ImageWare Announces New Appointment To Board Of Directors
SAN DIEGO, CA, October 29, 2004 - ImageWare® Systems, Inc. (AMEX: IW),
a global leader in identity management solutions, today announced the appointment of G. Steve Hamm as a member of the Company’s board of directors.
Mr. Hamm brings ImageWare more than 20 years of financial and business management experience. He is a retired PricewaterhouseCoopers (PwC) national partner-in-charge and was instrumental in growing the Audit Business Advisory Services (ABAS) Middle Market practice where he was responsible for $300 million in revenue and more than 100 partners.
“We are delighted to have Steve join our board of directors,” said Jim Miller, ImageWare’s chairman and CEO. “Steve brings a wealth of business, financial and corporate governance experience which will be instrumental as we move ImageWare forward. We look forward to his contributions.”
Prior to ABAS, Mr. Hamm held numerous managing partner positions with PwC where he was responsible for all lines of service; the successful integration of Coopers & Lybrand and PwC offices in Orange County, Ca.; and the successful management of the Los Angeles region, leading it to become one of the top operating regions in the firm. Mr. Hamm currently holds Board positions with Chromavision, a publicly-traded Cancer Diagnostic Company and Aspen Holdings, a privately-held Workers Compensation Insurance Firm.
About ImageWare Systems, Inc.
ImageWare Systems, Inc. (AMEX:IW), is a leading developer and provider of identity management solutions, providing biometric, secure credential, law enforcement and digital imaging 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. The Company also provides comprehensive digital workflow solutions for the professional photography industry. ImageWare is headquartered in San Diego, with offices in 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.
