IWS iShares Russell Mid Cap Value

ImageWare(R) Systems (AMEX:IWS), a world-leading developer and provider of identity management solutions, has been selected by the San Bernardino County Sheriff's Department CAL-ID Bureau to expand its existing IWS Law Enforcement solution by integrating a central NIST-compliant identification repository, enabling the sharing of all photo images and data from San Bernardino and Riverside counties. This allows for the flow of images and data into one repository for more streamlined access as well as rapid and reliable identification of both suspects and known criminals. Under the terms of the deal, ImageWare will enable law enforcement organizations in both San Bernardino and Riverside counties to match images and data from the county and state databases to fingerprints taken in the field. "Serving the largest county in the United States, we are constantly looking for technologies that will help our law enforcement officers in doing their jobs more effectively," said Lieutenant Jeff Rose, project manager, San Bernardino County Sheriff's Department CAL-ID Bureau. "Our primary goal is to provide a greater level of safety to the San Bernardino and Riverside communities; and with the expansion of ImageWare's technology, we will be well prepared to verify a person's identity more efficiently and accurately." "This latest project continues to support our position as the preferred provider of identity management solutions for the law enforcement community," said Jim Miller, CEO, ImageWare Systems. "We're certain our solutions will effectively meet the needs of the San Bernardino and Riverside CAL-ID program, delivering fast and reliable search and confirmation of images and data." California's CAL-ID program seeks to provide biometric identification services and technologies to all 58 counties in California. Law enforcement agencies electronically forward fingerprint files to the state's fingerprint repository in Sacramento, which transmits the files through the CJIS WAN to the FBI. California maintains fingerprint files on almost 15 million individuals. IWS Law Enforcement is a complete digital booking, identification and investigative solution, enabling officers to capture, store and search booking data and images, including mug shots; fingerprints; and scars, marks and tattoos (SMTs). IWS Law Enforcement solution also employs facial recognition technology to take an image or digital composite and search mug shot databases for potential matches based on similarities in facial characteristics and also integrates seamlessly with existing FBI, DMV, RMS, JMS, AFIS or other systems to capture live, scanned or imported images, as well as arrest and demographic data. The IWS Law Enforcement solution can also be used to: -- Create photo lineups and mug books -- Print photo IDs and wristbands for inmates, employees and visitors -- Conduct Web-based investigations -- Share booking data and images with other local, state, federal and international agencies -- Generate wanted posters About ImageWare Systems, Inc. ImageWare Systems, Inc. (AMEX:IW) is a world-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 Canada and Germany. For more information visit www.iwsinc.com. Safe Harbor Statement Statements in this press release that are not strictly historical in nature are forward-looking statements. These statements include, but are not limited to references to the proposed financing, the anticipated use of the net proceeds of the proposed financing, and expectations regarding future operating results. Forward-looking statements involve known or unknown risks, uncertainties and other factors, which may cause our actual results, performance or achievements, or industry results to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Factors that could cause or contribute to such differences include but are not limited to: the risk that the equity investment does not close as anticipated; the risk that the Company's target markets will not grow as expected; risks related to our ability to achieve and sustain profitability and generate cash internally or to obtain adequate capital for operations from outside sources; risks related to our acquisition strategies and the integration of acquired companies; risks associated with our dependence on a small number of large sales to customers with political purchasing constraints; risks related to our lengthy sales cycle; our reliance on third-party systems integrators and on third-party technology licenses; fluctuations in our operating results; continued new product introductions and market acceptance of our new products; new product introductions by competitors; technological changes in the our industry; and uncertainties regarding intellectual property rights. For a discussion of these and other factors which may cause our actual events or results to differ from those projected, please refer to the Company's most recent annual report on Form 10-KSB and quarterly reports on Form 10-QSB, as well as other subsequent filings with the Securities and Exchange commission.