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ImageWare to Work With Polaroid to Provide Software for Guam Drivers License Program

SAN DIEGO, CA, September 24, 2001 - ImageWare Systems, Inc. (AMEX:IW) today announced that it will integrate its Face ID® software into the Polaroid Card MakerTM software for the Guam Driver License Program. The digital imaging software systems will be used to create secure drivers license documents and manage an associated image/text record database. Installation of the software is scheduled to be completed within the next 60 days. Terms were not disclosed.

ImageWare will provide software, as well as related maintenance and support, through Polaroid Corporation (NYSE:PRD), the prime contractor on the project. By combining Polaroid's ID Card Maker and ImageWare's Face ID facial recognition software (which utilizes the search algorithms licensed from Visionics (Nasdaq:VSNX), one of ImageWare's technology partners), authorities will have a means to verify the image and identity of the driver license holder.

Jim Miller, ImageWare chairman and chief executive officer, said, "These software products will provide the Guam government with the latest software for creating and managing its national drivers license program. By joining forces with Polaroid, we are able to work with a leading imaging company, expand our geographic reach and participate in larger contracts."

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.


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