{"success":true,"data":{"pressRelease":{"id":"81991","rtpr_id":"nGNX5t9sYC","ticker":"AUID","exchange":"NASDAQ","all_tickers":["AUID"],"title":"authID Announces Strategic Partnership with SynerComm to Expand Biometric Identity Security Across Highly Regulated Enterprises","author":"Globe Newswire","published_at":"2026-07-07T12:00:01.268Z","article_body":"Collaboration Delivers Verified Identity and Continuous Authentication to\nFinancial Services, Industrial Manufacturing, Healthcare, and Government\nOrganizations\n\nDENVER, July 07, 2026 (GLOBE NEWSWIRE) -- authID (Nasdaq: AUID), a leading\nprovider of biometric identity verification and authentication solutions,\ntoday announced a strategic reseller partnership with SynerComm, a\ncybersecurity value-added reseller (VAR) specializing in Zero Trust\narchitectures and enterprise security solutions.\n\nThrough the partnership, SynerComm will deliver authID’s biometric identity\nverification and authentication services to its enterprise customers, enabling\norganizations to strengthen identity assurance across workforce access, help\ndesk operations, and secure system access within modern cybersecurity\nframeworks.\n\nThe partnership expands authID’s channel-driven go-to-market strategy while\nenabling SynerComm to differentiate its cybersecurity portfolio with\nhigh-assurance, privacy-first identity capabilities.\n\n“Identity has become the control center for modern cybersecurity,” said\nRhon Daguro, CEO of authID. “As enterprises adopt Zero Trust architectures,\nverifying who is behind every access request is critical. Our partnership with\nSynerComm brings a high-assurance biometric layer into their cybersecurity\nstack, helping organizations reduce fraud, strengthen identity assurance, and\nimprove user experience without adding friction. At the same time it adds a\nvaluable and highly experienced solutions provider to our partner\necosystem.”\n\nSynerComm delivers solutions spanning cyber threat, identity management, and\ninfrastructure requirements to help enterprise customers modernize their\nsecurity posture. By incorporating authID’s biometric identity verification\nand authentication capabilities, SynerComm can offer a differentiated\nidentity-first approach aligned to Zero Trust principles.\n\n“Our customers are prioritizing identity as a foundational component of\ntheir security strategies,” said Andy Russell, Chief Revenue Officer of\nSynerComm. “Partnering with authID allows us to deliver a stronger identity\nassurance layer that complements our existing cybersecurity solutions,\nenabling our clients to move faster toward Zero Trust without compromising\nuser experience.”\n\nThe partnership also reflects authID’s continued investment in scaling\nthrough high-impact channel relationships that drive repeatable, channel-led\nrevenue growth.\n\nMARKET OPPORTUNITY\n\nThe partnership is aligned with rapidly expanding identity and cybersecurity\nmarkets. The global identity verification market is projected to grow from\napproximately $15.84 billion in 2026 to more than $50 billion by 2034,\nreflecting strong demand for fraud prevention and secure digital interactions.\n\nThe digital identity solutions market is expected to surpass $135 billion by\n2033, driven by enterprise adoption of biometric authentication, AI-based\nsecurity, and regulatory pressures requiring stronger identity controls.\n\nAt the same time, biometric authentication is becoming a core component of\nenterprise security, with next-generation solutions growing at over 20 percent\nCAGR as organizations shift toward passwordless and high-assurance identity\nmodels.\n\nAcross industrial and enterprise environments, cybersecurity investment\ncontinues to accelerate, with the vast majority of organizations investing in\nplatforms that secure converging IT and operational systems, reinforcing\nidentity as a critical control layer.\n\nABOUT AUTHID\n\nauthID (Nasdaq: AUID) ensures enterprises “Know Who's Behind the\nDevice™” for every customer or employee login and transaction through its\neasy-to-integrate, patented, biometric identity platform. authID quickly and\naccurately verifies a user's identity, leveraging a 1-in-1-billion False\nPositive Rate for the highest level of assurance, coupled with\nindustry-leading speed and privacy-preserving technology. Our IDX platform\nsecures the distributed workforce of employees and contractors, while\nenforcing authorization and accountability for AI agents. By creating a\nbiometric root of trust for each user, authID stops fraud at onboarding,\nprevents account takeover, detects and stops deepfakes, eliminates password\nrisks and costs, and provides the fastest, frictionless, and most accurate\nuser identity experience in the industry. For more information,\nvisit www.authID.ai.