BEDFORD, Mass., May 19, 2020 /PRNewswire/ -- Aware, Inc.
(NASDAQ: AWRE), a leading global provider of biometrics software
products, solutions and services, today announced the release of
Knomi version 2.6, a market-leading mobile biometric software
product. This new version will equip Aware customers with robust
passive facial liveness and authentication combined with an
additional voice biometric capability – speaker recognition – to
provide secure, cost-effective, and convenient access to
applications and networks.
Biometric authentication technologies continue to rapidly evolve
as more organizations seek to add security while reducing friction.
Most two-factor authentication technologies that work to secure
identities continue to rely on passwords for user verification.
Insecure passwords can lead to security breaches, stolen data, and
high management costs with nearly half of all help desk tickets
submitted for password resets. With Knomi 2.6, face and speaker
recognition are combined into a single platform, providing
customers with unique capabilities to deploy multifactor
authentication with the convenience of biometrics to enable more
secure mobile onboarding and authentication.
"We are excited to introduce this truly unique product to the
market," said Rob Mungovan, Aware's
Chief Commercial Officer. "It's a significant advancement in
the ongoing pursuit of strong, secure, passwordless authentication.
With Knomi 2.6, our customers can authenticate users through their
face or their voice. Additionally, both biometrics can be
implemented in a fused approach to ensure a super strong, difficult
to repudiate, passwordless authentication. We believe the
combination of face plus voice biometrics, with face liveness and
voice liveness, make Knomi 2.6 a one-of-a-kind-offering."
Knomi 2.6 includes algorithms for voice "liveness," or
anti-spoofing, which is designed to analyze the spoken phrase to
ensure it originates from a live human and is not a recording or
synthetically generated voice presented by a machine or device – a
very similar technique used for Knomi's market proven advanced
facial liveness. Knomi 2.6 enables a system to associate a spoken
phrase to a specific person in a process similar to face
recognition supporting any language, phrase or sentence to verify a
user's identity.
"We know firsthand that managing security without compromising
privacy is key to our customers, and Knomi 2.6 mobile biometric
enrollment and authentication makes the promise possible," said
Mohamed Lazzouni, Chief Technology
Officer at Aware. "Using face and voice liveness detection running
on the user's device, Knomi 2.6 raises the bar on protecting user
privacy and security against presentation attacks, with the
convenience of taking a selfie and recording a voice memo. An
advanced architecture that uses minimal on device software while
retaining key processing on the server helps both users and
administrators take full advantage of the technology while keeping
the management overhead of the platform low, easy to maintain, and
highly adaptable to customer needs."
Knomi is a mobile biometric authentication framework that
applies a variety of biometric algorithms to enable more secure and
convenient mobile onboarding and passwordless authentication
experience. Its web services and mobile device SDKs work in concert
to perform biometric capture, liveness detection, and matching,
with face and voice modalities supported.
More information about Knomi is available on the 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.
View original
content:http://www.prnewswire.com/news-releases/aware-combines-face-and-voice-in-latest-knomi-version-2-6-release-301061758.html
SOURCE Aware, Inc.