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ImageWare® Systems Extends Global Reach into Japanese Market with TwoFive, Inc. Partnership

ImageWare Opens Tokyo Sales Office TOKYO, JAPAN and SAN DIEGO, CA – July 18, 2018 – ImageWare® Systems, Inc. (OTCQB: IWSY), a leader in mobile and cloud-based multi-modal biometric identity management solutions announces a distribution and integration partnership with leading security solutions provider TwoFive, Inc., which includes an initial modest order. TwoFive, Inc. develops end-to-end solutions for the Japanese service provider community as well as distributes messaging security solutions. Weak or stolen credentials are the leading cause for data breaches and information loss. TwoFive’s partnership with ImageWare brings GoVerifyID® to the service provider community and beyond to remove this risk from an ever changing and more complex security landscape. ImageWare’s Senior Vice President Global Sales and Marketing, David Somerville, commented, “Our expanding commitment to the Japanese and Asia Pacific markets are evidenced by our TwoFive partnership and opening of the ImageWare office in the Marunouchi district Tokyo, and the appointment of Japan-based Vice President Sales for Asia Pacific, Stuart Folo.” Nobuhiro Suemasa, CEO of TwoFive, Inc., added, “The strategy of many organizations in Japan and abroad is a reliance on the ongoing strength of a password to protect mission critical assets such as databases and applications. Continued breaches in enterprises of all sizes shows that the Japanese market continues to be exploited and the only way to secure these assets is by identifying the user at the time of authentication or transaction through multi-factor biometrics. We are excited to integrate, distribute and support the industry’s best of breed platform for multi-factor biometrics with ImageWare.” About TwoFive, Inc. TwoFive, Inc. is specialized in the security, design and development of large-scale messaging infrastructure at fixed line and mobile operators in Japan. The company was founded in 2014 by a dedicated number of messaging security experts who have deployed numerous platforms in Japan’s …

IWS_Corporate_Update-2018

ImageWare® Systems Sales Update

SAN DIEGO, CA – July 18, 2018 – ImageWare Systems, Inc.  (OTCQB: IWSY), a leader in mobile and cloud-based multi-modal biometric identity management solutions provided an interim sales update. Three ImageWare partners have made the following sales: Our largest partner – To a Canadian financial institution which will utilize our multi-modal biometrics initially for its employees. CDW – To a Philadelphia-based credit union and a New York-based financial services company, both of which will initially utilize multi-modal biometric security for their respective employees. For these partner sales ImageWare generates revenue on a per user/per month basis. Four Points Technology LLC – received a multi-year $3.6 million award from the Veteran’s Administration (VA) for biometric licensing and support http://www.fedhealthit.com/2018/06/vaawards-3-6m-imageware-software-maintenance-task/. ImageWare had direct sales totaling approximately $280,000 to existing US law enforcement agency customers for new projects. Jim Miller, Chairman and CEO of ImageWare said that, “Our vendor-neutral, open-architected and patented ImageWare Biometric Engine platform provides government agencies and commercial enterprises with extremely flexible capabilities to meet any new business requirements. “The two sales to existing customers is a validation of the value proposition of our biometric products. These three new customers, brought to us through partners, are just the tip of the iceberg of business that we see entering the final stages of the sales cycle,” concluded Miller. About ImageWare Systems, Inc. ImageWare Systems, Inc. is a leading developer of mobile and cloud-based identity management solutions, providing patented biometric authentication solutions for the enterprise. Biometric technology uses unique physical characteristics to authenticate a person’s identity. The company delivers next generation biometrics as an interactive and scalable cloud-based solution. ImageWare brings together cloud and mobile technology to offer multi-factor authentication for smartphone users, for the enterprise, and across industries. ImageWare’s products support multi-modal biometric authentication including, but not limited to, any individual …

AHIP 2018

ImageWare® to Showcase the FDA-Cleared pillphone® Application for Patient Engagement and Medication Adherence using Biometric Authentication at AHIP 2018

