Microsoft Certifies authID's Identity Verification, Unlocking Access to Vast Enterprise Market
AUID sits 50% above its 52-week low of $0.84.
Summary
authID Inc. has achieved Microsoft Entra Verified ID Identity Verification Partner Certification. This significant milestone provides instant credibility and expands authID's addressable market to Microsoft's extensive global enterprise customer base, which includes over 800,000 organizations. For a company with a recent going concern warning, this certification is a critical development that could drive substantial pipeline growth and improve its financial outlook. This follows recent partnership announcements with Rubidex and Trinsic.
At the time of this announcement, AUID was trading at $1.26 on NASDAQ in the Technology sector, with a market capitalization of approximately $18.6M. The 52-week trading range was $0.84 to $5.71. This news item was assessed with positive market sentiment and an importance score of 8 out of 10. Source: GlobeNewswire.