Aware, Inc. Accelerates Innovation and Positive Environmental Impact with Move to New Corporate Headquarters

Rhea-AI Summary

Aware, Inc. (NASDAQ: AWRE) has relocated its headquarters to Burlington, Massachusetts, marking a significant shift to align with modern business practices and environmental goals. The new facility, downsized from the previous location in Bedford, aims to enhance flexibility and employee satisfaction in a hybrid working environment. This move is part of Aware's commitment to environmental, social, and corporate governance (ESG) objectives, including reducing their physical footprint and expanding collaboration among employees. The new office will incorporate advanced biometric security systems.

Positive

• Headquarters relocation to Burlington aims to enhance collaboration and innovation.
• Reduction in office space aligns with ESG initiatives and decreases environmental impact.
• New facility designed for hybrid work improves employee satisfaction.

Negative

• None.

Leader in biometric authentication relocates to Burlington, MA for enhanced environmental impact and company innovation

BURLINGTON, Mass., Oct. 11, 2022 (GLOBE NEWSWIRE) -- Aware, Inc. (NASDAQ: AWRE), a leading authentication company applying proven and trusted adaptive authentication to solve everyday business challenges with biometrics, is announcing its corporate headquarters has moved to Burlington, Massachusetts to align more closely with business and environmental needs. 

“The move marks the next chapter for Aware as the company adjusts to the new normal of hybrid working arrangements and an increased focus on environmental, social and corporate governance (ESG),” says Bob Eckel, president and chief executive officer, Aware. “Our new headquarters will help us address both of these mandates. Moving to a smaller yet even more cutting-edge facility will allow us to be more nimble for customers, maximize value for shareholders and increase employee satisfaction as workers return to a new state-of-the-art building.”

Aware had been using a limited amount of the available space in their previous Bedford, MA headquarters, and after nearly 30 years there, saw an opportunity to decrease their square footage and environmental impact. This aligns with the company’s other ESG initiatives, such as a commitment to recycling and digitization which has enabled them to save over ten tons of paper.

The Burlington office has also been specifically designed to foster increased collaboration and innovation amongst employees. Additionally, the space will leverage Aware’s newest innovations, including a cloud-based, biometrics-enabled access security system ensuring a highly safe and secure working environment. 

“We are proud to become a member of the Burlington, MA business community,” says Lindsey Savarino, human resources director, Aware. “We believe that by being cognizant of our footprint and moving into a space that better fits the needs of our hybrid teams, we are better positioned to maintain our leadership in the industry while also being even more mindful and respectful of our environment.

The company is now operating at 76 Blanchard Road in Burlington, its first office move since 1998. 

To learn more about Aware, please visit www.aware.com.

About Aware
Aware is a global authentication company that validates and secures identities using proven and trusted adaptive biometrics. Aware’s software and software-as-a-service offerings address the growing challenges that government and commercial enterprises face in knowing, authenticating and securing individuals through frictionless and highly secure user experiences. Aware’s algorithms are based on the most diverse data sets in the world and can be tailored to the unique security and requirements of each customer. The company empowers users to have control over identities through clear, intuitive opt-in/opt-out features, helping them feel secure and improving their lives. Aware is a publicly held company (Nasdaq: AWRE) based in Burlington, 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, 2021 and other reports and filings made with the Securities and Exchange Commission.

Aware is a registered trademark of Aware, Inc.

CONTACT
Company Contact
Gina Rodrigues
Aware, Inc.
781-687-0300
grodrigues@aware.com

FAQ

Why did Aware, Inc. relocate to Burlington, MA?

Aware, Inc. relocated to Burlington, MA to better align with modern business practices and environmental needs, focusing on hybrid work and ESG initiatives.

What are the benefits of Aware's new headquarters?

The new headquarters enhances collaboration, reduces environmental impact, and increases employee satisfaction with a modern workspace.

When did Aware, Inc. move to its new office?

Aware, Inc. announced its relocation to Burlington on October 11, 2022.

What is the environmental impact of Aware's move?

The move decreases Aware's square footage and aligns with their commitment to ESG initiatives, including reducing physical waste and promoting sustainability.