared to 2016 was primarily due to: i) lower biometrics license sales to the United States Marine Corps ("USMC") and the United States Navy ("Navy"), ii) lower imaging product license sales related to a $4.5 million license sale in 2015 that we recognized over the period October 2015 to October 2016 that was only partially offset by a large software license agreement with a medical imaging customer in 2017, iii) lower software maintenance revenue, iv) lower service revenue, v) no hardware sales, vi) lower DSL royalties; and vii) higher operating expenses. This was partially offset by: i) higher patent related income from an unaffiliated third party, ii) lower cost of software licenses; and iii) lower cost of hardware.
Net income for the year ended December 31, 2017 was $1.3 million, or $0.06 per diluted share, which compared to net income of $4.1 million, or $0.18 per diluted share in 2016. As a result of the enactment of the Tax Cuts and Jobs Act signed into law on December 22, 2017, net income in 2017 was $0.4 million lower due to higher income tax expense caused by the effect of the federal tax rate change on our deferred tax assets.
Kevin Russell, Aware's chief executive officer and president, said, "2017 was a year of investment in new products and technology areas in order to further enhance our position as a leading global supplier of biometrics software and solutions. In 2017, we introduced Indigo|Onboard™, a cloud-based biometric identity solution for better onboarding and Knomi™, a mobile biometric authentication framework offering face, voice and keystroke dynamics. We also added solutions for new biometric modalities in voice and behavioral (keystroke) biometrics to our existing fingerprint, face and iris offerings. While our revenue results for the year were lower than we hoped for, we continue to be encouraged by the interest in and the worldwide opportunities for our biometric solutions in the government, commercial and mobile markets in the future."
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) our intellectual property is subject to limited protection; xi) we may be sued by third parties for alleged infringement of their proprietary rights; xii) we must attract and retain key personnel; xiii) we rely on single sources of supply for certain components used in our hardware products; xiv) our business may be affected by government regulations and adverse economic conditions; xv) we may make acquisitions that could adversely affect our results, and xvi) 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, 2016 and other reports and filings made with the Securities and Exchange Commission.
Aware is a registered trademark and Indigo|Onboard and Knomi are trademarks of Aware, Inc. Any other trademarks appearing herein are the property of their respective owners.
AWARE, INC.CONSOLIDATED STATEMENTS OF INCOME(In thousands, except per share data)(unaudited)
Three Months EndedDecember 31,
Year EndedDecember 31,
2017
2016
2017
2016
Revenue:
Software licenses
$1,607
$1,836
$9,939
$14,093
Software maintenance
1,301
1,377
4,923
5,126
Services
335
687
1,259
1,749
Hardware
-
-
-
317
Royalties
43
29
161
281
Total revenue
3,286
3,929
16,282
21,566
Costs and expenses:
Cost of software licenses
-
-
274
1,101
Cost of services
102
249
601
766
Cost of hardware
-
-
-
234
Research and development
1,885
1,734
7,769
6,938
Selling and marketing
1,002
1,042
4,021
4,142
General and administrative
934
834
3,389
3,286
Total costs and expenses
3,923
3,859
16,054
16,467
Patent related income
159
571
1,582
809
Operating income (loss)
(478)
641
1,810
5,908
Other income
-
-
36
-
Interest income
120
65
401
280
Income (loss) before provision for income taxes
(358)
706
2,247
6,188
Provision for income taxes
222
246
965
2,085
Net income (loss)
($580)
$460
$1,282
$4,103
Net income (loss) per share – basic
($0.03)
$0.02
$0.06
$0.18
Net income (loss) per share – diluted
($0.03)
$0.02
$0.06
$0.18
Weighted-average shares – basic
21,559
22,515
21,814
22,829
Weighted-average shares - diluted
21,636
22,611
21,877
22,898
AWARE, INC.CONDENSED CONSOLIDATED BALANCE SHEETS(In thousands)(unaudited)
December 31,
2017
December 31,
2016
ASSETS
Cash and investments
$51,608
$52,864
Accounts receivable, net
2,401
3,016
Property and equipment, net
4,304
4,634
Deferred tax assets
5,402
1,078
All other assets, net
221
392
Total assets
$63,936
$61,984
LIABILITIES AND STOCKHOLDERS' EQUITY
Accounts payable and accrued expenses
$1,352
$1,210
Deferred revenue
2,932
2,933
Total stockholders' equity
59,652
57,841
Total liabilities and stockholders' equity
$63,936
$61,984
https://c212.net/c/img/favicon.png?sn=NE21040&sd=2018-02-22 View original content:http://www.prnewswire.com/news-releases/aware-inc-reports-fourth-quarter-and-2017-financial-results-300602826.html
SOURCE Aware, Inc.
