corporate news

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…

New SensibleVision VP to Focus on APAC Expansion

New SensibleVision VP to Focus on APAC Expansion

Florida-based mobile biometrics specialist SensibleVision is aiming for growth with a new executive appointment: Hoon Chung is now the company’s Senior Vice President for Asia Pacific. Chung comes to the company from a previous position as Global Business Development VP with Neurala, a company specializing in deep learning neural network software. Chung has also served…

ImageWare to Host Year-End Call on April 1st

ImageWare to Host Year-End Call on April 1st

ImageWare will host a conference call right after reporting its fiscal stats to the US Securities and Exchange Commission, the company has announced. The call is scheduled for April 1st, at 4:30pm ET. In announcing the call, ImageWare said it “will file its Form 10-K shortly after the close of the stock market” on that…

AIRY3D Hires New Vice President of Strategic Marketing

AIRY3D Hires New Vice President of Strategic Marketing

AIRY3D has announced that Paul K. Gallagher has signed on as the company’s new Vice President of Strategic Marketing. Gallagher brings more than 30 years of experience to the position, with a resume that includes previous leadership stints at Samsung, OmniVision, and LG Electronics, amongst other companies. “I’m thrilled, once again, to be at the…

IDEX Announces Executive Changes

IDEX Announces Executive Changes

IDEX Biometrics has announced multiple changes in its executive-level leadership structure. Two of the changes stem from the creation of a new position within the company – Chief Innovation Officer. Fred Benkley, who previously served as IDEX’s Chief Technology Officer, has stepped into this role; and consequently Anthony Eaton, previously the VP of Systems Engineering,…

Verified Leads Ipsidy to Strong 2018 Year End Report

Verified Leads Ipsidy to Strong 2018 Year End Report

Ipsidy has released its year end results for 2018, revealing that the company increased revenue and reduced losses as it expanded its operations in the Identity as a Service sector. Total year-end revenues climbed from $2.3 million in 2017 to $3.8 million in 2018, while net losses dropped from $17.5 million to $10 million and…

Jumio Announces New Sales Office in Brazil

Jumio Announces New Sales Office in Brazil

“The move is in keeping with Jumio’s recent push into Latin America…” Jumio is expanding its presence in Latin America with a new sales office in Brazil. The expansion effort will be led by newly appointed Regional Director Samer Atassi, who brings more than 25 years of strategic planning and international sales experience to the…

Argus TrueID Announces the Acquisition of Biometric Identity Solutions

Argus TrueID Announces the Acquisition of Biometric Identity Solutions

Argus TrueID has announced the acquisition of another Australian biometric services provider. Queensland-based Biometric Identity Solutions is now under the Argus TrueID umbrella thanks to a deal that reflects Argus’s current mergers and acquisitions strategy. Argus TrueID provides identity and security solutions for industries ranging from banking to criminal justice. It is also one of…

IDEMIA Combines Business Units Into New ‘SET’ Division

IDEMIA Combines Business Units Into New ‘SET’ Division

“The company’s Financial Institutions, Connected Objects, and Mobile Operators divisions are all joining together to form the Secure Enterprise Transactions, or SET, division.” IDEMIA has announced further changes to its corporate structure, a little over a year after its last major overhaul. Essentially, the changes comprise the consolidation of three previously discrete business units. The…

Mobile Sector is Synaptics’ Bread and Butter in Q2 Update

Mobile Sector is Synaptics’ Bread and Butter in Q2 Update

Synaptics has issued its latest quarterly report, showing steady sequential progress. For the quarter ended December 29th, 2018 – Q2, in Synaptics’ fiscal year – the company brought in net revenues of $425.5 million, a decrease of one percent year over year, but an increase of two percent with respect to its Q1 results. In terms…

Fingerprints Sets Date for Q4 Update

Fingerprints Sets Date for Q4 Update

“Fingerprints has continued to see multiple smartphone integrations of its fingerprint sensor technology in recent months.” Fingerprint Cards (or “Fingerprints”) has set a date for the publication of its fourth quarter results for 2018. They’ll be published at 07:00 CET on February 15th, with a phone conference and webcast to discuss the results slated to…

Onfido Announces Paris Office as Part of France Expansion Effort

Onfido Announces Paris Office as Part of France Expansion Effort

Onfido has announced plans to open a new office in Paris as part of a larger growth effort in France. The news comes in the same week as Onfido’s announcement of a partnership with France-based identity solutions giant IDEMIA, with the latter seeking to enhance its portfolio of online authentication solutions with Onfido’s document verification…

IDEX Biometrics Partners with Chinese Card Integration Leader Goldpac Group

IDEX Biometrics Partners with Chinese Card Integration Leader Goldpac Group

“It’s beyond doubt that the market for biometric cards will ramp significantly in 2019. During the second half of 2018 a vast range of card integrators have geared up their efforts to commercialize biometric cards which will provide simple, secure and personal authentication for all. We see especially strong pull in China, and we are…

IDEX Raises $25M USD Through Private Placement

IDEX Raises $25M USD Through Private Placement

IDEX Biometrics has completed a $25 million USD private placement, the company has announced. The NOK 214 million deal entailed the sale of 53,437,500 shares to existing shareholders including Invesco, Woodford Investment Management, and members of the company’s management team and board of directors. In a statement announcing the private placement, IDEX asserted that it…

Investment Firms Support CLEAR Growth in Booming Biometrics Market

Investment Firms Support CLEAR Growth in Booming Biometrics Market

“The market for biometric technologies is expected to grow rapidly over the next few years and CLEAR is uniquely positioned to be the leader in using this technology to help consumers to access experiences beyond the airport more quickly and safely,” – Ted Leonsis, Co-founder and Partner, Revolution Growth CLEAR is planning for growth, with…

Zwipe Makes Merkur Market Debut

Zwipe Makes Merkur Market Debut

“In making its pitch to investors, Zwipe had emphasized its position as a technology supplier in the emerging biometric payment cards market, and the company maintained this theme in a statement announcing its Merkur Market debut.” Zwipe has reached an important corporate milestone, announcing that its shares are now trading on the Oslo Stock Exchange’s…

BehavioSec Announces Chief Revenue Officer

BehavioSec Announces Chief Revenue Officer

Seeking a boost in its expansion efforts, behavioral biometrics specialist BehavioSec has appointed a new Chief Revenue Officer, Dave Lapin. In a statement announcing Lapin’s appointment, BehavioSec said he brings to the table more than two decades of experience in senior management, including senior sales roles with NCC Group Security Services, IOActive, Cisco Systems, and…

Oversubscribed Zwipe Share Offering Rakes in Capital

Oversubscribed Zwipe Share Offering Rakes in Capital

“Much of the excitement can be attributed to a broader buzz over the emergence of fingerprint-scanning payment cards, an area in which Zwipe has established a solid footing ahead of large-scale rollouts.” Zwipe‘s big share offering last week proved to be a great success, the company reports. The fingerprint biometrics specialist had announced that it…

WISeKey’s Preliminary Results Show Solid Growth for 2018 FY

WISeKey’s Preliminary Results Show Solid Growth for 2018 FY

“The company’s ISTANA security certificate solution is expected to play an important role in that growth, particularly in the Germany and China markets, as will monetization of its recently-launched WISeKey Blockchain Platform.” Switzerland-based IoT security solutions provider WISeKey is reporting solid revenues from its initial, unaudited fiscal results for 2018. The company says its Cybersecurity…

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