San Diego, CA – ImageWare® Systems, Inc. (AMEX: IW), a developer of identity
management solutions, today announced it has signed a three-year, royalty-based,
licensing agreement with Honeywell Security. This agreement allows Honeywell to
integrate biometric enrollment and identity proofing, as well as card management
and issuance of biometrically-enabled secure credentials into its physical
access control product suite. This will enable Honeywell to offer complete,
end-to-end access control solutions for Homeland Security Presidential Directive
12 (HSPD-12), Transportation Worker Identification Credential (TWIC), border
management and other mission-critical environments worldwide.
“As a leading provider in the physical access control market, Honeywell is
continually focused on providing our global customers with state-of-the art
physical access control products.” said John Lorenty, general manager, Honeywell
Systems Group. “We believe ImageWare’s open architecture and interoperable
technologies will assist Honeywell in meeting the growing demand for biometric
identity management, credentialing and card management capabilities in
government and other vertical markets, including financial, healthcare and
education.”
ImageWare’s IWS™ Biometric Engine™, IWS™ EPI™ Builder and IWS EPI Card
Management System™ will be integrated into several Honeywell physical access
control product families including Pro-Watch®, SmartPlusTM, WIN-PAK®,
Vindicator® and LobbyWorks™.
“We consider it a privilege to be aligned with one of the world’s most
recognized and respected organizations and to be selected to assist them as they
biometrically enable their physical access control products around the world,”
said Jim Miller, ImageWare’s chairman and CEO. “This agreement represents
another milestone in our strategy to pursue licensing and OEM partnerships with
market leaders in attractive and large revenue markets. We are truly delighted
Honeywell selected our leading biometric identity management platform and secure
credential technologies for its next generation of access control systems.”
Honeywell will initially offer these solutions to federal government agencies
and other enterprises in highly regulated industries that require integrated
logical and physical access control systems. Honeywell will also be
demonstrating its enhanced biometric identity management and credentialing
capabilities at ISC West 2007 in booth # 15025.
About ImageWare Systems, Inc.
ImageWare Systems, Inc.
(AMEX:IW) is a leading developer of identity management solutions, providing
biometric, secure credential and law enforcement technologies. Scalable for
worldwide deployment, the Company's biometric product line includes a
multi-biometric engine that is hardware and algorithm independent, enabling the
enrollment and management of unlimited population sizes. ImageWare's
identification products are used to manage and issue secure credentials
including national IDs, passports, driver licenses, smart cards and access
control credentials. ImageWare's digital booking products provide law
enforcement with integrated mug shot, fingerprint Livescan and investigative
capabilities. ImageWare is headquartered in San Diego, with offices in
Washington DC and Canada. 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.