\n\nauthID Investor Relations\ninvestor-relations@authID.ai\n\nABOUT SYNERCOMM\n\nSynerComm is a cybersecurity and IT infrastructure solutions provider that\nhelps organizations strengthen security and optimize network performance\nacross their technology stack. With more than 30 years of experience serving\nindustries such as finance, healthcare, and government, SynerComm is trusted\nby Fortune 500 customers, is recognized by Gartner, and delivers services\nincluding penetration testing, cyber risk assessment, continuous security\noperations, and infrastructure optimization. The company partners with leading\ntechnology providers to deliver integrated solutions that reduce risk, improve\nresilience, and support enterprise growth.\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/200c48a1-4b89-452a-ab23-3ef78f372b8c)\n\n\n\nGlobeNewswire, Inc. 2026","article_body_html":"","raw_payload":{"data":{"id":"nGNX5t9sYC","title":"authID Announces Strategic Partnership with SynerComm to Expand Biometric Identity Security Across Highly Regulated Enterprises","author":"Globe Newswire","ticker":"AUID","created":"2026-07-07T12:00:01.268Z","tickers":["AUID"],"exchange":"NASDAQ","article_body":"Collaboration Delivers Verified Identity and Continuous Authentication to\nFinancial Services, Industrial Manufacturing, Healthcare, and Government\nOrganizations\n\nDENVER, July 07, 2026 (GLOBE NEWSWIRE) -- authID (Nasdaq: AUID), a leading\nprovider of biometric identity verification and authentication solutions,\ntoday announced a strategic reseller partnership with SynerComm, a\ncybersecurity value-added reseller (VAR) specializing in Zero Trust\narchitectures and enterprise security solutions.\n\nThrough the partnership, SynerComm will deliver authID’s biometric identity\nverification and authentication services to its enterprise customers, enabling\norganizations to strengthen identity assurance across workforce access, help\ndesk operations, and secure system access within modern cybersecurity\nframeworks.\n\nThe partnership expands authID’s channel-driven go-to-market strategy while\nenabling SynerComm to differentiate its cybersecurity portfolio with\nhigh-assurance, privacy-first identity capabilities.\n\n“Identity has become the control center for modern cybersecurity,” said\nRhon Daguro, CEO of authID. “As enterprises adopt Zero Trust architectures,\nverifying who is behind every access request is critical. Our partnership with\nSynerComm brings a high-assurance biometric layer into their cybersecurity\nstack, helping organizations reduce fraud, strengthen identity assurance, and\nimprove user experience without adding friction. At the same time it adds a\nvaluable and highly experienced solutions provider to our partner\necosystem.”\n\nSynerComm delivers solutions spanning cyber threat, identity management, and\ninfrastructure requirements to help enterprise customers modernize their\nsecurity posture. By incorporating authID’s biometric identity verification\nand authentication capabilities, SynerComm can offer a differentiated\nidentity-first approach aligned to Zero Trust principles.\n\n“Our customers are prioritizing identity as a foundational component of\ntheir security strategies,” said Andy Russell, Chief Revenue Officer of\nSynerComm. “Partnering with authID allows us to deliver a stronger identity\nassurance layer that complements our existing cybersecurity solutions,\nenabling our clients to move faster toward Zero Trust without compromising\nuser experience.”\n\nThe partnership also reflects authID’s continued investment in scaling\nthrough high-impact channel relationships that drive repeatable, channel-led\nrevenue growth.\n\nMARKET OPPORTUNITY\n\nThe partnership is aligned with rapidly expanding identity and cybersecurity\nmarkets. The global identity verification market is projected to grow from\napproximately $15.84 billion in 2026 to more than $50 billion by 2034,\nreflecting strong demand for fraud prevention and secure digital interactions.\n\nThe digital identity solutions market is expected to surpass $135 billion by\n2033, driven by enterprise adoption of biometric authentication, AI-based\nsecurity, and regulatory pressures requiring stronger identity controls.