Mar. 7, 2011 (GlobeNewswire) --
SAN DIEGO, March 7, 2011 (GLOBE NEWSWIRE) -- ImageWare Systems (Pink Sheets:IWSY) today announced that it has received an award for software and services in support of the U.S. Department of Veterans Affairs' (VA) plan to expand the utilization of the ImageWare identity management solution first implemented by the VA in 2007. The initial order for additional software licenses totals approximately $860,000. The remainder of the award is for the renewal of the VA's annual maintenance and support contract for the system (approximately $565,000 to ImageWare) which is expiring in July, 2011.
ImageWare's solution provides the agency with large-scale, agency-wide biometric identity and credential management capabilities and enables the agency to produce personal identity verification (PIV) credentials in compliance with the International Standard Organization (ISO) and the National Institute of Standards and Technology (NIST) Federal Information Processing 201 (FIPS-201) requirements of Homeland Security Presidential Directive – 12 (HSPD-12).
The VA's ImageWare biometric identity management solution includes:
Multi-biometric enrollment and management of face, livescan fingerprint and fingerprint minutia;
Identity proofing and vetting to prevent fraud and duplicate registrations;
Management of all biometric devices;
"We are proud to be working with the Department of Veterans Affairs," said Jim Miller, chairman and CEO of ImageWare Systems. "Their expansion of the ImageWare solution reflects the VA's confidence in ImageWare and speaks to the quality of our products and services."
About ImageWare Systems, Inc.
ImageWare Systems, Inc. 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 Portland, OR, 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.
CONTACT: ImageWare Systems, Inc.