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American Science & Engineering Inc. Message Board

elitecrete1 63 posts  |  Last Activity: 35 minutes ago Member since: Jan 11, 2002
  • Reply to

    Surf"s Up!

    by savedoneamen Aug 9, 2015 8:04 AM
    elitecrete1 elitecrete1 Aug 9, 2015 12:39 PM Flag

    I'm not sure where Amrel fits in to the new FBI device, not that it matters to Aware. Where are you getting that from.

  • Reply to

    Surf"s Up!

    by savedoneamen Aug 9, 2015 8:04 AM
    elitecrete1 elitecrete1 Aug 9, 2015 11:22 AM Flag

    So you are implying that Amrel was the hardware company that Aware procured the ruggedized biometric devices from to configure and supply to the Navy? Interesting speculation. I never heard of them before your mention.

    The FBI now says 'We don't need no stinkin' ruggedized devices'. Their new RFQ demands nothing more than an app to run on a Samsung Galaxy 5 or tablet. What company do you suppose is most qualified to supply that?

    My suspicion is that the app is already built, tested, and ready to go. It's just a matter of following the proper procurement procedure.

  • The company partners with well-known, respected technology providers such as Akiyama, AMREL, Aware, BETHCOM, Booz Allen Hamilton, Corvus Biometrics, Credence ID, InCadence Strategic Solutions, Mobizent and NEC.
    -----------
    I don't see Net-X Solutions on that list as of June 3rd, 2015 at 11:25 am

  • Reply to

    Why does Aware need $40M in cash?

    by elitecrete1 Aug 7, 2015 1:03 PM
    elitecrete1 elitecrete1 Aug 7, 2015 3:44 PM Flag

    "For firms and government agencies wanting to implement biometric identity proofing but hesitant to make the investment, a subscription or pay-per-use service model is an attractive option."
    ---------------
    That is the toll bridge of which I speak. If buying the "key biometric concern" facilitates building that toll bridge more efficiently than I'm all for it.

  • elitecrete1 by elitecrete1 Aug 7, 2015 3:29 PM Flag

    I could be wrong about Benini. Mungovan seems to be the guy calling the Bio shots at Aware. He started at Aware in Jan of 1997

    Vice President, Biometrics and Imaging, Aware, Inc.

    Summary

    Robert Mungovan established the biometrics business at Aware, Inc. and under his leadership it has grown into a profitable stand-alone software products and professional services business.

    Robert has twenty nine years of experience developing software solutions and products designed to manage and process image data. His current position is Vice President Biometrics at Aware, Inc. Over the last eighteen years Robert has worked to establish Aware as a global leader in the areas of biometric image processing, biometric workflow and interoperability, biometric sample quality, standards compliance, and high speed, high accuracy, and highly scalable biometric matching.

    ***Mr. Mungovan is currently responsible for all P&L at Aware.***

    Under Mr. Mungovan's leadership, ***Aware's biometric product and service revenue more than doubled between 2010 and 2014.***

    Mr. Mungovan’s experience includes building a global sales team, building engineering teams, building an algorithm R&D team, and consistently delivering revenue generating products and services.

    Mr. Mungovan holds a BS in Physics and an MBA from Boston College and an MS in Biomedical Engineering from Worcester Polytechnic Institute.

  • Reply to

    I predict...

    by elitecrete1 Aug 6, 2015 3:59 PM
    elitecrete1 elitecrete1 Aug 7, 2015 2:47 PM Flag

    Earlier I wrote..."He has been actively participating at the highest levels in setting bio industry standards since 1995. "

    After looking at Benini's LinkedIn profile I see that he didn't begin working at Aware until Sept of 1999. So consider this a correction to that mistake. Some good stuff on that profie BTW. I didn't realize he had 3 patents of his own. There were also 3 interviews linked where I pulled some of my previous pastes from.

  • Benini answers:

    "The first wave of growth for biometrics came in the 1990s from demand for law enforcement solutions. The second came in the 2000s for border control, defence, and related security requirements due to new terrorism threats. Today we are in the midst of a third wave of growth derived from mass-market adoption of smart phones equipped with biometric sensors used for a password enhancement. And yes, I expect a fourth wave of growth to come from biometrics used to enhance unique identifiers. Ongoing mass-market adoption for authentication will help dispel the perception of biometrics as a privacy liability. Rather, biometrics will be increasingly recognized more accurately as a privacy asset that can be used to ensure our unique identifiers are in fact issued uniquely (one per person) and then to prevent their fraudulent use. "

  • Maybe to build a bridge and then sit back and collect the tolls?
    ------------------
    “Biometrics as a service” will likely emerge as a key element of this fraud prevention landscape in Latin America. In contrast to biometric authentication, identity proofing requires high-quality biometric enrolment and a one-to-many search of a potentially large biometric database. So from an implementation standpoint, it is a more substantial undertaking than biometric password enhancement schemes. For firms and government agencies wanting to implement biometric identity proofing but hesitant to make the investment, a subscription or pay-per-use service model is an attractive option.

