ImageWare Systems, Inc. (OTCMKTS:IWSY) Files An 8-K Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure.
On February 8, 2019, ImageWare Systems, Inc. (the “Company”) entered into a definitive agreement with a global financial services provider to provide Multi-modal biometric authentication solutions for a healthcare application. Under the agreement, the Company’s GoVerify ID® mobile biometric solution will be part of a solution used to help insure compliance with mandates under the 21st Century Cures Act requiring states to implement Electronic Visit Verification for patients. The Company expects that the product incorporating the Company’s biometric solution will be deployed in the second quarter of 2019.
The information in this Current Report on Form 8-K is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.
Item 8.01 Other Events.
See Item 7.01
About ImageWare Systems, Inc. (OTCMKTS:IWSY)
ImageWare Systems Incorporated (ImageWare) provides biometrically enabled software-based identity management solutions. The Company’s product, IWS Biometric Engine, is a multi-biometric software platform that is hardware and algorithm independent, enabling the enrollment and management of unlimited population sizes. It allows a user to utilize one or more biometrics on an integrated platform. Its products are used to manage and issue secure credentials, including national identifications (IDs), passports, driver licenses and access control credentials. It also provides authentication security software using biometrics to secure physical and logical access to facilities or computer networks or Internet sites. ImageWare categorizes its identity management products and services into three markets, including Biometrics, Secure Credential, and Law Enforcement and Public Safety markets.