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weren't you touting this stock some 4000 points ago
Was that you selling your 1500 shares this am
Hey Moonshot
Sounds like you really have this one figured out.
Is there anyway I can subscribe to your insight on a regular basis?
YeeHaaa!
The Market Makers can't keep the PPS contained forever; and the sellers are all dried up.
The spring compresses.
Still working for USCBP. Funding added Nov 24 $256,226.00
Biometric Facial Recognition will play a huge part in Artificial Intelligence going forward.
It's been: 'Higher highs', and 'higher lows' ever since a trading range trend started on 30 October 2017.
The float is dissipated, evaporated, gone!!! Insiders bought higher than $4.55 a share.
AWRE is poised for upside. I'm expecting a breakaway push any day now. The PPS has been trading in a Bollinger Band tunnel for three (3) weeks... The price has got to breakout soon.
could you please tell me what was there last good press release ?
AWRE float = 13.57 million shares, and {{{s~h~r~i~n~k~i~n~g}}}
Oh, and don't forget: A good press release could increase valuation "rather quickly" considering the fact.
A VERY win-win scenario for shareholders in my opinion.
02 November 2017... With today being included into the count: There are exactly forty-two (42) trading days left for AWRE management to spend $2.1 MILLION DOLLARS in the open market, on their 'share buy back' program.
It doesn't get any better than that for shareholders.
At the end of this accumulation period... The float will be so thin, that a 1,000 share (or higher) purchase will more likely than not, cause the PPS to move.
Do the math:
$2,100,000.00 ÷ $5.00 a share (nearest whole dollar) = 420,000 shares!!!
Tick tock goes the clock. Shorts are screwed in the pooch here with AWRE. If any are even left!
The only game-playing puppet master to deal with is the Market Maker(s), and even they don't have much to work with, as the already teeny-tiny AWRE float keeps getting smaller & smaller with every chunk of shares that get repurchased by AWRE Incorporated.
BAM!!!
"Elevator up"
"Amateur boiler room Shortie"... You and your 15 posts: All of your B/S in this stock's rearview mirror.
Elevator up!
Average daily volume 22K shares.
100 K$ per day. My paperboy is moving this stock,
Good luck with your bullocks bands.
Today's attack in NYC should increase facial recognition sales. An ounce of prevention is worth a pound of cure.
AWRE is in play.
Technical Analysis reflects upside breakout. A tight Bollinger Band squeeze has been in effect. The PPS should move up from here. MACD and Stolchastics are extremely bullish. AWRE is significantly ***oversold*** according to On Balance Volume (OBV).
His info may not be valuable to you, but alas it is all true
You're so F.O.S.
Right out out a comic book with your whopping total of fourteen (14) posts, of which 13 are all anti AWRE Incorporated... It paints a picture of 'disgruntled'. Regardless of that though, you've definitely written what appears to be libellous comments with intent to damage an individual's reputation, and a company, on a public stock forum.
Get back in your clown car, and go back to the big top.
Ridiculous, childish B/S is all that you spew. None of it, nothing that you've written since you popped your head up on this thread last week is valuable information.
Go get a life.
In terms of evaluating present business climate for Aware, Biometric Software License sales and Software maintenance are on a multi-qtr decline. Core business is sick.
This should be expected given the lack of vision and leadership at Aware.
Aware constantly violates the letter and spirit of Fair Disclosure rules.
You flippantly dismiss it. I'd like to see some accountability and enforcement.
Perhaps you are an insider that enjoys the ability to trade against external market that is kept in the dark.