Company will also show GoVerifyID, a multi-factor biometric authentication and secure clinical communications solution for the healthcare industry. SAN DIEGO, CA, June 12, 2018 – ImageWare Systems, Inc. (ImageWare or IWS) (OTCQB: IWSY), a leader in mobile and cloud-based, multi-modal biometric identity management solutions, today announced it will debut the enterprise level pillphone, which supports medication adherence and patient engagement, at the America’s Health Insurance Plans (AHIP) Institute & Expo 2018.  ImageWare will also demonstrate GoVerifyID, which provides multi-modal biometric authentication for healthcare organizations, at this industry leading event. As a sponsor of AHIP 2018, ImageWare will demonstrate these solutions at booth 433 located in the San Diego Convention Center on June 20-22, 2018. “The pillphone is the only FDA-cleared mobile application for medication reminders and information exchange over a wireless device. Our communication platform connects and supports healthcare providers, family caregivers, and patients when they are outside of the medical facility. It streamlines workflows and improves care team communication and collaboration with patients by offering personalized, two-way interactive, secure messaging and real-time remote medication monitoring” stated Tom Evangelisti, Director of Digital Health, ImageWare Systems. “Our patients have attested that the pillphone helps them to adhere to their medication regimens and enhances their relationship with their doctors,” said Dr. Michael Welch, M.D., a board-certified specialist in allergy and immunology, co-director of the Allergy and Asthma Medical Group and Research Center in San Diego, and Clinical Professor at the University of California, San Diego School of Medicine. ImageWare’s GoVerifyID can easily add biometric user authentication to healthcare systems, EHR applications, electronic prescription systems, and clinical environments.  ImageWare provides biometric user authentication for the largest integrated healthcare system in the USA.** “Over a million patient records were exposed by 110 healthcare data breaches in Q1 2018* alone.  ImageWare’s GoVerifyID Enterprise Suite product mitigates the risk of …

LD Micro Invitational 2018

ImageWare Systems to Present at the LD Micro Invitational Conference

San Diego (May 22, 2018) – ImageWare® Systems, Inc. (OTCQB: IWSY), a leader in mobile and cloud-based, multi-modal biometric identity management solutions, today announced that the Company will present at the LD Micro Invitational Conference in Los Angeles on Tuesday, June 5th at 8:30am PT. Jim Miller, Chairman and CEO, will discuss the Company’s technology and direct sales efforts as well as partner sales efforts. The presentation will be webcast with slides and will be available live or by replay for 90 days. You can access it here: http://wsw.com/webcast/ldmicro14/iwsy/. About LD Micro  LD Micro was founded in 2006 with the sole purpose of being an independent resource in the microcap space. The firm hosts several influential conferences annually (Invitational, Summit, and Main Event). In 2015, LDM launched the first pure microcap index (the LDMi) to exclusively provide intraday information on the entire sector. LD will continue to provide valuable tools for the benefit of everyone in the small and micro-cap universe. For those interested in attending, please contact David Scher at david@ldmicro.com or visit www.ldmicro.com for more information. About ImageWare® Systems, Inc.  ImageWare Systems, Inc. is a leading developer of mobile and cloud-based identity management solutions, providing patented biometric authentication solutions for the enterprise. Biometric technology uses unique physical characteristics to authenticate a person’s identity. The company delivers next generation biometrics as an interactive and scalable cloud-based solution. ImageWare brings together cloud and mobile technology to offer multi-factor authentication for smartphone users, for the enterprise, and across industries. ImageWare’s products support multi-modal biometric authentication including, but not limited to, any individual use or combination of face, voice, fingerprint, iris, palm, and more. All the biometrics can be combined with or used as replacements for authentication and access control tools, including tokens, digital certificates, passwords, and PINS, to provide the ultimate level …

IWS_Corporate_Update-2018

ImageWare® Systems Reports 2018 First Quarter Financial Results

Update on Partners’ Biometric Sales and Marketing San Diego (May 10, 2018) – ImageWare® Systems, Inc. (OTCQB: IWSY), a leader in mobile and cloud-based, multi-modal biometric identity management solutions, reported financial results for the first quarter ended March 31, 2018.  Q1 Summary of Results Revenue for the first quarter ended March 31, 2018 decreased 23% to $716,000 from $928,000 in the first quarter 2017. Gross profit for the first quarter was $468,000 (65%) as compared with $666,000 (72%) in the first quarter 2017. Net loss was $3.6 million in the first quarter compared with $2.7 million in the first quarter 2017.  Recently Announced Significant Events In April ImageWare received a $730,000 order from an existing customer for additional licenses of its Biometric Engine® identification software. In January, the company brought on board David Somerville as Sr. Vice President of Sales and Marketing to help the company to navigate the expected increase in worldwide sales activity. Mr. Somerville has over 20 years of high-level experience in the sales and support of security software. Jim Miller, Chairman and CEO of ImageWare Systems said, “Revenues in the quarter continued to reflect primarily our legacy business. However, we did see initial orders from several of our sales partners. Thus far in 2018 we have seen our first sales, although modest, under that model from our partners CDW, Fujitsu, Extenua and Avatier. While we have limited direct visibility on when sales projects will actually close, we do know that every project is making progress and our partners have given us good reason to believe that several will close in the second quarter,” Miller concluded.  2018 First Quarter Financial Results Conference Call The Company will host an investor update call on Thursday, May 10, 2018 at 1:30pm PT (4:30pm ET).The Participant Dial-In Number for the conference …

IWS_Corporate_Update-2018

ImageWare® Systems Sets 2018 First Quarter Financial Results and Investor Update Conference Call

