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Aware Sees Growth Opportunities as ADSL2+ Emerges: Announces StratiPHY2+ licensee BEDFORD, Mass. - November 22, 2004 – Aware, Inc. (NASDAQ: AWRE), a worldwide leader and innovator of broadband intellectual property, announced today that it believes that a transition to ADSL2 and ADSL2+ is underway and that this presents growth opportunities for Aware. ADSL2+ is an important element in making IPTV a reality and allows carriers to offer bundled triple-play (voice, data and video) services over DSL. The transition to ADSL2+ will improve consumers' options and open new revenue opportunities for service providers. Aware, Inc. designs, develops, licenses and markets DSL technologies that enable broadband communications over existing telephone networks. Its solutions, including splitterless G.lite, full-rate ADSL, ADSL2, ADSL2+, VDSL, Dr. DSL®, StratiPHY2+™, and G.SHDSL, address central office as well as customer premise requirements. Aware is also a leading provider of standards-based biometric transaction and image compression software toolkits. More information can be found at http://www.aware.com. Safe Harbor Warning 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 and earnings and the growth of the DSL market. Aware wishes to caution you that there are factors that could cause actual results to differ materially from the results indicated by such statements. These factors include, but are not limited to: we have a unique business model, our quarterly results are difficult to predict, we depend on a limited number of licensees, we derive a significant amount of revenue from one customer, we depend on equipment companies to incorporate our technology into their products, we face intense competition from other DSL vendors, DSL technology competes with other technologies for broadband access, and our business is subject to rapid technological change. We refer you to the documents Aware files from time to time with the Securities and Exchange Commission, specifically the section titled Risk Factors in our quarterly report on Form 10-Q for the quarter ended September 30, 2004 and other reports and filings made with the Securities and Exchange Commission. Dr. DSL and StratiPHY2+ are trademarks or registered trademarks of Aware, Inc. Any other trademarks appearing herein are the property of their respective owners.
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