How many times does Aware announce a contract sale of product that has material impact on a quarter only at the time of reporting the quarter.
That means they keep that information from the public and all to themselves so they can trade. Stafford has divested into "dark accounts" , managed by A custodian and skirting reporting requirements.
Their former Co-CEO violated the Corp code of ethics by using material non-public information for his own personal benefit in April of 2012 when he exercised several hundred thousand share options on the eve of Aware's biggest announcement ever. The current CEO violated his duty as the Chief Compliance Officer by looking the other way as shareholders formally questioned the transaction. Aware mgmt never addressed this issue with their shareholder. Just maintained their policy of not speaking to shareholder. Last quarterly CC was 6 yrs ago.
I'm an AWRE shareholder. I don't feel abused in the least. Infact, I'd like to have another whopper of a dividend like the last two (2), which Aware Incorporated paid out to it's shareholders in the past.
Goose is the nickname given to John Stafford in recognition to an old tradition at his fraternity at Davidson College. Each year they would bludgeon a goose to death, they eventually lost their Davidson chapter.
If you look into Stafford's other board's that he has been apart of you will see a sea rise of law suits that allege he misuses his inside advantage at the expense of his fellow shareholders. Study his personality and past behavior, he likes to bludgeon shareholders like the old goose tradition.
Look into :
1)the sale of an options trading firm to TD Bank - multiple law suits
2) sale of the Unbreakable Lock Company
3) secondary offering for Xencor Inc (XNCR)
Study who you are dealing with. Long history here of poor treatment of shareholders both in and outside of Aware Inc.
You are obviously new and nieve to this company.
I prefer to watch the AWRE PPS move to $5.50+, $6.50+, $7.50+
There's exactly $2.1 million more dollars for management to spend on buying back shares before 01 January 2018, according to the latest 10-Q.
The deadline is the best part, because that's just two (2) more months left to get the entire buy-back completed.
Let's do the math:
$2,100,000.00 ÷ ($5.00 a share)
= 420,000 shares.
*** All of them being taken off the open market float mind you. Therefore making this stock an easy gainer with each & every share that management purchases... Which further thins out the float even more!!!
Good luck FD_fox. Full disclosure just came out with the 3rd Quarter 10-Q. That's ALL that matters.
A real scorcher today. With the exception of a few lightning strikes, Aware has lost out to watching paint dry in my list of exciting things.
FD stands for Fair Disclosure. Something that JohnStafford 's mother never taught him.
Do some research and learn why John Stafford has a nickname: Goose
Bollinger Band squeeze on AWRE.
Predicting breakout to the upside... MACD crossover the meanline took place on Monday. Add Stolchastics bullish reading, plus On Balance Volume signifying that AWRE is extremely OVERSOLD, and you have 3rd degree burns if you're shorting this stock.
It's 'addios amigo' crispy critters, if you're betting against AWRE... And my GAWD, if management is still buying back shares to reach the $10 million that they had to spend: Ouchie! Then I REALLY feel sorry for your scorching, FD & Paullee.
NOT!!!
AWRE going up!
FD...?
Fire Department???
You're gonna need plenty of water today to douse yourself in. Pre-market futures are up huge. Close that short position now, while you can, before your money gets burned to a crisp.
AWRE elevator up!!!
Don't get your crystal balls busted X man?
Aware is a lemonade stand as far as revenue production is concerned.
Not involved with the Biometric rollouts in progress. As I said, maybe that they are lying in the bushes to pounce on an IP infringement, but based on their prior record, witness the Hybrid Audio cases, they will probably botch that approach.
I hope you boys are not short on that earnings report. You're gonna eat a brokerage call if you are. The quarterly was already baked into $4.45 a share. Now, two (2) days late, it's at $4.60 a share and climbing (leaning on the ask), with On Balance Volume at -350 to -375 million shares & closing that gap. Stolchastics convergence to the upside as well!
You can't stop the upside momentum, but you can join the ride.
Paullee...
You may not like what I'm telling you, but you're gonna have to lump it. You're on the wrong side of this trade. It's not selling off. Knomi was a big hit at Money 20/20. I know that for a fact.