\n\nAt the same time, biometric authentication is becoming a core component of\nenterprise security, with next-generation solutions growing at over 20 percent\nCAGR as organizations shift toward passwordless and high-assurance identity\nmodels.\n\nAcross industrial and enterprise environments, cybersecurity investment\ncontinues to accelerate, with the vast majority of organizations investing in\nplatforms that secure converging IT and operational systems, reinforcing\nidentity as a critical control layer.\n\nABOUT AUTHID\n\nauthID (Nasdaq: AUID) ensures enterprises “Know Who's Behind the\nDevice™” for every customer or employee login and transaction through its\neasy-to-integrate, patented, biometric identity platform. authID quickly and\naccurately verifies a user's identity, leveraging a 1-in-1-billion False\nPositive Rate for the highest level of assurance, coupled with\nindustry-leading speed and privacy-preserving technology. Our IDX platform\nsecures the distributed workforce of employees and contractors, while\nenforcing authorization and accountability for AI agents. By creating a\nbiometric root of trust for each user, authID stops fraud at onboarding,\nprevents account takeover, detects and stops deepfakes, eliminates password\nrisks and costs, and provides the fastest, frictionless, and most accurate\nuser identity experience in the industry. For more information,\nvisit www.authID.ai.\n\nauthID Investor Relations\ninvestor-relations@authID.ai\n\nABOUT SYNERCOMM\n\nSynerComm is a cybersecurity and IT infrastructure solutions provider that\nhelps organizations strengthen security and optimize network performance\nacross their technology stack. With more than 30 years of experience serving\nindustries such as finance, healthcare, and government, SynerComm is trusted\nby Fortune 500 customers, is recognized by Gartner, and delivers services\nincluding penetration testing, cyber risk assessment, continuous security\noperations, and infrastructure optimization. The company partners with leading\ntechnology providers to deliver integrated solutions that reduce risk, improve\nresilience, and support enterprise growth.\n\n(https://www.globenewswire.com/NewsRoom/AttachmentNg/200c48a1-4b89-452a-ab23-3ef78f372b8c)\n\n\n\nGlobeNewswire, Inc. 2026"},"type":"article","timestamp":"2026-07-07T12:00:01.779715001Z","server_sent_at_ms":1783425601779},"received_at":"2026-07-07T12:00:01.878Z","source_url":"https://www.globenewswire.com/news-release/2026/07/07/3323103/0/en/authID-Announces-Strategic-Partnership-with-SynerComm-to-Expand-Biometric-Identity-Security-Across-Highly-Regulated-Enterprises.html"},"analysis":{"id":"71103","press_release_id":"81991","analysis_json":{"industry":{"label":"Software","sector":"Information Technology"},"redFlags":[],"eventType":"partnership","narrative":"authID announced a strategic reseller partnership with SynerComm, a cybersecurity value-added reseller specializing in Zero Trust architectures.\n\nSynerComm will distribute authID’s biometric identity verification services to its enterprise customers in financial services, healthcare, and government sectors.\n\nThe deal expands authID’s channel-driven go-to-market strategy, leveraging SynerComm’s existing relationships to drive repeatable revenue growth in highly regulated industries.","sentiment":"bullish","agentHooks":{"shouldPost":false,"suggestedAngle":"Channel expansion: authID taps SynerComm’s Zero Trust client base for biometric identity solutions."},"keyFigures":{"customDimensions":{"biometric_auth_cagr":"20%","digital_identity_market_2033":"$135 billion","identity_verification_market_2026":"$15.84 billion","identity_verification_market_2034":"$50 billion"}},"quotedText":"Identity has become the control center for modern cybersecurity","namedEntities":{"people":[{"name":"Rhon Daguro","role":"CEO of authID"},{"name":"Andy Russell","role":"Chief Revenue Officer of SynerComm"}],"products":["IDX platform","biometric identity verification","biometric authentication"],"companies":[{"name":"authID","ticker":"AUID","relationship":"filer"},{"name":"SynerComm","relationship":"partner"}],"dollarAmounts":[{"amount":"$15.84 billion","context":"global identity verification market size in 2026"},{"amount":"$50 billion","context":"projected global identity verification market size by 2034"},{"amount":"$135 billion","context":"projected digital identity solutions market size by 2033"}]},"materialImpact":{"score":2,"reasoning":"Strategic reseller partnership with a cybersecurity VAR (SynerComm) expands channel reach. This is a standard go-to-market expansion event, not a transformative M&A or product launch. 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