Aware Inc   (AWRE)
Other Ticker:  
    Sector  Technology    Industry Software & Programming
   Industry Software & Programming
   Sector  Technology
Price: $1.8900 $0.01 0.532%
Day's High: $1.93 Week Perf: 2.72 %
Day's Low: $ 1.84 30 Day Perf: 22.73 %
Volume (M): 63 52 Wk High: $ 2.06
Volume (M$): $ 119 52 Wk Avg: $1.59
Open: $1.93 52 Wk Low: $1.05

 Market Capitalization (Millions $) -
 Shares Outstanding (Millions) -
 Employees 68
 Revenues (TTM) (Millions $) -
 Net Income (TTM) (Millions $) 1
 Cash Flow (TTM) (Millions $) -22
 Capital Exp. (TTM) (Millions $) 1

Aware Inc

Aware, Inc. is a leading provider of software and services to the biometrics industry. We have been engaged in this business since 1993. Our software products are used in government and commercial biometrics systems to identify or authenticate people. Principal government applications of biometrics systems include border control, visitor screening, law enforcement, national defense, intelligence, secure credentialing, access control, and background checks. Principal commercial applications include: i) user authentication for login to mobile devices, computers, networks, and software programs; ii) user authentication for financial transactions and purchases (online and in-person); iii) physical access control to buildings; and iv) screening and background checks of prospective employees and customers.

Our products provide interoperable, standards-compliant, field-proven biometric functionality and are used to capture, verify, format, compress and decompress biometric images as well as aggregate, analyze, process, match and transport those images within biometric systems. We sell a broad range of software products for fingerprint, facial, iris, and voice modalities. We also offer a variety of software engineering services, including: i) project planning and management; ii) system design; iii) software design, development, customization, configuration, and testing; and iv) software integration and installation. We sell our biometrics software products and services globally through systems integrators and OEMs, and directly to end user customers.

Aware was incorporated in Massachusetts in 1986. We are headquartered at 40 Middlesex Turnpike in Bedford, Massachusetts, and our telephone number at this address is (781) 276-4000. Our website address is www.aware.com. The information on our website is not part of this Form 10-K, unless expressly noted. Our stock is traded on the Nasdaq Global Market under the symbol AWRE.

Biometrics is the measurement of unique, individual physiological characteristics, such as fingerprints, faces, irises, and voices that can be used to determine or verify an individual’s identity. The biometrics industry offers technology that digitally captures and encodes biometric characteristics and then compares those characteristics against previously encoded biometric data to determine or verify an individual’s identity. Biometrics addresses the limitations inherent in traditional identification and authentication processes, such as paper credentials, passwords, PIN codes, and magnetic access cards.

The biometrics industry provides solutions for a broad range of government and commercial applications. Principal government biometrics applications include border control, visitor screening, law enforcement, national defense, intelligence, secure credentialing, access control and background checks. Principal commercial applications include: i) user authentication for login to mobile devices, computers, networks, and software programs; ii) user authentication for financial transactions and purchases (online and in-person); iii) physical access control to buildings; and iv) screening and background checks of prospective employees and customers.

We believe that government and commercial entities will continue to adopt and expand the use of biometrics-enabled solutions to address the limitations and vulnerabilities of traditional identification and authentication processes. We believe the following factors, among others, will contribute to the growth of biometrics solutions: i) government-mandated implementation of identification for employees, citizens, and foreign nationals to enhance national security; ii) military implementations for the identification of terrorists and other hostile persons; iii) increasing threats to personal security encountered in areas such as transportation; iv) government and commercial efforts to detect and reduce fraud and cybercrime; v) adoption of biometrics on mobile devices; and vi) the emergence and adoption of international biometrics standards.

The biometrics industry may be segmented into government and commercial sub-markets. While these markets are similar in many respects and share similar characteristics and technology, certain aspects of the markets are different. We believe that this market-based distinction is important to an understanding of Aware’s business as the vast majority of our revenue is currently derived from government customers.

Software products

We sell a broad range of biometrics software products that enable important functions in biometrics systems, including:

1. Enrollment, analysis, and processing of biometric images and data on workstations or mobile devices.
2. Integration of peripheral biometric capture devices.
3. Centralized workflow, transaction processing, and subsystem integration.
4. Matching of biometric samples against biometric databases to authenticate or verify identities; and
5. Analysis and processing of text-based identity data.

Our biometrics software products range from discrete software blocks, such as software development kits (“SDKs”) that customers can use to develop their own solutions to more complete applications that customers can use to reduce or eliminate their development times. Our products are described below.

