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Oct 19, 2017

Aware Introduces Knomi™, a Mobile Biometric Authentication Framework Offering Face, Voice, and Keystroke Dynamics

BEDFORD, Mass., Oct. 19, 2017 /PRNewswire/ -- Aware, Inc. (NASDAQ: AWRE), a leading global provider of biometrics software products and solutions, today introduced Knomi™, a mobile biometric authentication framework. It offers biometric SDKs that work in concert on a mobile device and server to enable password-free multifactor authentication. Several biometric modality options are currently available, including face recognition, voice recognition, and an innovative fusion of keystroke dynamics and face recognition applied simultaneously. Aware's biometric algorithms deliver top-tier accuracy and speed performance, and are complemented by multiple proprietary liveness detection techniques that use both passive and interactive methods to prevent several different types of spoof attacks. Voice recognition is the latest modality supported in Aware's Nexa™ family of biometric matching SDKs, joining fingerprint, face, and iris.

Knomi components can be selected a la carte to implement either a server-centric architecture—with centralized matching and template storage—or a FIDO® Certified solution, with secure storage and matching on the mobile device. Each SDK includes user interfaces that ensure fast and easy biometric capture and liveness detection for a positive user experience.

Knomi can be used by any organization that wants to make login through their mobile apps more convenient for their customers and employees. Banks all over the world are using their mobile apps to make their services more accessible, thanks in part to secure password-free login from virtually any mobile device.

"Knomi enables an extraordinary degree of flexibility for CISOs and users alike, with a variety of biometric modalities and architectures supported," commented David Benini, VP of Marketing & Product at Aware. "With its rigorous liveness detection mechanisms and innovative fusion of multiple factors, Knomi makes password-free authentication possible from just about any device or network without sacrificing security for convenience."

More information about the Knomi mobile biometric authentication framework is available on the product's webpage. Aware will demonstrate Knomi in the FIDO Alliance pavilion at Money 2020, taking place next week in Las Vegas.   

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, Nexa and Knomi are trademarks or registered trademarks of Aware, Inc. FIDO is a trademark (registered in numerous countries) of FIDO Alliance, Inc.

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SOURCE Aware, Inc.

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