ImageWare® Systems Reports 2018 First Quarter Financial Results
Summary
SAN DIEGO, May 10, 2018 (GLOBE NEWSWIRE) -- ImageWare ® Systems, Inc. (OTCQB:IWSY), a leader in mobile and cloud-based, multi-modal biometric identity management solutions, reported financial results for the first quarter ended March 31, 2018.In April ImageWare received a $730,000 order from an existing customer for additional licenses of its Biometric Engine® identification software.Jim Miller, Chairman and CEO of ImageWare Systems, said, “Revenues in the quarter continued to reflect primarily our legacy business.ImageWare’s products support multi-modal biometric authentication including, but not limited to, any individual use or combination of face, voice, fingerprint, iris, palm, and more.All the biometrics can be combined with or used as replacements for authentication and access control tools, including tokens, digital certificates, passwords, and PINS, to provide the ultimate level of assurance, accountability, and ease of use for corporate networks, web applications, mobile devices, and PC desktop environments.