Key Developments: Aware Inc (AWRE.W)
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18 Jun 2013
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Latest Key Developments (Source: Significant Developments)
Aware Inc Declares Special Cash Dividend Of $1.80 Per Share
Aware Inc announced that Board of Directors has declared a special cash dividend of $1.80 per share, or approximately $40 million in total. The special cash dividend will be paid on December 17, 2012 to shareholders of record as of December 3, 2012. Full Article
Aware Inc Announces Closing Of Sale Of Selected Patents
Aware Inc announced that it has completed the sale (as previously announced on August 23, 2012) of selected patents and patent applications to TQ Delta, LLC for USD16,000,000.00. The patents and patent applications relate to DSL technology. The sale is part of our patent management operation's efforts to sell and/or license portions of our patent portfolio. Global IP Law Group, LLC represented Aware in this transaction. Full Article
Aware Inc Announces Sale Of Selected Patents
Aware Inc announced that it has signed an agreement for the sale of selected patents and patent applications to TQ Delta, LLC for USD16,000,000, subject to customary closing conditions and any required regulatory approvals. The patents and patent applications relate to DSL technology. Full Article
Aware, Inc. Announces Closing Of Sale Of Selected Patents
Aware, Inc. announced that it has completed the sale (as previously announced on April 27, 2012) of selected patents and patent applications to Intel Corporation for $75,000,000.00. The patents and patent applications relate to WiFi (802.11n/ac), LTE and Wireline Home Networking. The sale is part of patent management operation's efforts to sell and/or license portions of patent portfolio. Global IP Law Group, LLC represented Aware in this transaction. Full Article
Aware, Inc. Provides Biometrics Software And Services For Three Border Management Systems
Aware, Inc. announced that it is providing biometrics software and services for three large-scale border management systems as a result of separate team-based project wins in Europe, the Middle East, and North America. In each case, Aware is subcontracted to provide system integrators with a full suite of COTS software development kits and configurable applications, including Universal Registration Client (URC), BioComponents, and Biometric Services Platform (BioSP). Aware is also providing software engineering services to the prime contractors to help configure and integrate the software. Full Article
Aware, Inc. Declares Special Cash Dividend Of $1.15 Per Share
Aware, Inc. announced that its Board of Directors has declared a special cash dividend of $1.15 per share, or approximately $24 million in total. The special dividend will be paid on May 25, 2012 to shareholders of record as of May 11, 2012. Full Article
Aware, Inc. Announces Sale Of Selected Patents To Intel Corporation
Aware, Inc. announced that it has signed an agreement for the sale of selected patents and patent applications to Intel Corporation for approximately USD75,000,000.00, subject to customary closing conditions and any required regulatory approvals. The patents and patent applications relate to WiFi (802.11n/ac), LTE and Wireline Home Networking. Full Article
TDC Selects Aware, Inc.'s Line Diagnostics Platform To Improve Quality Of DSL Network
Aware, Inc. announced that TDC, the provider of communications and entertainment solutions in Denmark, has deployed Aware's Line Diagnostics Platform (LDP) to improve the quality of their DSL-based services and to enhance its customer care and issue-resolution capabilities. Full Article
Aware, Inc. Receives TSA Contract To Provide Biometric Services Platform For Fingerprint System
Aware, Inc. announced that it has won a competitive contract to provide the Transportation Security Administration (TSA) of the U.S. Department of Homeland Security with a COTS (commercial off-the-shelf) Fingerprints System and associated installation support, training, and maintenance. The solution will utilize Aware's Biometric Services Platform (BioSP), a COTS, service-oriented biometric application server, to submit standard-compliant EFTS fingerprint records to the FBI for employee background checks, and provide a user interface to view results and generate reports. BioSP will perform various required workflows and functions associated with the background check process, including acceptance of records in EFTS format from TSA-approved collection agents, validation of the compliance of records being submitted, receipt and proper distribution of FBI responses, and temporary storage of records during the background check process. Full Article

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