Wipe off your crystal ball. The PPS is headed up. Don't take it personal. AWRE is "oversold". See you above the 5 line... That's what my crystal ball says.
and i'm sure you will be saying the same thing five years from now, at the same price
82 employees is a small cap. Knomi came out right on time. I agree with you that AWRE is positioned perfectly to be sold... High cash position, government contract portfolio, patents, etcetera. Still waiting on the 10-Q. Should be any day now.
AWRE is oversold. The float is thin, and sellers are not bombarding the market here.
I'm buying, because I see both value & upside from $4.50 a share.
I can answer part of your thought. Aware will not be buying anyone. They are certainly positioned for a sale or a patent infringement law suit.
This company does only enough business to keep the lights on. They have zero leadership and make no effort to market or grow. Biometric implementations are ramping up,but not at Aware. They have zero capital investment. Aware is sitting waiting in the bushes for many, many years. Their biggest risk is passive obsolescence.
No way will John Stafford risk his cash on Kevin Russell buying another company. Kevin Russell would be unemployed if not for his job at Aware. He has done nothing in over a decade of leadership responsibility at Aware. He is a null placeholder , Not what a dynamic growth company needs. Aware is very much a sideline spectator waiting for its day. I believe the day when they bring suit to the industry for violating jpeg2000 or something like that. Just hope they manage that better than the MP3 technology.
FD_rox...
The sales will come. They have to, in order to protect all Federal & State Government facilities, schools, the streets of Washington D.C., the streets of LasVegas, train and subway terminals across the country, airports prior to entry at terminals & parking facilities, bus terminals and ferry terminals... The same way that police in D.C. are random scanning license plates of parked vehicles as they drive around town: Biometrics are one of the most valuable lines of defense.
Steve Wynn's Casino made a multi-million dollar security upgrade whereas the Mandalay Bay did not. It's a much more dangerous world that we're living in now.
AWRE is already established. They have government approved credibility.
I suspect AWARE will either buy, or get bought. Their balance sheet is clean and ready for either scenario. This company is a value play in it's industry.
I'm resting easy, and prepared to buy on a drop to the 5 year low, IF IT HAPPENS, but I don't expect to get so lucky.
Its inspiring quotes from the CEO that give me the most hope for a bright future. Especially when he uses language that says "Our ongoing strategy" is to keep doing what we have always been doing. Why not?? It has worked great so far.
Kevin Russell, Aware's chief executive officer and president, said, "The financial performance of our business was stronger then in the second quarter. Revenue and operating income were lifted by a large license sale to a medical imaging customer as well as continued business from significant government customers. We continue to make investments in our commercial/mobile business as evidenced by the introduction last week of our Knomi™ mobile authentication framework. Knomi utilizes face, voice, and keystroke dynamics to enable multi factor biometric authentication from mobile phones. Our ongoing strategy is to serve as the high quality, expert technical provider of biometric software solutions and services into the government and commercial/mobile markets."
We will know more detailed info when the "10-Q" is filed.
From the 2nd Quarter, there were $2.7 million left to spend (of the $10 million dollars authorized) for that share buy-back program... Further lowering the float.
Aware is still cash heavy (keeping their position around $50 mil). Cash = Versatility. Be it R&D, Knomi sales push, or acquisition money.
The short interest has dropped significantly for a reason... Because from the 4 to 5 line it's FMV.
AWRE is a reliable government contract fulfillment company. * Knomi is a strong venture aimed at public sales, and launched right on time I might add.
Revenues will increase, EPS will increase, and the PPS will move easier with less shares available.
Meat & potatoe's are on on the way. This company has issued dividends in the past, after large contract acceptance. Do your homework.
I am buying with confidence if the price drops. Know value when you see it, and know that consolidation in the Biometrics field is a necessity to compete. AWRE is already established.
No fear here.
Could have been a lot worse Paullee
Looks like the Fox was correct. They disappoint again, can't wait to hear their explanations on their conference call! What time are they holding that ?
FiveX you will learn today around 5:05 PM why no one else is chatting with you about Aware. There has been no attempt by this company to articulate a strategy to grow earnings. The lack of public plan has been accompanied by a long history of non-achievement. So no plan or direction has lead them to nowhere.
