Aware’s Award-Winning Knomi Technology Takes Center Stage at Mobile World Congress Barcelona 2022
Aware (NASDAQ: AWRE), a leading biometric authentication company, is showcasing its Knomi mobile passwordless authentication solutions at Mobile World Congress Barcelona from February 28 to March 3, 2022. The demonstration highlights the significance of biometric technologies in securing SIM card registration and mobile transactions amidst rising identity theft and fraud. Aware’s offerings target mobile network operators, emphasizing strong security without compromising user convenience, as noted by Chief Commercial Officer Rob Mungovan. Attendees can visit Hall 5, Booth 29 for insights and a preview of upcoming products.
- Showcasing Knomi mobile authentication at Mobile World Congress emphasizes innovation.
- Knomi addresses rising concerns around SIM card fraud and identity theft.
- Demonstrating products to mobile network operators may drive future sales.
- Risks include potential failure to develop a significant commercial market for biometrics.
- Dependence on third-party channel partners for revenue could affect financial performance.
Leading biometric authentication company to demonstrate cutting edge in wireless communication applications, including secure SIM card registration and mobile transaction processing
BEDFORD, Mass., Feb. 28, 2022 (GLOBE NEWSWIRE) -- Aware, Inc. (NASDAQ: AWRE), a leading global provider of biometrics software products, solutions and services, has announced that the company will be showcasing its mobile passwordless authentication solutions during this year’s Mobile World Congress Barcelona conference, taking place from February 28-March 3 in Barcelona, Spain. Aware representatives will be onsite to demonstrate the benefits to mobile network operators of incorporating biometric and digital identity technologies, including how biometric authentication will play a key role in the protection and secure registration of SIM cards to users.
As data breaches, identity theft and SIM card fraud continue to rise in scale and quantity around the world, so does the importance of securing the mobile onboarding and authentication process. Aware’s Knomi® mobile biometric authentication framework addresses these trends directly by providing a strong, secure and frictionless passwordless authentication solution for a wide variety of mobile use cases, including fraud-resistant SIM card registration and secure mobile transaction processing.
“Mobile technologies are increasingly in need of a secure authentication alternative to the password, and we are excited to share our mobile authentication offerings with the attendees at Mobile World Congress,” said Rob Mungovan, chief commercial officer. “Our Knomi product provides mobile network operators and telecommunications providers with a highly secure authentication solution that does not sacrifice user convenience. We are looking forward to sharing the benefits of this product in person at this event.”
Visit Aware in Hall 5 at Booth 29 anytime during the expo between February 28 and March 3 for a live demonstration of the Knomi platform. Some Mobile World Congress attendees will also be invited to an exclusive preview of Aware’s next groundbreaking offering which is expected to take the authentication market by storm. Attendees interested in learning more may do so by speaking to an Aware representative at the event.
About Mobile World Congress and How to Connect with Aware
Mobile World Congress Barcelona is billed as the world’s most influential event for the connectivity industry, and is attended by mobile operators, device manufacturers, technology providers, vendors, and content owners from around the globe. As the communications industry continues to turn to biometrics for trusted identity solutions, Aware ensures that identity technologies and solutions evolve along with them and remain frictionless for the user.
Mobile World Congress attendees can learn more about Aware by visiting Hall 5, Booth 29 at the Fira Barcelona Gran Via in Barcelona, Spain.
If you are unable to attend Mobile World Congress, learn more on Aware’s website here.
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) a significant commercial market for biometrics technology may not develop, and if it does, we may not be successful in that market (ii) we derive a significant portion of our revenue from third party channel partners, (iii) the biometrics market may not experience significant growth or our products may not achieve broad acceptance; iv) we face intense competition from other biometrics solution providers; (v) current and prospective customers do not purchase our new product in the quantities that we expect and (vi) 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, 2020 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.
781-276-4000
grodrigues@aware.com
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