corporate news

IDEX Biometrics Officially Announces New Board Member, Name Change

IDEX Biometrics Officially Announces New Board Member, Name Change

“The appointment’s official announcement arrives alongside that of IDEX’s name change, with the company’s formal moniker switching from IDEX ASA to IDEX Biometrics ASA…” IDEX Biometrics has officially announced the appointment of the latest member of its Board of Directors, Stephen Skaggs. Elected as the Board’s fifth member at this month’s Annual General Meeting, Skaggs…

HYPR Joins FIDO Alliance Board of Directors

HYPR Joins FIDO Alliance Board of Directors

HYPR is the latest company to be appointed to the Board of Directors for the FIDO Alliance, with company co-founder and CTO Bojan Simic stepping up to serve as HYPR’s official delegate. “HYPR believes that FIDO standards provide enterprises with a powerful framework for securing their customers and employees without the use of passwords,” said…

New BioCatch CRO to Oversee Behavioral Biometrics Firm’s ‘Ambitious Growth Plan’

New BioCatch CRO to Oversee Behavioral Biometrics Firm’s ‘Ambitious Growth Plan’

BioCatch has a new Chief Revenue Officer; Bill Sytsma will lead the company’s sales and professional services team, and will oversee “an ambitious plan for growth,” according to a statement announcing his appointment. Sytsma comes to the company from ThreatMetrix, another provider of an enterprise-focused digital security platform, where he served as the company’s Americas…

ImageWare CEO Notes Growing Interest in Biometrics in Q1 Update

ImageWare CEO Notes Growing Interest in Biometrics in Q1 Update

ImageWare has issued its Q1 results for 2019, delivering a status quo net result alongside a spike in revenues. With respect to the latter, ImageWare brought in $931,000 in the quarter, compared to $716,000 in Q1 of 2018 – an increase of 30 percent. Its net loss, meanwhile, was $3.6 million, the same as in…

Biometric Tech Enhancement, Partnerships Drive Ipsidy Growth in Q1 Update

Biometric Tech Enhancement, Partnerships Drive Ipsidy Growth in Q1 Update

“Our identity platform offers mobile biometric services that work great on their own and even better together,” – Philip Beck, Chairman and CEO, Ipsidy Ipsidy has reported its results for the first quarter of 2019, showing a dramatic year-over-year improvement for the biometric identification specialist. Revenues for the quarter ended March 31st came in at…

RealNetworks Brings On New CRO to Further SAFR Sales

RealNetworks Brings On New CRO to Further SAFR Sales

Jay Burrell has joined the RealNetworks team as the company’s new Chief Revenue Officer for computer vision. As the CRO, Burrell will primarily be responsible for overseeing global sales and business development for the company’s SAFR facial recognition platform. “The facial recognition market is growing at an exponential rate, with a variety of uses cases…

RealNetworks’ Q1 Results Show Revenue Growth from SAFR Biometric Facial Recognition Solution

RealNetworks’ Q1 Results Show Revenue Growth from SAFR Biometric Facial Recognition Solution

“While SAFR is key to RealNetworks’ business, a wildcard in the mix is the company’s acquisition of the music streaming service Napster, which contributed $12.3 million in net income to the company’s first quarter result.” RealNetworks has published its Q1 results for the period ended March 31st, showing an upwards trajectory for its SAFR facial…

Mobile Biometrics Solution Helps to Deliver Strong Q1 Results for Aware

Mobile Biometrics Solution Helps to Deliver Strong Q1 Results for Aware

Aware, Inc. has issued its results for Q1, ended March 31st, showing a strong year-over-year improvement. Revenues came in at $3.7 million, compared to revenues of $2.9 million in the first quarter of 2018. And Aware saw a net income of $228,000 for the latest quarter, compared to a loss of $495,000 in Q1 of…

ImageWare to Issue Q1 Update on May 9

ImageWare to Issue Q1 Update on May 9

ImageWare will file its Q1 fiscal report to the SEC on Thursday, May 9th, and will hold a conference call on the quarter’s results that same day, the company has announced. The call is scheduled for 1:30pm PT, or 4:30pm ET. In announcing the Q1 update, the San Diego-based biometric authentication specialist offered few details…

