ImageWare Adds FBI Veteran, David Loesch, To Board
SAN DIEGO, CA, October 2, 2001 - ImageWare Systems, Inc. (AMEX:IW) today announced the addition of David R. Loesch, 57, to its board of directors, increasing the total number of members to six.
Mr. Loesch recently retired as Assistant Director in Charge of the Criminal Justice Information Services (CJIS) Division of the Federal Bureau of Investigation (FBI). He was appointed to that position by FBI Director Freeh, with the concurrence of Attorney General Janet Reno, in 1999. Mr. Loesch began his investigative career with the FBI in 1972 as a Special Agent. He rose through the ranks, serving in a number of supervisory and management positions at the field and headquarters level. He was promoted to the Senior Executive Service in December 1994 and assigned to the CJIS Division, where he served as a Section Chief and Deputy Assistant Director prior to his appointment as Assistant Director. He was awarded the Presidential Rank Award for Meritorious Executive in 1998. Mr. Loesch served in the U.S. Army as an officer with the 101st Airborne Division in Vietnam. He earned a bachelor's degree from Canisius College, in Buffalo, NY, and a master's degree in criminal justice from George Washington University.
Jim Miller, chairman and chief executive officer of ImageWare Systems, said, "We are delighted to have David Loesch join our board and look forward to his many contributions to both our high-tech identification and law enforcement businesses. His extensive experience gained from nearly 30 years of service at the FBI, will provide our management team with invaluable insights."
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.
