Slide 1: Own Your Identity
Own Your Identity™ (NASDAQ: AWRE) www.aware.com Exhibit 99.2
Slide 2: Safe Harbor Statement
Safe Harbor Statement Portions of this release contain forward-looking statements regarding future events and are subject to risks and uncertainties, such as estimates or projections of future revenue, earnings and non-recurring charges, and the growth of the biometrics markets. Aware wishes to caut
Slide 3: Adaptive authentication to solve business challenges with biometrics
We apply proven and trusted adaptive authentication to solve everyday business challenges with biometrics.
Slide 4: Key Investment Highlights
Key Investment Highlights Proven Track Record new leadership team of industry experts World Renowned Customers Rapidly expanding financial services + loyal government customers $30M Cash investing in growth Mobile Biometric Leadership in a fast-growing market Growing SaaS Business high retention rat
Slide 5: Company Snapshot
Company Snapshot TRUSTED BY: $30M in cash and cash equivalents $0 debt $71M Market Capitalization (As of Feb. 22, 2022) 38% Insider Ownership 84 Patents REVENUE BY GEOGRAPHY: North America 60% Rest of World 5% Latin America 15% Europe 20% 4 Industry-leading technology platforms 20+ Countries 100+ Co
Slide 6: Enrolling, enabling, identifying, authenticating
We apply proven and trusted adaptive authentication to solve everyday business challenges with biometrics. ENROLLING Register biometric identities into your secure database ENABLING Manage the lifecycle of secure identities and transactions via optimized biometric interchanges IDENTIFYING Utilize yo
Slide 7: A Growing Need for Authentication
A Growing Need for Authentication COMMERCIAL GOVERNMENT WHY BIOMETRICS? Our offerings address the growing challenges that government and commercial enterprises face in knowing and authenticating and securing constituencies and clients, improving peace of mind for stakeholders at all levels. Spoofing
Slide 8: Compelling Market Profile
Compelling Market Profile Addressable Market 1 Biometric System Market by Authentication Type (Single-Factor: Fingerprint, Iris, Palm Print, Face, Voice; Multi-Factor), Offering (Hardware, Software), Functionality (Contact, Contactless, Combined), End User, and Region - Global Forecast to 2024 2 Glo
Slide 9: Transforming For Growth
Transforming For Growth Products streamlining to create focused business offerings SaaS introducing revolutionary offerings Partners rapid market share growth with broader distribution 1 2 3
Slide 10: Focused Offerings
Focused Offerings Knomi™ Mobile Authentication using liveness detection, document verification, and biometric face and voice matching iBeta Level 1 and Level 2 compliant – the most prestigious industry designation AwareID™ Next generation adaptive authentication platform for onboarding and authentic
Slide 11: Why We Are Chosen, Distinguished From Competitors
Aware is leading the convergence of Identity, Biometrics, AI and Cybersecurity via an adaptive competitive methodology which senses and responds to changing market needs from emerging or unexpected new challenges Customer-managed and integration-ready implementations Only provider that combines live
Slide 12: Aware Biometrics Services - Our SaaS Transformation
Aware Biometrics Services - ABS™ Enrollment Services* Enrollment Proctored and un-proctored Authentication Services* Individual Authentication TECHNOLOGY PROVIDED BY AWARE AND DELIVERED AS A SOLUTION BY OTHERS Core Services Trusted Registration Service * Liveness is part of services as needed, but m
Slide 13: Customers Around the World Using Aware Products
CUSTOMERS AROUND THE WORLD ARE USING AND ADOPTING AWARE PRODUCTS FOR DAY-TO-DAY AUTHENTICATION Annual Recurring Revenue Recurring Growth
Slide 14: Customer Case Study: Latin American Banks
CUSTOMER CASE STUDY: Latin American Banks THE CHALLENGE Onboarding new customers is critical to bank’s revenue growth, but onboarding is when banks are most vulnerable to fraud. Insiders and fraudsters impersonate existing identities and create synthetic identities to gain access to customer account
Slide 15: Leveraging Technology and Partnerships to Penetrate New Growth Markets
Financial Services Payment Processing Retail Government Healthcare Personal Security Data/Network Security Shared Economy Consumer Services INITIAL MARKET FOCUS EMERGING MARKET POTENTIALS Leveraging Technology and Partnerships to Penetrate New Growth Markets 3 Markets are at different levels of adop
Slide 16: Partner Case Study: Intercede
PARTNER CASE STUDY: Intercede THE CHALLENGE 81% of data breaches are caused by weak or stolen passwords1 and the average cost of a single breach is $4m2. Stronger methods of authentication exist but high costs, complexity of integration and the need for compliance with identity standards such as FIP
Slide 17: Financial Foundation For Growth
Financial Foundation For Growth Total Revenue $16.9M 2021 Total Assets $48M As of Dec. 31, 2021 Cash & Cash Equivalents $30M As of Dec. 31, 2021 Total Debt $0 2021 Tangible Book Value/Share $1.63 2021
Slide 18: Management Team
Management Team MORE THAN 75 YEARS OF BIOMETRIC EXPERTISE Bob Eckel Chief Executive Officer & President Rob Mungovan Chief Commercial Officer Mohamed Lazzouni, Ph.D. Chief Technology Officer Dave Barcelo Chief Financial Officer 20 + years with
Slide 19: Contact Us
Contact Us Aware 40 Middlesex Turnpike Bedford, Massachusetts 01730 Tel: (781) 276-4000 Email: ir@aware.com Gateway Investor Relations Tel: (949) 574-3860 Email: AWRE@gatewayir.com
Slide 20: Appendix
Appendix
Slide 21: Acquisition of Fortress Identity
Acquisition of Fortress Identity December 22, 2021 The acquisition is immediately accretive, strengthening our position in our core markets in Latin America and Europe and expanding our suite of offerings to include each link in the identity value chain The FortressID™ platform from Fortress Identit