1) Biometric Platforms


AwareABIS is an Automated Biometric Identification System (ABIS) used for large-scale biometric identification and deduplication using fingerprint, face, and iris recognition. It is a highly scalable platform that performs one-to-many search or one-to-one match against large stores of biometrics and other identity data. It does so by deploying biometric data and matching algorithms across a cluster of multiple computing nodes. Extremely large biometric databases (tens of millions of records) cannot be stored or efficiently searched on a single computer. Distributing the data and biometric comparison tasks across multiple machines enables even extremely large databases to be searched in only seconds. AwareABIS enables not only massive biometric search tasks but complex filter, search, match, and link operations critical to data preparation and quality assurance functions such as identity resolution and data deduplication. AwareABIS is built upon several mature, high-performance, field-proven applications, platforms, and algorithms from Aware. Components are available a la carte depending on the application and system requirements.

Biometric Services Platform - BioSP™

Our Biometric Services Platform product is called BioSP. BioSP is a service-oriented platform used to enable a biometric system with advanced biometric data processing and management functionality in a web services architecture. It provides workflow, data management and formatting, and other important utilities for large-scale fingerprint recognition, face recognition, and iris recognition systems. BioSP is well suited for applications that require the collection of biometrics throughout a distributed network, and subsequent aggregation, analysis, processing, distribution, matching, and sharing of data with other system components. BioSP is modular, programmable, scalable, and secure, capable of managing all aspects of transaction workflow including messaging, submissions, responses, and logging. BioSP makes extensive use of open-source components and is J2EE-compliant.

Cloud-Based Matching Platform - Astra™

Our cloud-based marching platform product offering is called Astra. Astra is used for large-scale fingerprint recognition, face recognition, iris recognition, and text-based name matching and identity resolution. It is a highly scalable biometric identification and authentication platform that performs one-to-many search or one-to-one match against large stores of biometrics and other identity data. It does so by deploying biometric and text data and matching algorithms across a cluster of multiple computing nodes.

2) Biometric Search and Match

Biometric Search and Match SDKs

Our line of biometric search and match SDKs is call Nexa™ and it includes Nexa|Fingerprint™, Nexa|Face™, Nexa|Iris™ and NexaVoice™. These products provide high-performance biometric algorithms for fingerprint, facial, iris and voice identification or authentication. The algorithms in these products convert images into biometric templates, which can then be compared to templates stored in databases to find matches.

Each Nexa SDK can be deployed on a workstation or a server, either as a standalone biometric search/match API, or in combination with our other SDKs, applications, BioSP, or Astra products. Our SequenceCheck, PreFace, and IrisCheck SDKs may be used in concert with Nexa libraries to perform optional quality assurance and preprocessing for enhanced fingerprint, face, and iris search and match functionality.

Interoperable Fingerprint Matching SDK

Our product offering in this category is called AwareXM™. AwareXM is an SDK that provides MINEX-certified, INCITS 378-compliant fingerprint minutiae extraction, template generation, and fingerprint authentication.

3) Text Search and Identity Analytics SDKs - Inquire™

Inquire is a software development kit that performs fuzzy text-based filtering, searching, matching, and linking functions towards discovery of useful information in identity data. Analysis of text-based identity data is naturally complementary to biometric verification and identification, and Inquire is optimized for processing and analysis of data that includes biometrics.

Inquire provides many advanced text matching comparison algorithms and flexibility in how matching algorithms behave (e.g. thresholds, data definitions). It can be used to perform advanced analysis of text-based identity data for several useful investigative applications including data analysis and quality assurance, data integration, identity resolution, and link analysis. Inquire is fully scalable, with infrastructure that automatically determines processing resources and optimizes their utilization.

4) Biometric Applications

Our products in this category combine user interfaces with multiple Aware software products to create more complete applications that operate on client workstations or mobile devices. We have four types of biometric application products, including:

Enrollment – Fingerprint, Face, and Iris

Our enrollment application products include Universal Registration Client (“URCTM”) and WebEnroll.

· URC is a configurable Windows-based enrollment application that performs a variety of biometric data capture, analysis, matching, formatting, and hardware abstraction functions.

· WebEnroll is a browser-based enrollment application available as an option with BioSP that captures biographic data, fingerprints, facial images, and iris images.

Fingerprint Cards

Our fingerprint card products include FormScannerSE™ and FormScannerMB™. The two products are independent applications that may be used for scanning and processing of inked fingerprint cards.

