corporate news

ImageWare CEO Optimistic in Q2 Update

ImageWare CEO Optimistic in Q2 Update

ImageWare has issued its Q2 results for 2019, with the company’s senior executive remaining upbeat in the face of lower-than-expected numbers. Revenues for the quarter ended June 30th came in at $812,000, compared to revenues of $1,885,000 in Q2 of 2018. In reporting the change, ImageWare noted that last year’s Q2 earnings reflected one-time, non-recurring…

Facial Recognition Specialist VSBLTY Brings on a Pair of New Executives

Facial Recognition Specialist VSBLTY Brings on a Pair of New Executives

VSBLTY has added two new members to its executive team. The company has announced that Matthew Pruitt will be taking over as the new Chief Experience Officer (CXO), while Paul Rinaldi has signed on as the company’s first Senior Client Services Director for Retail. The latter is a newly created position that will focus on…

Ipsidy CEO Highlights Global Growth Efforts in Q2 Update

Ipsidy CEO Highlights Global Growth Efforts in Q2 Update

“We are focused on specific international opportunities, where we are starting to see active interest in our solutions.” – Philip Beck, Chairman & CEO, Ipsidy Ipsidy has announced its results for the second quarter (Q2) of the 2019 fiscal year, ended June 30th. Revenues for the quarter came in at $0.6 million, compared to revenues…

Revenue Dip Continues in Synaptics’ Q4 Results

Revenue Dip Continues in Synaptics’ Q4 Results

Synaptics has issued its results for the fourth quarter of its fiscal year, ended June 30th. The quarter saw the continuation of a downward trend in revenues seen in its last quarterly update, with net revenues coming in at $295.1 million. That’s 24 percent lower than revenues in the same quarter of last year, and…

Nuance Shows Solid Growth in Q3 Update

Nuance Shows Solid Growth in Q3 Update

“…the Artificial Intelligence specialist has delivered revenues near the high end of its guidance range.” Nuance Communications has issued its results for the third quarter of 2019, showing solid growth across multiple business areas. Bearing in mind that Nuance adopted the ASC 606 revenue recognition standard last October, comparison of its latest results with those…

Aware CEO Emphasizes Knomi Attention in Q2 Update

Aware CEO Emphasizes Knomi Attention in Q2 Update

“… Aware is continuing to invest in the development of its biometric solutions and that the company’s team remains encouraged by market interest in its offerings, particularly Knomi.” Aware Inc. has posted its results for the second quarter, ended June 30th. The biometrics specialist saw revenues of $3 million during the quarter, compared to revenues…

FPC Schedules Q2 Results Presentation for August 15

FPC Schedules Q2 Results Presentation for August 15

Fingerprint Cards has announced that it will be sharing its second quarter results on Thursday, August 15th. In addition to a written report, the fingerprint recognition specialist will detail its performance during a teleconference and a webcast in English at 09:00 CEST. The Swedish company will also be answering questions during that time. While it’s…

IDEX Biometrics to Post Q2 Results on August 15

IDEX Biometrics to Post Q2 Results on August 15

“IDEX says its conference call will be hosted by Chief Executive Officer Stan Swearingen and Chief Financial Officer Derek D’Antilio.” IDEX Biometrics will publish its Q2 results on Thursday, August 15th, the company has announced. The results will arrive alongside a conference call scheduled for 15:00 CET. In announcing the Q2 update schedule, IDEX did…

IDEMIA Sharpens North America Focus with Latest Corporate Change

IDEMIA Sharpens North America Focus with Latest Corporate Change

IDEMIA has made another important change to its corporate infrastructure, including the appointment of a new high-level executive: Dan Kent is the company’s new Chief Technology Officer, VP, and member of the Executive Committee for IDEMIA’s North American Identity & Security business. Additionally, Kent will be heading a new division that is a consolidation of…

RealNetworks’ Q2 Results Reflect Revenues from Biometric Security, Mobile Games, and Napster

RealNetworks’ Q2 Results Reflect Revenues from Biometric Security, Mobile Games, and Napster