San Diego (April 27, 2018) – ImageWare® Systems, Inc. (OTCQB: IWSY), a leader in mobile and cloud-based, multi-modal biometric identity management solutions, today announced that on May 10, 2018 the Company will file its Form 10-Q shortly after the close of the stock market and will host an investor update conference call the same day at 1:30pm PT (4:30pm ET) to review first quarter results. Management’s discussion will include the Company’s direct sales efforts as well as partner sales efforts. First Quarter Results Investor Update Call The Company will host an investor update call on Thursday, May 10, 2018 at 1:30pm PT (4:30pm ET).The Participant Dial-In Number for the conference call is Domestic/International 1-631-891-4304. Participants should dial in to the call at least five minutes before 1:30pm PT (4:30pm ET) on May 10, 2018. The call can also be accessed “live” online at http://public.viavid.com/index.php?id=129600. A replay of the recorded call will be available for 90 days on the Company’s website (https://iwsinc.com/about/investors/). You can also listen to a replay of the call by dialing toll-free 1-844-512-2921 (international only – 1-412-317-6671) starting May 10, 2018, at 7:30pm ET through May 17, 2018 at 11:59 pm ET. Please use PIN Number 10004818.  About ImageWare Systems, Inc. ImageWare Systems, Inc. is a leading developer of mobile and cloud-based identity management solutions, providing patented biometric authentication solutions for the enterprise. Biometric technology uses unique physical characteristics to authenticate a person’s identity. The company delivers next-generation biometrics as an interactive and scalable cloud-based solution. ImageWare brings together cloud and mobile technology to offer multi-factor authentication for smartphone users, for the enterprise, and across industries. ImageWare’s products support multi-modal biometric authentication including, but not limited to, any individual use or combination of face, voice, fingerprint, iris, palm, and more. All the biometrics can be combined with or used as replacements for …

GoVerifyID Enterprise Suite

ImageWare Sales update of GoVerifyID

ImageWare® Provides Sales Update of GoVerifyID® Biometric Authentication Technology  Announces Additional License Sales to Existing Federal Government Customer in Addition to Four New Partner Sales San Diego (April 10, 2018) – ImageWare Systems, Inc. (OTCQB: IWSY), a leader in mobile and cloud-based, multi-modal biometric identity management solutions, provides its first sales update for 2018. Jim Miller, Chairman and CEO of ImageWare, said that “We have sold additional licenses to an existing customer who is expanding the use of the IWS Biometric Engine and three of our partners have made initial sales of GoVerify ID (GVID). We continue to expect that many initial sales will often be made for enterprise/employee users and then adding users as services are rolled out to their customers. “Working with our partners, combined with anticipated sales from our own sales efforts, we now expect additional sales on a regular basis and look forward to the next sales update in May,” concluded Miller. Federal Government Customer  An existing Federal government customer, who has been using the patented IWS Biometric Engine for biometric authentication for more than five years, has made a $730,000 purchase of additional licenses. Partner Sales  An ImageWare partner has made a sale to a privately held global corporation which has placed an initial order for enterprise GVID to serve the first 1,000 employees with plans to roll out GVID to its remaining 55,000 employees throughout the year. Another ImageWare partner has made a sale of its new cloud-based product with GVID built-in to two federal government agencies for use by select employees. Fujitsu has purchased licenses for 1,000 of its employees. For all four of these partner sales, ImageWare generates revenue on a per user/per month basis. GoVerifyID ImageWare’s GoVerifyID technology provides turnkey solutions to secure enterprise systems from security infrastructure providers such as Fujitsu, Microsoft, …

IWS_Corporate_Update-2018

ImageWare® Systems Reports 2017 Q4 and Year-End Financial Results

Update on Partners’ Biometric Sales and Marketing San Diego (March 19, 2018) – ImageWare® Systems, Inc. (OTCQB: IWSY), a leader in mobile and cloud-based, multi-modal biometric identity management solutions, reported financial results for fourth quarter and year ended December 31, 2017. The revenue for both periods primarily reflects our legacy business.  Q4 Summary of Results Revenue for the fourth quarter ended December 31, 2017 increased 32% to $1,221,000 from $925,000 in the fourth quarter 2016. Gross profit for the quarter was $975,000 (80%) as compared with $641,000 (69%). Net loss was $2.4 million in the quarter compared with $2.7 million in the fourth quarter 2016. Year-End Summary of Results Revenue for the year ended December 31, 2017 increased 14% to $4.3 million as compared with $3.8 million for the year ended 2016. Gross profit for 2017 was $3.3 million (77%) compared with $2.7 million (72%) in 2016. Net loss for the year was $13.7 million in 2017 as compared with $10.9 million in 2016. Cash at year-end 2017 was $7.3 million as compared with $1.6 million at year-end 2016.  Recent Significant Events ImageWare entered a new large and lucrative vertical – the healthcare market Life Med ID is our newest marketing and sales partner using GoVerifyID® to provide multi-modal biometric authentication to patient identity in healthcare. Fujitsu has added the IWS pillphone® to its sales and marketing agreement with ImageWare and has introduced its own healthcare product for patient-physician engagement. In addition to connecting a medical care team to patients, the application secures communications using the Biometrics-as-a-Service™ (BIOaaS™) platform from Fujitsu, which provides secure multi-modal biometrics for patient identity verification without requiring passwords. Our GoVerifyID (GVID) is the multi-modal component in this solution. Fujitsu extended its sales and marketing agreement with ImageWare to include Australia. Fujitsu licensed ImageWare’s GVID technology …