  • Reply to

    David Benini and the future of Aware

    by radiofreeframingham Aug 7, 2015 5:59 AM
    elitecrete1 elitecrete1 Aug 7, 2015 11:38 AM Flag

    Radio writes..."If Benini leaves it will be because he is fed up with not being appreciated and compensated."

    How do any of us know how well he is appreciated or compensated? According to the SEC website:

    Forms 3, 4, 5

    Corporate insiders – meaning a company's officers and directors, and any beneficial owners of more than ten percent of a class of the company's equity securities registered under Section 12 of the Securities Exchange Act of 1934 – must file with the SEC a statement of ownership regarding those securities.

  • Reply to

    I predict...

    by elitecrete1 Aug 6, 2015 3:59 PM
    elitecrete1 elitecrete1 Aug 6, 2015 8:51 PM Flag

    It might be too obvious for Mr Moberg to participate since you called him out. I have someone higher up the food chain in mind who takes a much more 'indirect' approach to satisfy his greed.

  • Reply to

    I predict...

    by elitecrete1 Aug 6, 2015 3:59 PM
    elitecrete1 elitecrete1 Aug 6, 2015 7:04 PM Flag

    I can't disagree with anything you wrote FD but...None of this is new information. There is a core group of us long time shareholders on this YMB that all know this. That does not mean we can't use that knowledge to our own advantage.

    As a wise man recently pointed out to me, the economic benefits of the space program did not show up in viable commercial products and services until many years after the program began. The wise man suggested that perhaps that was also the case with biometrics. They were just not ready for prime time.

    I've come to understand that the real face of Aware Biometrics is David Benini. He is the man driving the train. He has been actively participating at the highest levels in setting bio industry standards since 1995. This guy is connected and he knows his stuff. One has to wonder what kept him at Aware all these years. I'm sure bigger companies have tried to poach him.

    We're all well aware of the failure to grow revenue, but no one seems to specifically know where the steady $4 plus million in bio revenue comes from every quarter other than 'the Govt'. Benini knows that prime time is near and it will happen first in the Govt sector. Just as the DOD was the first to benefit from the space program.

    I also think there is a greed that exists at Aware that is determined to vacuum up every single share of stock at the lowest possible price prior to selling the company. IMO, the best way to get that price capitulation is to arrange for Benini to leave. I have my reasons to believe that it will happen in the next 2 weeks or by Sept 30 at the latest.

    When it happens, I intend to back up the truck. Shortly thereafter we're going to see some fireworks.

    Then again, I may be wrong. It wouldn't be the first time.

  • elitecrete1 by elitecrete1 Aug 6, 2015 3:59 PM Flag

    David Benini is going to leave the company within the next two weeks. That announcement will shock everyone and the stock will tank.

    He will land at the company that will eventually buy Aware out.

  • Total Cash Per Share (mrq): 1.98

    Just bring it!

  • Reply to

    This looks like a good fit for Aware

    by sandeep25252013 Aug 5, 2015 11:01 AM
    elitecrete1 elitecrete1 Aug 6, 2015 11:06 AM Flag

    Me too

  • Reply to

    This looks like a good fit for Aware

    by sandeep25252013 Aug 5, 2015 11:01 AM
    elitecrete1 elitecrete1 Aug 5, 2015 9:52 PM Flag

    sandeep...would you please shoot me an email. I'd like to speak with you about this.

    myhandleatyahoodotcom

  • Reply to

    This looks like a good fit for Aware

    by sandeep25252013 Aug 5, 2015 11:01 AM
    elitecrete1 elitecrete1 Aug 5, 2015 3:38 PM Flag

    Unlike the Navy contract, this time the Govt will supply all the hardware:

    7.0 PERIODS OF PERFORMANCE
    The anticipated periods of performance will be one base period with four exercisable option periods.
    Base Period: September 30, 2015 – September 29, 2016
    OPTION 1: September 30, 2016 – September 29, 2017
    OPTION 2: September 30, 2017 – September 29, 2018
    OPTION 3: September 30, 2018 – September 29, 2019
    OPTION 4: September 30, 2019 – September 29, 2020
    -----------------------

    This Contract shall contain two Contract Line Item Numbers (CLINS).
    CLIN 0001 – Application Licenses - Firm Fixed Price (FFP) on a per license basis pertaining to the
    Mobile Biometric Application including maintenance for patches and upgrades in the pricing. Quotation
    of this CLIN shall be for a quantity of 500licenses for base and all four option periods.
    CLIN 0002 – Services - FFP and pertain to Services required in the Base Period only.
    CLIN 0003 – Travel – Time and Materials (T&M) travel associated with this CLIN will be based on one
    trip per month in the Base Year for a 6 day, 5 night stay in Clarksburg, WV under Federal Travel
    Regulation (Sunday Night through Thursday night).
    CLIN 0004 – Other Direct Costs (ODC’s) – FFP for the ancillary items required that are not identified as
    Government-furnished equipment (GFE) in the RFQ.

