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| [May 10, 2004] |
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ImageWare Working with HP to Deliver Identification and Biometric Technology Solutions
SAN DIEGO --(Business Wire)-- May 10, 2004 -- ImageWare Systems Inc. (AMEX:IW), a leading global developer of digital imaging, identification and biometric software solutions, today announced an agreement with HP that allows for the incorporation of ImageWare's digital imaging, identification and biometric technologies into HP's Adaptive Enterprise security strategy for the U.S. Federal Government.
Under the terms of the agreement, the companies will jointly pursue marketing, sales and support efforts to provide products, services and solutions for U.S. Federal Government projects. Projects under consideration include using advanced identity management tools, including biometrics, to address various homeland security requirements of the U.S. government.
"ImageWare is focused on providing end-to-end solutions for government, law enforcement and private enterprises, enabling them to produce secure credentials, streamline booking and share critical data for investigative and identification purposes," said Joe Schuler, ImageWare's senior vice president of sales and marketing. "Our identification and biometric Web-based solutions integrate extremely well into HP's spectrum of security solutions for protecting U.S. citizens, visitors and government information."
"ImageWare's open architecture supports the capture, search and verification of all types of biometrics across the entire line of HP technology," said Bruce Klein, vice president of federal sales and marketing, Public Sector Organization at HP. "Together, ImageWare's biometric solutions and HP's Adaptive Enterprise strategy will help the federal government to meet the needs of law enforcement and homeland security for greater agility and a more concerted rapid response capability."
About ImageWare Systems Inc.
ImageWare Systems Inc. is the leading global developer of digital imaging, identification and biometric software solutions for the corporate, government, law enforcement, professional photography, transportation, education and healthcare markets, among others. ImageWare's secure credential and biometric product lines are used to produce ID cards, driver licenses, passports, national medical health cards, national IDs and more. The company's law enforcement and biometric product lines provide the public safety market with booking, investigative and identification solutions that can be accessed and shared via PC, Web and wireless platforms. ImageWare's professional digital imaging product line provides professional photographers with automated, in-studio and mobile solutions to facilitate the transition from film-based photography to digital imaging. Founded in 1987, ImageWare is headquartered in San Diego, with offices in Canada, Germany and Singapore. For more information visit www.iwsinc.com.
Safe Harbor Statement
This news release may contain forward-looking statements made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. While these statements are meant to convey to the public the company's progress, business opportunities and growth prospects, readers are cautioned that such forward-looking statements represent management's opinion. While management believes such representation to be true and accurate based on the information available to the company, actual results may differ materially from those described. The company's operations and business prospects are always subject to risks and uncertainties. Important facts that may cause actual results to differ are set forth in the company's periodic filings with the U.S. Securities and Exchange Commission.
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