· FormScannerSE is designed for one-at-a-time, assisted “scan and entry” processing of fingerprint cards, such as for manual data entry of previously scanned card batches. It can also be used for manual “rework” such as crop region adjustments.

· FormScannerMB is designed for “multi-batch” scanning of large volumes of cards in an automated fashion, and provides features useful for high-volume processing such as support for automatic document feeding and real-time image quality feedback.

Forensic Analysis and QA

Our forensic analysis and quality assurance products include our WorkbenchSuiteTM of products. WorkbenchSuite is a family of .NET workstation applications that are designed to be used by an operator to analyze and repair or otherwise process digital records containing biometric images and data. Each targets a particular use case and implements workflow carefully designed to best assist analysts in their task. The suite comprises:

· Fingerprint Workbench which is used for forensic analysis, processing, and reporting of biometric fingerprint evidence comparison and search results.

· Forensic Workbench which is used for the categorization, processing, and standards-compliant formatting of biometric images and demographic data.

· Sequence Workbench which is used for the detection and assisted repair of fingerprint records containing sequence errors.

· CrosslinkWorkbench which is used for assisting with identifying and repairing of crosslink errors in ANSI/NIST ITL transactions. Crosslinks are biometric records that erroneously contain data from different individuals.

· FaceWorkbench which enables an analyst to analyze and process candidates returned from a biometric face search.

Military-Grade Enrollment and Search

· URC|TacticalTM is a software application for performing biometric enrollment, identification, and screening on ruggedized mobile biometric devices, such as those used by military personnel in the field. It allows the operator to capture both biographic and biometric data from subjects and then match the biometric information to onboard watch lists and known mission-encountered individuals.

5) Biometric Enrollment SDKs Our software development kits consist of: i) multiple software libraries; ii) sample applications that show customers how to use the libraries; and iii) documentation. Customers use our SDKs to design and develop biometrics applications. Our suite of enrollment SDKs performs a variety of functions that are critical to biometric enrollment, including image capture, image quality assurance, image formatting, and image compression. Our enrollment SDK products include:

· Biometric Capture and Hardware Abstraction – This group of products includes: i) LiveScan API; ii) PreFaceTM; iii) IrisCheckTM; and iv) SequenceCheckTM.

· Data Formatting and Validation – This group of products includes: i) NISTPack; ii) ICAOPack; and iii) PIVPackTM.

· Fingerprint Enrollment Bundle – Our product in this category is called CaptureSuiteTM. CaptureSuite is a bundle of software development kits that support the development of applications with comprehensive functionality for capture of either live scan or card scan fingerprint images. CaptureSuite provides quality and compliance assurance mechanisms for applications, such as fingerprint recognition, fingerprint authentication, and automated fingerprint identification systems.

· Fingerprint Cards – This group of products includes: i) AccuScanTM; and ii) AccuPrintTM.

· Image Compression – This group of products includes: i) Aware WSQ1000; and ii) Aware JPEG2000.

· Controls and applets - This group of products consists of our BioComponentsTM line of products. Our BioComponents products allow customers to develop biometric enrollment applications more quickly than if they purchased our SDKs. Each product in the group includes a user interface and one or more software libraries that perform a discrete set of functions, such as automated image capture, quality assurance, and capture hardware integration. BioComponents comprise modular, independent, self-contained software components that can operate either independently or in concert with one another. Specific BioComponents products and the functions they perform are:

· FingerprintComponent is used to capture, verify image quality, and compress fingerprint images.
· PhotoComponent is used to capture, verify image quality, and manipulate facial images.
· ScanningComponent is used to scan forms such as inked fingerprint cards.
· PrintingComponent is used for printing FBI-quality fingerprint images on cards and forms.
· NISTComponent is used for biographic and textual data entry and formatting, NIST compliance checking, and submission.

6) Mobile Biometrics
Over the past few years, we have modified some of our traditional Windows-based, client-server products for mobile devices that operate on Android and iOS platforms. As of the end of 2017, our mobile biometrics product line-up included:

Biometric Authentication

FIDO® Certified SDKs

FIDO® Suite is a family of products that are certified by the FIDO Alliance and are interoperable with other FIDO-certified products. Our FIDO Suite includes: i) Aware FIDO® Face Authenticator; ii) Aware FIDO® Client; and iii) Aware FIDO® Server. These products are available for Android and iOS devices and enable the functionality described below.

The FIDO authentication process employs a challenge/response mechanism using digital signatures that works in a two-step process as follows:

Registration: Users complete a registration process by submitting their biometrics and PIN through a special app or website. If there is a successful biometric/PIN match, a public key pair is created. A private key is retained on the client in a cryptographic keystore and a public key is sent to a server where it is saved in a keystore under a user’s ID.