So Aware has developed what appears to be a relevant product in the "Knomi" release. What was the last contract you heard they won or were working on?
Did you listen to the last conference Call?
6 years ago!!!
After 5.5 years they fired one of the 2 interim co-CEO's that got appointed way back then.
This company is without leadership or vision. Closely held by the Stafford family members who have not always been kind to their co-shareholders. Your beef should not be with all the dummies that don't know about Aware. Your beef should be with Aware BoD and Mgmt for not transforming this company's technology into a robust growth business.
I cannot F'in believe that I'm the only iHubber that's on this train. Doesn't anybody read anymore???
The writing is on the wall. Our cell phones are our new wallets. Biometrics is an integral part of that secure system.
Knomi is gonna rock the Casbah. If U.S. financial institutions adopt it as the industry standard, hang the "F" on to your hats.
It's Miller time. BAM!!!
Elevator up???
Bye-Bye currency notes & coins... Hello "Knomi" & digital payment systems! The future of money is quicker identification and access via biometrics, and 100% monitored transactions.
Knomi is right on time!!!
AWRE's new "Knomi" all the rave at the Money 20/20 Convention in LasVegas this week??!!
AWARE has a nice cash position.... Plus insider buying until December of 2017!!! Every country with Islamic immigrants needs B.F.R. technology + continuous security upgrades.
Management: Please buy "IWSY". The time is right to make AWRE bigger and better.
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Company Overview
Aware has been a leading innovator of advanced signal processing technologies since its founding in 1986. Processing and analysis of digital data and image "signals" has vital applications in a diverse range of large and growing industries, including telecommunications, biometrics, and medical imaging. Aware has been successful in providing products and services around our core signal processing expertise to address these diverse markets. While the applications of Aware's technologies are varied, there is a high degree of commonality across our product lines in terms of functionality requirements and architecture. Our products perform advanced processing and analysis of digital data and images and then distribute the results in various ways throughout a client/server network.
Aware's Biometrics & Imaging Group provides biometrics software products and services that address a variety of security applications including law enforcement, border management, national defense, secure credentialing, and access control (see Markets). Our medical imaging software products enable the transport and viewing of diagnostic medical images like x-rays and CAT scans. Our advanced imaging software products address image and data processing and distribution applications across a diverse range of industries.
Aware's DSL Service Assurance Group offers test and diagnostics software and hardware products that enable broadband service providers to manage their DSL networks. Operators use our centralized Line Diagnostics Platform software to reduce operational costs, extend service reach and improve the quality of their IPTV service. Suppliers of DSL testers and probes use our Embedded DSL Test Hardware for verification and troubleshooting of DSL access and home networking services.
Management
Richard P. Moberg
co-Chief Executive Officer & co-President
Chief Financial Officer
Chief Financial Officer Rick Moberg has more than 30 years of financial experience, with 23 of those years as a senior financial executive in the technology industry. Mr. Moberg first joined Aware in 1996 and was responsible for completing the company's IPO in addition to managing all administrative functions including investor relations, legal, tax and treasury, IS and HR. After seven years with the company, Mr. Moberg left Aware in 2003 and served as CFO for Crossbeam Systems for several years before rejoining Aware as CFO in early 2008. Prior to Aware in 1996, Mr. Moberg spent six years at Lotus Development Corporation where he started as director of financial services and departed as corporate controller. Before Lotus, he served as vice president of finance and administration at Crystal Products, Inc. and treasurer and CFO at Foster Medical Supply, Inc. Mr. Moberg holds a B.B.A. from University of Massachusetts, Amherst and an M.B.A. from Bentley College.
Kevin T. Russell
co-Chief Executive Officer & co-President
General Counsel
Kevin T. Russell has been Aware's co-chief executive officer and co-president since April 1, 2011. He has served as Aware's general counsel since September 2005. Mr. Russell previously served as Aware's corporate counsel from April 2000 to September 2005. Prior to joining Aware, Mr. Russell served as legal counsel at IRIS Graphics, Inc. from November 1994 to April 2000. Mr. Russell received a J.D. from Boston University School of Law and a B.B.A. from the University of Massachusetts at Amherst.
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