ImageWare Systems Receives $835K ID Software Order
SAN DIEGO, CA, August 12, 2003 - ImageWare Systems, Inc. (AMEX: IW)
today announced that it has received an $835,000 order for its EPI Suite® photo ID badging software from Fargo Electronics (NASDAQ: FRGO). Fargo Electronics is the master distributor of ImageWare’s EPI Suite products in the Americas.
“This initial order from Fargo exemplifies our mutual intent to aggressively distribute ImageWare’s EPI Suite product line throughout the Americas,” commented Jim Miller, ImageWare’s president and CEO. “ImageWare is now poised to rigorously pursue the world of project sales with our system integrator and OEM partners.”
ImageWare’s EPI Suite products include EPI Suite Pro, EPI Suite Classic and EPI Suite Lite, and enable users to design ID cards; capture photographs and biometrics; maintain a secure database of cardholder information; encode magnetic stripes and smart chips; and print a variety of bar codes, including 2D.
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.
