BEDFORD, Mass., April 1, 2011 /PRNewswire/ -- Aware, Inc. (NASDAQ: AWRE), a leading supplier of technology and software for the telecommunications and biometrics industries, today announced that Edmund C. Reiter has resigned, effective April 1, 2011, as President and Chief Executive Officer and director of the board of the company citing personal reasons.
Richard P. Moberg, CFO and Kevin T. Russell, General Counsel have been named co-CEOs and co-Presidents on an interim basis. Mr. Moberg has served as Aware's CFO since February 2008 and previously served as CFO from June 1996 to October 2003. Mr. Russell has been with Aware since April 2000 and has served as General Counsel since September 2005.
Mr. Moberg and Mr. Russell said, "We thank Ed for his many years of dedicated service to Aware. Ed's numerous and valuable contributions to Aware included building the company's biometrics and imaging business as well as the company's DSL test and diagnostic business. The company is fortunate that he has left behind two strong organizations that are well positioned for the future. We wish him the best in his future endeavors."
Mr. Reiter will continue to serve as a consultant to the company during a transition period. The company has begun the search process for a new CEO.
Aware is a leading technology and software supplier for the telecommunications and biometrics industries. Aware has pioneered innovations at telecommunications standards-setting organizations for DSL and home networking. Telecom equipment vendors and phone companies use Aware's DSL test and diagnostics modules and Dr. DSL® software to provision and troubleshoot DSL circuits globally. Aware is also a veteran of the biometrics industry, providing biometric and imaging software components used in government systems worldwide
|SOURCE Aware, Inc.|
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