News Article

Aware Announces Closing Of Sale Of Selected Patents
Date: Sep 21, 2012
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Featured firm in this article: Aware Inc of Bedford, MA



BEDFORD, Mass., Sept. 21, 2012 /PRNewswire/ -- Aware, Inc. (NASDAQ: AWRE) announced today that it has completed the sale (as previously announced on August 23, 2012) of selected patents and patent applications to TQ Delta, LLC for US $16,000,000.00. 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.

About Aware
Aware is a leading software and technology supplier for the biometrics, telecommunications, and healthcare industries. Aware's biometrics software products and services are provided to solution vendors and system integrators for use by government agencies towards applications including border management, secure credentials, law enforcement, and national defense. Aware's DSL Service Assurance Group offers test and diagnostics software products that enable broadband service providers to manage their DSL networks. Aware also provides standards-based medical imaging software products to the healthcare industry. Aware is a publicly held company (Nasdaq: AWRE) based in Bedford, Massachusetts. www.aware.com