SOURCE: ImageWare Systems, Inc.

ImageWare Systems, Inc.

November 06, 2013 14:48 ET

ImageWare Systems Showcases GoMobile Interactive Next Generation Multi-Modal Biometric Cloud Identity Management and Authentication Services for Mobile Payment at the Fujitsu Forum

ImageWare Systems Offers Global and Domestic Banking, Retail and Financial Services Enterprises Unparalleled Identity Protection Management Through Desktop and Mobile Devices; Customers Will Benefit From a Combination of the Patented ImageWare CloudID™ Suite of Security Products and the Fujitsu Trusted Cloud Platform S5

SAN DIEGO, CA--(Marketwired - Nov 6, 2013) - ImageWare Systems, Inc. (OTCQB: IWSY) (IWS), a leader in mobile and cloud-based, multi-modal biometric identity management solutions, has announced it will showcase its next-generation cloud identity management and authentication service, GoMobile Interactive™ (GMI), at the Fujitsu Forum in Munich, Germany, on November 6-7, 2013.

"In 2012 the United States saw more than 12 million identity fraud victims at a dollar cost of $21 billion. In fact, an identity is stolen every three seconds," said Jim Miller, chairman and CEO of ImageWare Systems. "Worldwide mobile payments are expected to become a $400 billion market by 2015. We are pleased to demonstrate such an important service and technology at the Fujitsu Forum with the IT security industry's most reliable form of identity theft protection for accessing their gateway accounts via desktop and mobile devices."

GoMobile Interactive (GMI) is a cloud-based, multi-modal biometric mobile identity management solution that enables unparalleled identity verification for existing and new mobile banking, mobile wallet, and other mobile applications that require a next-generation method to automate and verify the identity of the customer. GMI ensures fraud protection now at risk though legacy services and verifies user transactions securely and quickly. ImageWare GMI replaces unsecure, vulnerable usernames, passwords and pin-codes with voice, facial, palm, finger and iris recognition, among others. GMI brings U.S. government-hardened and tested high-end security to an increasingly mobile world.

IWS Biometric Engine (IWS BE) is an SOA based server platform that enables advanced biometric data process and management with ESB connectivity. Key features of the IWS BE include:

Scalability: Enroll, identify & verify unlimited population sizes.
Interoperability: Hardware & algorithm independent processing
Easy: Future-proof, plug-and-play software development kits (SDK)
Adaptable: Product modules that can be implemented together or individually
Flexible: License and/or subscription service offering
Compatible: Compatible with most biometric products

ImageWare's services are delivered for a one-time enrollment fee per new customer and a monthly subscription fee basis that will vary per customer. Services are to be delivered via Fujitsu's global data center networks, with the Fujitsu platform providing fully-configured, on-demand IT infrastructure for the ImageWare CloudID SaaS.

The challenges of complex password requirements and various kinds of tokens for mobile access are driving information security and IAM leader's interest in biometric authentication. Gartner predicts that by the end of 2016, 30% of enterprises will employ biometric methods for user authentication from mobile devices, up from 5% today. (Source: Gartner: Good Authentication Choices, May 2013).

Jim Miller, concluded: "Gartner's estimate of 30% enterprise adoption for biometrics as the authentication standard by 2016 presents a huge opportunity for ImageWare in the projected $400 billion dollar market place estimated for mobile payments by 2015."

About ImageWare Systems, Inc.
ImageWare Systems, Inc. (OTCQB: IWSY) is a leading developer of mobile and cloud-based identity management solutions, providing biometric, secure credential and law enforcement technologies. Scalable for worldwide deployment, ImageWare'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's 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, CA, with offices in Portland, OR, Washington, D.C., and Ottawa, Ontario. For more information on ImageWare Systems, Inc., visit www.iwsinc.com.

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