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Imageware (OTCQB: IWSY) is set to participate in the International Security Conference & Exposition (ISC West) from March 23 to 25, 2022, in Las Vegas, Nevada. The company will showcase its FAST-PASS 7 visitor management software, enhanced by Imageware's biometric identity solutions, aimed at improving security and efficiency in various facilities. Senior VP AJ Naddell expressed excitement about presenting their offerings, including the Law Enforcement 2.0 Platform and Digital ID technologies. The event represents a key opportunity for networking and demonstrating advanced security solutions.
Imageware (OTCQB: IWSY) has been selected by the Arizona Department of Corrections to implement the Imageware Law Enforcement Platform, aimed at streamlining biometric and biographic data collection during inmate intake. The agency, a long-time customer, has acquired ten Imageware Capture stations using state funds. This system is designed to reduce booking times to under five minutes, showcasing Imageware's capability in meeting stringent requirements. The company is expanding its services to corrections facilities nationwide to address similar challenges in booking and identification.
Imageware (OTCQB: IWSY) announced a bridge facility agreement with its largest shareholder, securing $2.5 million in potential capital. This funding aims to assist the company in evaluating and pursuing strategic options for future growth. CEO Kristin Taylor expressed optimism about the agreement, highlighting its role in positioning the company for long-term success. Imageware specializes in biometric identification and authentication solutions, offering cloud-based services to enhance security for various sectors.
Imageware (OTCQB: IWSY), a leader in biometric identification, announced its participation in the 18th Annual Security Investor Conference. The event is scheduled for December 15, 2021, at 3:15 p.m. Eastern time. AJ Naddlell, SVP of Product Management and Sales, will engage in one-on-one meetings with investors and present at this key event. Registration is required for participation. Imageware focuses on cloud-based biometric solutions for accurate identity verification, trusted by agencies and enterprises worldwide. For more details, visit www.imageware.io.
Imageware® (OTCQB: IWSY) announced a $1.5 million contract with King County, Washington to provide a cutting-edge law enforcement software solution. This deal represents Imageware's largest SaaS contract to date. The software will be utilized by 700 officers for digital line-ups and biographic searches across multiple devices. The migration of over 13 million arrest records to AWS GovCloud marks a significant technological upgrade. Imageware aims to expand its solutions to more law enforcement agencies, anticipating increasing revenue in 2022.
Imageware (OTCQB: IWSY) announced a conference call scheduled for December 10, 2021, at 9:00am ET. The call will include a question-and-answer session where participants can submit questions through the webcast platform. Investors can join the call via U.S. dial-in at 855-327-6837 or international dial-in at 631-891-4304. A replay will be available until December 24, 2021. The company specializes in biometric identification and authentication solutions, focusing on enhancing security for communities and assets.
Imageware (OTCQB: IWSY) provided a corporate update on Nov. 30, 2021, highlighting Imperial Capital's ongoing strategic review aimed at maximizing shareholder value. The company has filed its Q3 2021 report with the SEC and announced the first sale of its Law Enforcement 2.0 SaaS platform, anticipated to go live soon. However, cash reserves declined to $1.7 million from $8.3 million year-over-year. With a revamped leadership team and market strategies, Imageware aims for improved operating results in upcoming quarters.
Imageware (OTCQB: IWSY) announced its entry into the Self Sovereign Identity (SSI) market with a biometrically enabled solution designed to enhance identity security. Amid increasing cybersecurity threats, the SSI framework empowers individuals with control over their personal data, mitigating risks associated with centralized data repositories. Imageware's biometric integration aims to revolutionize identity verification across various sectors including banking and healthcare. Additionally, the company has joined the Decentralized Identity Foundation and Trust Over IP, aiming to drive innovation and revenue in this burgeoning market.
Imageware (OTCQB: IWSY) has partnered with Alutel Mobility to integrate its biometric capabilities into Alutel's AMS Suite 6.0 solutions. This collaboration aims to enhance security with on-device biometric matching and cloud support, facilitating offline identity verification. The combined solution targets various sectors, such as airports and office buildings. Both companies will showcase their innovations at the Global Security Exchange event from September 27-29, 2021, in Orlando, Florida.
Imageware® (OTCQB: IWSY) announced its participation in the California Peace Officers' Association's Advance 2021 Conference, occurring from September 20-22, 2021, in San Diego. The event focuses on law enforcement training and technology. Imageware will showcase its FirstNet Verified Authenticate solution and the beta version of its Law Enforcement platform, featuring a Live Scan kiosk for biometric data capture. The platform supports a range of biometric data and ensures compliance with EBTS standards.
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