Login: When users attempt to login, a FIDO authentication server creates a random challenge and sends it to the FIDO client. The biometrics and PIN are matched locally by a FIDO authenticator against the biometrics enrolled for that user. Biometrics data is never transmitted to the server. Users are prompted again to enter their biometrics and PIN. If the match is successful, the private key from the FIDO client keystore is unlocked. The FIDO client signs the challenge using the user’s private key and sends it to the FIDO server. The server verifies the signature using the public key received during registration and the user is permitted to login.


In October 2017, we introduced Knomi, a mobile biometric authentication framework offering face, voice and keystroke dynamics. The Knomi mobile biometric authentication framework is a collection of biometric SDKs running on mobile devices and a server that together enable strong, multi-factor, password-free authentication from a mobile device using biometrics. Knomi offers multiple biometric modality options, including facial recognition, keystroke dynamics, and voice authentication as means to authenticate. Banks or any other commercial enterprise can deploy Knomi to enhance their password-based authentication mechanisms, making login to their mobile applications more secure and convenient for their customers and employees. Knomi software components can be used in different combinations and configurations to enable either a server-centric architecture or a device-centric, FIDO® Certified implementation.

Mobile Enrollment and Search

We also offer several other products for mobile biometric enrollment and search, including:

URC|Mobile™ is a software application for capturing fingerprint and facial images on an Android smart phone or tablet using its onboard camera and a tethered fingerprint capture device. It is designed to be used by an enrollment attendant for rapid capture and quality assurance of biometric data and submission to a centralized biometric database for enrollment, search, or authentication. URC|Mobile is best suited for an environment where mobility beyond a desktop is useful or where a more economical client platform than a desktop solution is needed.

Mobile SDKs – We have ported some of our Windows-based SDKs to mobile operating systems, including iOS and Android. They offer the same functionality as the Windows versions, and include documentation and reference applications specific to these operating systems. Our family of mobile SDKs includes: i) Nexa|Face™ Mobile; ii) Nexa|Fingerprint™ Mobile; iii) PreFaceTM Mobile; iv) LiveScan API Mobile; v) NISTPack Mobile; vi) WSQ1000 Mobile; and vii) AwareXMTM Mobile.

7) Biometric Identity Duplicate Detection
In April 2017, we introduced Indigo|Onboard™ , a cloud-based solution that leverages biometrics to enhance the onboarding process with a determination of whether someone has an existing identity record in the system. In this way, attempts at identity fraud can be detected and duplicate identity records prevented. Indigo|Onboard offers browser-based capture of fingerprints and faces, and scalable one-to-many search of millions of records. It separates the enrollment and investigation processes into two asynchronous steps so they can be performed and administrated by personnel with different skills and credentials. Fingerprint data is searched against all records previously enrolled in the system, and positive search results are queued in a worklist, with each work item including alerts and the associated ID numbers and facial images. As a separate asynchronous process, work items can be used towards further investigation, and then either closed or escalated.

8) Imaging products
In addition to our biometrics software products, we also sell products used in applications involving medical and advanced imaging. Our principal imaging product is Aware JPEG 2000, which is based on the JPEG2000 standard. The JPEG2000 standard is an image compression standard and coding system that was created by the Joint Photographic Experts Group committee in 2000. Our JPEG2000 product is used to compress, store, and display images. Those images are typically medical images.

   Company Address: 76 Blanchard Road in Burlington Burlington 1803 MA
   Company Phone Number: 276-4000   Stock Exchange / Ticker: NASDAQ AWRE
   AWRE is expected to report next financial results on March 14, 2024.

Customers Net Income grew by AWRE's Customers Net Profit Margin grew to

23.26 %

15.56 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


Stock Performances by Major Competitors

5 Days Decrease / Increase
AEYE        14.24% 
IDN   -6.56%    
MSFT        0.96% 
• View Complete Report

Product Service News

Moving forward in Biometric Authentication: Aware's Partnership with Avanza Solutions Opens Doors to Middle East, Asia, and Africa Despite Revenue Dip

Published Tue, Dec 19 2023 8:17 PM UTC

Driven by the unique vision of Unlocking the Future, Aware Inc, a software and services firm specializing in biometrics, has taken its first major step towards new international markets. Leaving no stone unturned in their mission to provide top-notch biometric authentication across the globe, Aware Inc has declared a robust partnership with Avanza Solutions. This strate...



About us


CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com