I'm not sure that the procurement was ever made. But the fact is that it was being considered at one point.
I was poking around the FedBizOpps site and limited my search parameter only by typing 'biometrics' into the keyword field. It popped up along with many other things. The Govt seems very interested in the technology. Evidence to me that the industry may be finally maturing to the point where it's almost ready for prime time.
There is also plenty of competition. Most of which I'm probably not even aware or. Papillion is a perfect example. Even if the US Govt doesn't buy it,,other countries like Egypt, Iran, North Korea, Brazil, India, South Africa, Venezuela, Argintina, Chile, or China may. It sure brings up lot of national security issues doesn't it?
Do you really want a Russian company managing your identity databases? Or, if you're Germany, do you want an American company managing yours after the Snowden spying disclosures? The potential for blackmail and espionage is enormous. Hacking a computer network is no longer necessary when you have everyone's completed biometric data template at your disposal. Need a FP.?..no problem...An iris scan? no problem...Birth date? Social Security number, address, mothers maiden name? tattoo scans? No problem!
Do we really even trust our own Govt to have this information on all of us now? What about in 10 Years? 20 Years? Will this change our lives for the better? Before you answer, recall that J Edgar used to be the FBI director.
Society may be on a slippery slope here. Is all this in the name of fighting terrorists? Really?
The Department of State requires the following items, Exact Match Only, to the following:
LI 001: PAPILLON DPP-6p Handheld Biometric ID Terminals, 15, EA;
PAPILLON AO is a foremost ***Russian IT company and manufacturer***, involved in full-scale development and implementation of high-tech solutions and services to facilitate the work of law-enforcement agencies, businesses and government.
Our business priority is given to development and production of major biometric systems for personal identification by finger and palm prints. Some of these systems are widely used in forensics.
20 years of our cooperation with Russian and foreign police forces contributed to unique technologies created, and let our company acquire invaluable experience. As a result, we now have our own concept of architecture and design of robust biometric systems, which are undoubtedly essential in our modern age.
Through all of these years, we have been successfully bringing to life our increasingly sophisticated projects, the largest of which is a united multilevel system of national fingerprint registration in the Ministry of Interior (MOI). Today this system covers the entire territory of Russia and operates the database of millions of fingerprint objects.
Our foreign sales geography, now comprising 22 countries, is constantly expanding.
PAPILLON systems fully comply with the current world’s standards for the interchange, identification and verification of fingerprint information.
PAPILLON LIVE SCANNER System for Electronic Fingerprinting
PAPILLON FILTER Express ID Check System
Mobile Solutions for Fingerprint Identification
PAPILLON ZIRKON Iris Recognition System
PAPILLON-POLYFACE Facial Recognition System
58--Sources sought for mobile biometric terminal
Solicitation Number: MARKET-SURVEY-5898-1
Agency: Department of the Army
Office: Army Contracting Command
Location: ACC-APG - Aberdeen Division B
Added: Aug 05, 2015 11:31 am
PLEASE DO NOT CONTACT M.RODRIGUEZ-GIST JR
For any additional information, please contact the following POC: FMS Engineer Mark Conrad (443-395-7013, firstname.lastname@example.org)
US Army Communications-Electronics Command (CECOM) Security Assistance Management Directorate (SAMD) is seeking sources able to provide quantity ten mobile biometric terminals capable of fingerprint capture, iris capture, camera. Further desirable feature include bar code reading, integration of finger-iris-face-credentials, MRZ reader (passports, visas), RFID reader (e-passports, PIV).
Answering this Market Survey
Responses may be by electronic media sent to the email address provided herein. All that is required is identification of the respondent, a description of the capabilities of a proposed device, and if possible an approximate price range for the item.
The responses to this market survey will be used for informational purposes only. This is not a request for a formal proposal of any kind. The US Government is not seeking or accepting unsolicited proposals.
The Government will not pay for any information received or costs incurred in preparing the response to the market survey. Therefore any cost associated with the market survey submission is solely at the interested vendor's expense.
The Government may in the future decide to pursue a full and open competition or set aside all or part of the procurement for small businesses, service-disabled veteran-owned small businesses or eligible socially and economically disadvantaged businesses that are certified by the SBA for participation in the SBA's 8(a) Program. If an interested responder qualifies for one of these classifications, please note that on the response.
All responses to this market survey must be received 14 August 2015 at 4:00 PM CST. Please include the announcement number in your e-mail. All submittals should be submitted to: Mark Conrad (443-395-7013, email@example.com, and firstname.lastname@example.org).
It seems the time to buy is at the open on most days recently. The stock drops 2+ % at the open on very light volume and only crab trap bids are there to catch the fall.
The stocks struggles to make it back to the previous days close later on in the day. All of this happens on very light volume. Consider today for instance, the S&P is up 1.2%, and Aware is down 2.1% on 7000 shares traded with only 3 hrs left in the trading day.
As I write this, there is a sell offer showing for 10,000 shares @ 3.35 and the highest bid is 700 shares @ 3.25. Does that sound like a reasonable trading strategy for someone that is actually trying to sell those shares? Or does it look like someone trading both sides of the stock from two different accounts?
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
"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.
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.
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.
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.
"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.
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.
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.
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.
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!
sandeep...would you please shoot me an email. I'd like to speak with you about this.