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Aware Extends Market-Leading Mobile Biometric Face-Matching Technology to Address Masks

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Aware (NASDAQ: AWRE) has launched Knomi version 2.13, a cutting-edge mobile biometric software that enhances face-matching for individuals wearing masks, an important feature given the current pandemic. This update not only improves matching accuracy without requiring users to re-enroll images but also maintains high performance speeds. The new algorithm effectively reduces false matches while ensuring a seamless user experience. Aware's commitment to enhancing biometric security is exemplified in this release, addressing a significant market need during challenging times.

Positive
  • Knomi 2.13 enhances face-matching accuracy for masked individuals, improving user security.
  • No need for users to re-enroll images, reducing user friction.
  • Upgraded algorithm maintains performance speeds while increasing accuracy.
Negative
  • Potential risks in customer adoption and product performance could affect sales.

Latest Knomi® Version 2.13 Release Accurately Matches Masked and Unmasked Images without Sacrificing Speed or Usability

BEDFORD, Mass., Dec. 08, 2020 (GLOBE NEWSWIRE) -- Aware, Inc., (NASDAQ: AWRE), a leading global provider of biometrics software products, solutions and services, today introduced Knomi version 2.13, a market-leading mobile biometric software product offering face-matching technology that directly addresses individuals that are wearing masks with no sacrifice in ease of use or performance. This version adds a significant new biometric capability to Knomi’s robust core identity-matching and authentication solution, offering users high levels of confidence and security during the pandemic when mask-wearing is prevalent.

While facial recognition technology error rates have decreased significantly in recent years, performance has struggled in matching situations involving masks. Attempts to match images of people wearing masks who were enrolled in a database without wearing masks returned large numbers of random matches and low levels of accuracy. With Knomi 2.13, an improved face recognition algorithm can now match masked faces with unmasked images in the database accurately. Aware continuously improves and optimizes face-matching technology with face liveness, voice liveness and voice matching capabilities, enabling Knomi 2.13 to provide our customers with the benefits of the highest levels of secure and convenient mobile onboarding and passwordless authentication available.

“We’re proud that we’ve been able to deliver this important innovation to the biometric authentication market at such a difficult time for society,” said Bob Eckel, president & CEO of Aware. “Users need to be confident that facial images will match accurately, whether masks are on or off. With Knomi 2.13 our customers can be sure that their identity-matching and authentication procedures are solid and irrefutable. We believe our facial recognition, voice matching, and liveness capabilities stand alone.”

While other face-recognition systems in the market have improved their accuracy in recent years, they have done so by reducing performance speeds. Knomi 2.13’s upgraded face-recognition algorithm offers improved accuracy at higher performance speeds, removing the need for customers to sacrifice.

Knomi 2.13 also doesn’t require users to re-enroll images in the database, eliminating a major cause of friction in the process.

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, 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 our expectations regarding our new product. Aware wishes to caution you that there are factors that could cause actual results to differ materially from the results indicated by such statements, including the risks that (i) current and prospective customers do not purchase our new product in the quantities that we expect and (ii) our new product does not perform as well as we expect because of errors, defects or bugs. 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 is a registered trademark of Aware, Inc. 

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/8bf4f70e-4820-4729-945b-0ea9d25bccac


FAQ

What new features does Aware's Knomi version 2.13 offer?

Knomi version 2.13 enhances face-matching accuracy for masked faces and eliminates the need for re-enrollment.

How does Knomi 2.13 improve user experience?

It maintains high performance speeds while improving accuracy in matching masked and unmasked images.

What is the significance of Knomi 2.13 during the pandemic?

It addresses the increased need for secure biometric authentication as mask-wearing becomes prevalent.

What are the risks associated with the launch of Knomi 2.13?

There are risks related to customer adoption and the performance of the new product.

What is the stock symbol for Aware?

The stock symbol for Aware is AWRE.

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