IWS_Corporate_Update-2018

ImageWare® Systems Sets 2017 Year-End Financial Results and Investor Update Conference Call

San Diego (March 2, 2018) – ImageWare® Systems, Inc. (OTCQB: IWSY), a leader in mobile and cloud-based, multi-modal biometric identity management solutions, today announced that on March 16, 2018 the Company will file its Form 10-K shortly after the close of the stock market and will host an investor update call the following Monday, March 19th at 1:30pm PT (4:30pm ET) and review 2017 year end results. Management’s discussion will include the Company’s technology, its direct sales efforts as well as partner efforts including: Fujitsu – initiated sales efforts for GoVerifyID® IBM – validated GoVerifyID to integrate with IBM’s ISAM (Security Access Manager) CDW – initiated sales for GoVerifyID and IWS Cloud ID solutions 2017 Year End Results Investor Update Call The Company will host an investor update call on Monday, March 19, 2018 at 1:30pm PT (4:30pm ET).The Participant Dial-In Number for the conference call is Domestic/International 1-778-327-3988. Participants should dial in to the call at least five minutes before 1:30pm PT (4:30pm ET) on March 19, 2018. The call can also be accessed “live” online at http://public.viavid.com/index.php?id=128607. A replay of the recorded call will be available for 90 days on the Company’s website (https://iwsinc.com/about/investors/). You can also listen to a replay of the call by dialing toll-free 1-844-512- 2921 (international only – 1-412-317-667) starting March 19, 2018, at 7:30pm ET through March 26, 2018 at 11:59 pm ET. Please use PIN Number 10004429. About ImageWare® Systems, Inc. ImageWare Systems, Inc. is a leading developer of mobile and cloud-based identity management solutions, providing patented biometric authentication solutions for the enterprise. Biometric technology uses unique physical characteristics to authenticate a person’s identity. The company delivers next-generation biometrics as an interactive and scalable cloud-based solution. ImageWare brings together cloud and mobile technology to offer multi-factor authentication for smartphone users, for the …

IWS-Roth30th

ImageWare Systems to Present at the 30th Annual ROTH Capital Partners Conference

San Diego (February 26, 2018) –ImageWare® Systems, Inc. (OTCQB: IWSY), a leader in mobile and cloud-based, multi-modal biometric identity management solutions, today announced that the Company will present at the 30th Annual ROTH Capital Partners Conference on March 13, 2018 in Orange County, CA. Jim Miller, Chairman and CEO, will present on Tuesday, March 13th at 7:30am PT to discuss the Company’s technology and direct sales efforts as well as partner efforts of: Fujitsu –initiated sales efforts for GoVerifyID® IBM –validated GoVerifyID to integrate with IBM’s ISAM (Security Access Manager) CDW –initiated sales for GoVerifyID and IWS Cloud ID solutions The presentation will be webcast live with slides (and available for replay) and can be accessed at: http://wsw.com/webcast/roth32/iwsy/. About ROTH Capital Partners ROTH Capital Partners, LLC (ROTH), is a relationship-driven investment bank focused on serving emerging growth companies and their investors. As a full-service investment bank, ROTH provides capital raising, M&A advisory, analytical research, trading, market-making services and corporate access. Headquartered in Newport Beach, CA, ROTH is privately held and employee owned, and maintains offices throughout the U.S. For more information on ROTH, please visit www.roth.com. About ImageWare Systems, Inc. ImageWare Systems, Inc. is a leading developer of mobile and cloud-based identity management solutions, providing patented biometric authentication solutions for the enterprise. The company delivers next-generation biometrics as an interactive and scalable cloud-based solution. ImageWare brings together cloud and mobile technology to offer multi-factor authentication for smartphone users, for the enterprise, and across industries. ImageWare’s products support multi-modal biometric authentication including, but not limited to, face, voice, fingerprint, iris, palm, and more. All the biometrics can be combined with or used as replacements for authentication and access control tools, including tokens, digital certificates, passwords, and PINS, to provide the ultimate level of assurance, accountability, and ease of use for corporate …