“In the second quarter, we achieved solid results overall with two particularly strong areas: our SAFR Facial Recognition platform and our free-to-play casual mobile games.”- Rob Glaser, Chairman and CEO, RealNetworks RealNetworks has issued its Q2 results, for the quarter ended June 30th, 2019. The results reflect the company’s unusual revenue mix in the wake…

Synaptics Announces New CEO: Michael Hurlston

Synaptics Announces New CEO: Michael Hurlston

Synaptics has announced its next CEO: Michael Hurlston will take the helm on August 19th, and is expected to join the company’s Board of Directors at the same time. Hurlston is coming to Synaptics straight from Finisar, where he has served as chief executive since January of last year. His appointment at Synaptics can therefore…

Interview: COO Hof Retief on BioRugged’s Ambitious Expansion Plans

Interview: COO Hof Retief on BioRugged’s Ambitious Expansion Plans

Founded in 2012, BioRugged has quickly established itself as a leading provider of heavy-duty biometric devices that can be used in a wide range of environments. The company’s newest devices, the BioWolf 60 and BioWolf 60P, the Ruggbo 20R, and the Mark 3 Biometric Enrollment and Verification Kit, have further elevated BioRugged’s profile as the…

Sales Up 45% in Jumio’s Q2 Update

Sales Up 45% in Jumio’s Q2 Update

“Our focus on verification accuracy, speed and innovation is helping us meet the needs of modern enterprises who need a reliable means of proving that someone is who they claim to be online.” Jumio is celebrating the largest sales quarter in the company’s history after sales jumped 45 percent over the same quarter one year…

Nuance Q3 to Arrive on Heels of Important Business Developments

Nuance Q3 to Arrive on Heels of Important Business Developments

Nuance Communications will publish its third quarter results for 2019 on Wednesday, August 7th, the company has announced. The results will be issued after market close, and will come alongside a copy of prepared remarks for shareholders. The results will follow an important corporate development, with Nuance having announced in June that it had established…

IDEMIA to Issue H1 Results on July 30

IDEMIA to Issue H1 Results on July 30

IDEMIA has set a date for the publication of its financial results for the first half of 2019: The update will arrive on Tuesday, July 30th. The publication will arrive that day alongside a presentation on the results hosted by IDEMIA CEO Yann Delabrière and CFO Laurent Lemaire, slated to start at 9:30am ET. The…

OrangeHook-Kologik Merger to See Biometric Patient ID Focus

OrangeHook-Kologik Merger to See Biometric Patient ID Focus

Healthcare-focused identification and authentication specialist OrangeHook has entered into a non-binding merger agreement with public safety applications provider Kologik, with biometric patient identification to be a key focal point going forward. The companies have not disclosed the terms of the agreement, but have signed a Letter of Intent and appear enthusiastic about potential synergies of…

Suprema Targets European Market with New Managing Director

Suprema Targets European Market with New Managing Director

“The newly appointed executive will split his time between the company’s offices in Germany and France, and will be expected to boost Suprema’s profile as a provider of security solutions.” Baudoin Genouville has been appointed as the new Managing Director for Suprema Systems GmbH, where he will help promote the Korean company’s operations in the…

Experian Hires New SVP of Product Management

Experian Hires New SVP of Product Management

Experian is looking to build its profile in the identity authentication space. The company has announced that EK Koh will be stepping up as the new Senior Vice President of Product Management for Global Identity & Fraud Solutions, bringing more than 20 years of product management experience to the position. “Being able to resolve, identify…

IDEX Brings On New EMEA Sales Director

IDEX Brings On New EMEA Sales Director

‘“I am delighted to welcome Pascal to the team,” said IDEX Sales and Marketing SVP David Orme…’ IDEX Biometrics has named Pascal Dufour as its new Director of Sales for Europe, the Middle East, and Africa (EMEA). Darfour officially took over the role on July 9th, and brings more than 25 years of experience to…

BIO-key Brings in Capital with Secured Convertible Note

BIO-key Brings in Capital with Secured Convertible Note

BIO-key has sold a $3.06 million Senior Secured Convertible Note, the company has announced. The Note was sold to Lind Global Macro Fund, with $2.55 million in proceeds at closing. In a statement, BIO-key explained that the capital raised in the transaction will “be used for general working capital purposes, including repayment of outstanding indebtedness.”…

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