World News: 14:25 GMT Tuesday 14th January 2020. [ImageWare Systems, Inc. via Globe Newswire via SPi World News]
SAN DIEGO, Jan. 14, 2020 (GLOBE NEWSWIRE) -- ImageWare Systems, Inc. (OTCQB: ), an industry pioneer in identity proofing and authentication solutions, finalized multiple imminent deals at the beginning of 2020. The new agreements include credit unions and a biometric-centric project for a foreign government agency. Total amount of new contracts is approximately $1.2 million. Each of the orders will be delivered in the first quarter of 2020.
“Working with a government to provide multiple agencies a plan to implement interoperable biometric solutions in both the near and long term, is a partnership that takes time to create,” said Jim Miller, Chairman and CEO, ImageWare Systems. “Multi-agency government solutions are not simple, and opportunities like this can take months to develop.” Mr. Miller also mentioned that ImageWare’s ability to work with multimodal biometrics and its flexibility to accommodate any biometric algorithm or hardware vendor were crucial in securing the contract. “Throughout the world, governments often face powerful adversaries and need the best authentication solution to ensure accuracy, sustainability, and scalability,” concluded the CEO.
David Somerville, SVP of Sales and Marketing, stated that closing multiple deals at the beginning of 2020 is just a reflection of ImageWare’s unparalleled solutions. “We are excited about our new customers in the credit union and foreign government sectors. ImageWare’s products deliver incomparable value and companies are taking notice of us.” The company expects to finalize additional banking, enterprise, and government opportunities throughout 2020.
ImageWare Systems’ multimodal biometric platform supports hundreds of millions of identities through turnkey or software development kit (SDK) systems. A pioneer in the biometrics industry, ImageWare is known for its ultra-flexible, highly secure, and easy-to-use solutions.
Globe Newswire: 14:25 GMT Tuesday 14th January 2020
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