Name Change to ImageWare Systems Reflects Change in Focus
SAN DIEGO, CA, December 20, 1999 - ImageWare Systems, Inc. (AMEX:IW) a leader and innovator of digital imaging solutions for law enforcement, today announced its name change to ImageWare Systems, Inc. The name change reinforces the corporation's shifting focus towards supplying customers with comprehensive and complete digital imaging solutions.
ImageWare Systems' cornerstone product is Crime Capture System® (CCS), a sophisticated digital booking, identification, and retrieval program. The system allows law enforcement agencies to capture and store arrestee images in a central server and quickly retrieve them for photo line-ups, mugbooks and other investigative uses.
"We are responding to market demand for custom, total imaging systems that aid officers in the crime resolution process," commented Jim Miller, Chairman and CEO of ImageWare Systems. "As law enforcement increasingly adopts computerized methods for conducting activities, ImageWare Systems is committed to providing them with the solutions they need to increase efficiency, interface with other systems, and share data between agencies."
"ImageWare's client base illustrates the breadth of systems we can offer," continued Miller. "New York City Police Department uses our system to meet a heavy workload of over 1,000 bookings per day. The State of Arizona has adopted the CCS booking system as a solution for sharing mugshots and booking records on a statewide level."
In addition to Crime Capture System, ImageWare Systems' investigative software products also include Face ID®, facial recognition software; Suspect ID®, computerized composite program; Vehicle ID®, vehicle search program; and Crime Lab®, image editing and enhancement software.
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.