  • Reply to

    This looks like a good fit for Aware

    by sandeep25252013 Aug 5, 2015 11:01 AM
    elitecrete1 elitecrete1 Aug 5, 2015 3:03 PM Flag

    Synopsis:
    Added: Aug 03, 2015 4:05 pm
    Solicitation Number:
    DRAFTRFQ0023703
    Notice Type:
    Presolicitation
    Synopsis:
    Added: Aug 03, 2015 4:05 pm

    DRAFT RFQ for Industry Comment for Federal Bureau of Investigation (FBI) Criminal Justice Information Services (CJIS) Division Mobile Biometric Application (MBA) RFQ. THIS IS A DRAFT NOTICE ONLY. The intent of this notice is to allow Industry to question and comment on Government requirements for consideration by the Government.

    Please review the attached RFQ. Should there be any questions, please populate all questions into the attached excel spreadsheet titled DRAFT RFQ Question Template and return to Andrew.Stickley@ic.fbi.gov by Thurday August 6th, 2015 at 10:00 A.M. Eastern. The Government will not entertain late questions on this Draft.

    Upon receipt of all questions, the Government will address questions and update document accordingly (if applicable). Upon issuance of the FINAL RFQ for bid, a new timeframe for question and answer will be part of the issued notice (combined synopsis/solicitation). The FINAL RFQ attachements will include the answers to the Questions posed to this posting and an amended RFQ (if applicable). A new posting will be issued on FBI.gov for the FINAL RFQ.

  • Reply to

    This looks like a good fit for Aware

    by sandeep25252013 Aug 5, 2015 11:01 AM
    elitecrete1 elitecrete1 Aug 5, 2015 12:16 PM Flag

    Net-X Solutions releases ANSI/NIST compliant biometric viewer for Android

    fingerprints
    By Justin Lee
    June 3, 2015 -
    Net-X Solutions Ltd announced it has globally launched the world’s first ANSI/NIST compliant biometric viewer for over 6,000 Android devices.
    The biometric viewer has been available to users in the United States, Canada and United Kingdom since March 2015, but Net-X has decided to expand its release globally following the success of its recent trial.
    Agencies who regularly deal with biometrics use ANSI/NIST files to both transmit and receive critical biometric data relating to individuals.
    These agencies can now use the IDX NIST Viewer to access this biometric data from the majority of Android-based tablets and phones.
    “The release of our NIST Viewer product for Android devices cements our commitment to developing biometric products for the Android platform, and will see us releasing a number of our core APIs, including WSQ fingerprint compression, NIST import/export, and fingerprint identity services for this platform in the upcoming months,” said James Jones, director at Net-X Solutions Ltd.
    The COTS product is free for all policing, government and educational institutions, and expands on its existing user base for the Windows version of the same product.

  • Reply to

    This looks like a good fit for Aware

    by sandeep25252013 Aug 5, 2015 11:01 AM
    elitecrete1 elitecrete1 Aug 5, 2015 11:37 AM Flag

    Look at the Wiki.... for: Wavelet Scalar Quantization algorithm

    They actually link to Aware BUT...the link is dead. Given Awares recently ended contract with the Navy, I agree that they are capable of participating in a project like this if the FBI decides someday to proceed with it. Nice find Sandy.

  • Reply to

    Same excrement...different qtr

    by elitecrete1 Jul 23, 2015 4:12 PM
    elitecrete1 elitecrete1 Jul 24, 2015 12:37 AM Flag

    Ming Hsieh founded the biometric company, formerly known as Cogent Systems(COGT) in 1990. He was the majority shareholder and assumed the roles of CEO and COB. He was born in China and he transferred to USC's engineering program at age 24. The man struggled to speak English and his shareholders struggled even harder to understand him. But despite that, he presided over conference calls and subjected himself to the onslaught of analysts and shareholders every quarter. Cogent was purchased by 3M in 2010. Ming Hsieh has courage.

    In addition, for years, I have mocked the management of a biometric penny stock company of much lesser calibre known as BioKey (BKYI) . Despite the mockery, I must admit that the long time CEO Mike DePasquale, does summon the courage, or some may called it audacity, to face the wrath of his beleaguered shareholders quarter after quarter.

    Why did Aware Mgt choose to end conference calls and leave it's minority shareholders wandering in the dark? I believe we can only draw one conclusion, they are cowards.

ASEI
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