ImageWare Closes Direct Offering with $6.125M in Net Proceeds

ImageWare Closes Direct Offering with $6.125M in Net Proceeds

“As previously announced, the company will use these proceeds ‘for general corporate purposes,’ according to a press release.” ImageWare has closed the direct offering announced earlier this week, bringing in even more capital than expected. Originally, ImageWare had announced that it received subscriptions from institutional investors for 4,545,455 shares of its common stock at $1.10…

ImageWare Raises $5M Through Direct Share Offering

ImageWare Raises $5M Through Direct Share Offering

“In a statement announcing the capital raise, ImageWare said it would use the net proceeds for general corporate purposes.’” ImageWare has raised about $5.0 million through a share offering, the company has announced. It was a direct offering of 4,545,455 shares of common stock that saw subscriptions from institutional investors, at a price of $1.10…

Nuance Finds New Investor Relations SVP Ahead of  Release of Q2 Results

Nuance Finds New Investor Relations SVP Ahead of Release of Q2 Results

Nuance Communications has announced that Tracy Krumme will be taking over as the company’s new Senior Vice President of Investor Relations. Krumme brings more than 25 years of financial experience to the role, with similar investor relations stops at companies like Luxoft, NCR, and Hollinger International. “In addition to her extensive investor relations and technology…

Global Invacom Abandons Proposed $200 Million Acquisition of Tactilis

Global Invacom Abandons Proposed $200 Million Acquisition of Tactilis

Global Invacom has backed away from a proposed $200 million acquisition of the smartcard specialist Tactilis. The news comes via a filing with the Singapore Exchange, which also revealed that the two companies would equally split costs and expenses and that the $20 million break fee would be waived. The two companies first agreed to…

TypingDNA Looks to Capitalize on Behavioral Biometrics Demand with New Sales VP

TypingDNA Looks to Capitalize on Behavioral Biometrics Demand with New Sales VP

“In his new position with TypingDNA, Freeman will be based in the company’s US office, and will focus on building its presence in the American market.” As it seeks to expand, Romania-based behavioral biometrics startup TypingDNA has announced the appointment of a new Vice President of Sales. The new VP, Terry Freeman, comes to the…

Precise Biometrics Board Looks to Give New Leadership Long-Term Incentives at AGM

Precise Biometrics Board Looks to Give New Leadership Long-Term Incentives at AGM

Precise Biometrics has set a date and revealed the agenda for its Annual General Meeting, and it looks like the company is eager to get some incentives in place for its top leadership. Among the proposals for Precise Biometrics’ shareholders to vote on is a reverse share split, in which ten existing shares would be…

ImageWare On ‘Path Toward Profitability’ In Q4/2018 Update

ImageWare On ‘Path Toward Profitability’ In Q4/2018 Update

“Pending initiatives and our work in the higher price point health care market signal that we are firmly on a path toward profitability.” – Jim Miller, CEO ImageWare Systems ImageWare has issued its year-end corporate update, with its top executive anticipating a bright future for the biometric authentication company. In detailing its Q4 results, the…

Zwipe Appoints Dr. Robert Mueller as CTO

Zwipe Appoints Dr. Robert Mueller as CTO

“Robert brings a wealth of experience and knowledge and will be instrumental in ensuring the successful delivery of our technology platform to our expanding global customer base.” – André Løvestam, CEO, Zwipe A longtime NEXT Biometrics executive has now become Zwipe‘s Chief Technology Officer. Dr. Robert Mueller – no, not that Robert Mueller – is…

New Board Member Brings Sage Experience in Financial Services to V2verify Board

New Board Member Brings Sage Experience in Financial Services to V2verify Board

Omaha-based voice biometrics specialist V2verify is welcoming a new Board member, and the appointment may signal a strengthening focus on the financial services sector. The new appointee, Grant Gregory, was a co-founder of DoubleClick Inc., a digital marketing agency that was acquired by Google in 2008. Perhaps more to the point, though, is that Gregory…

BIO-key to Post Q4, FY2018 Results On April 1st

BIO-key to Post Q4, FY2018 Results On April 1st

BIO-key has set a date for the publication of its Q4 and 2018 year-end results: They will be disclosed on Monday, April 1st, after market close. The report’s publication will be followed by a conference call the next day, at 10am ET. The company has announced at least a few major deals since its Q3…

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