SOURCE: ImageWare Systems, Inc.

ImageWare Systems, Inc.

November 14, 2013 08:30 ET

Ovum 'On the Radar' Research Note Highlights ImageWare Systems Next-Generation Biometrics as an Interactive and Scalable Cloud-Based Service

Ovum's Report Is Available to Ovum Clients on Its Research Database or by Contacting ImageWare Systems

SAN DIEGO, CA--(Marketwired - Nov 14, 2013) - ImageWare Systems, Inc. (OTCQB: IWSY) ("IWS"), a leader in cloud-based, multi-modal biometric identity management solutions, announced that Ovum, a leader providing clients with independent and objective analysis that enables them to make better business and technology decisions, has published an "On the Radar" report on ImageWare Systems titled, "Delivering Next-generation Biometrics as an Interactive and Scalable Cloud-based Service."

The report is available to Ovum clients through Ovum's research database, and through ImageWare Systems at http://www.iwsinc.com, or by contacting ImageWare Systems Investor Relations.

"The technological and financial barriers that once restricted biometrics to specific, highly controlled areas are coming down," said Andrew Kellett, software IT solutions principal analyst for Ovum. "Disruptive business and consumer technologies, including mobile devices and cloud-based services, provide new vehicles for the uptake of biometric solutions. The biometric usage model is being opened up to mainstream use in secure and everyday business. IWS has adapted its enterprise service platform and communications facilities to support a patent protected, integrated approach to the delivery of identity and credential management across all available biometric modes."

"On the Radar" is part of Ovum's series of research notes that highlights up-and-coming vendors that bring innovative ideas, products, or business models to their markets. They bear watching for their impact on markets and could be suitable for certain enterprise and public sector IT organizations.

"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. Multi-modal biometrics provide the additional level, and the IT security industry's most reliable form, of identity theft protection through desktop and mobile devices."

About Ovum Research
Ovum is an independent analyst and consultancy firm headquartered in London, specializing in global coverage of IT, and telecommunications industries. Ovum research is based on independently audited methodologies that ensure that their clients can base decisions on rigorous and fact-based research, rather than on unqualified and unjustified opinions. The research draws upon over 400,000 interviews a year with business and technology, telecoms and sourcing decision-makers, giving Ovum and its clients unparalleled insight not only into business requirements but also the technology that organizations must support. For more information, please visit www.ovum.com.

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., please visit www.iwsinc.com.

Contact Information

  • ImageWare Investor Relations Contact
    Liolios Group, Inc.
    Cody Slach or Greg Falesnik
    Tel 1-949-574-3860
    Email Contact

    ImageWare Media Contact
    Tony Fisch
    Tony Fisch Consulting
    Tel 1-323-461-7878
    Tel 1-323-228-4543 M
    Email Contact