BARCELONA, Spain, Feb. 24, 2014 /PRNewswire/
-- ShowStoppers @ MWC 2014 -- ImageWare
Systems, Inc. (OTCQB: IWSY) (IWS), a leader in mobile and
cloud-based, Multi-modal biometric identity management
solutions, has today announced that it has been selected as
an Innovation and Design Award Winner, 2014 for its Biometric
Engine® (BE) a patented, real-time, high performance, Cloud
enabled Multi-modal biometric database. Visit ImageWare at
Booth at MWC 7K08 Hall 7, mobile payment pavilion.
After three weeks of careful deliberation by five judges in
North America and Europe, industry research firm Envisioneering
recognized eleven companies for thirteen innovations which break
new ground in technologies for improving work, home and play.
Envisioneering judges selected the winners of the Innovation &
Design Awards from more than 30 companies who launched new products
during ShowStoppers, the product showcase event for journalists at
GSMA's Mobile World Congress, Barcelona.
The winners spanned from clever, efficient protocols which link
the Internet of Things, to iOS and Android app toolkits to personal
protection and peace of mind monitors for family members to
biometric and eye control and log-in tools and products.
"The companies represented among this year's winners are
stepping up their tempo and pace of innovation," said Richard Doherty, Envisioneering's Research
Director and lead Judge. "With a keen focus on mobile products,
services and lifestyle, they weave together original ideas in
hardware, software, services and versatility to benefit the life of
the consumer."
"In 2013, the United States
alone saw more than 12 million identity fraud victims at a dollar
cost of $24 billion, with the average
financial loss per identity theft totaling $4,930. Goode Intelligence predicts that by
the end of 2015 there will be 619 million people using biometrics
on their mobile device," said, Jim
Miller, CEO of ImageWare Systems. "We are honored to
be recognized for our innovation in the next generation of identity
management. Legacy technologies are failing to protect
business and consumer. Cost effective, flexible, cloud based
Multi-modal biometrics can authenticate and verify personal
identity based human characteristics and cannot be
replicated. We are delivering new models that support the
huge growth in mobile and desktop transaction, business and health
services."
Award candidates were judged for innovation, design and style in
26 categories of social benefit ranging from personal entertainment
delivery technologies to health and wellness, peace of mind for
loved ones and clever biometric voice and eye control of devices
with ID.
Jim Miller, concluded: "Gartner's
estimate of 30% enterprise adoption for biometrics as the
authentication standard by 2016 presents a huge opportunity for
ImageWare in the projected $400 billion
dollar market place estimated for mobile payments by
2015."
About Envisioneering:
News media around the globe have deemed Envisioneering to be
their most trustworthy resource for perspective and insight to
major societal trends along with the technologies, people and
public policies who benefit from advanced digital technologies,
services and products. It is a hard-won, decades-old honor and
distinction we appreciate – and we do not take it lightly. Beyond
our core lab testing, publishing and social research business
units, Envisioneering has a commitment to ensuring broad access of
information to - and encouraging dialogues between - members of the
creative community, distributors, financiers, educators, students,
policy makers, standards' communities, news media and the general
public.
About ShowStoppers
Now in its 20th year, ShowStoppers is the global leader in
producing press and business events spanning the US, Europe and Asia. Each event organizes product
introductions, sneak previews and demonstrations for selected
journalists, bloggers, industry and financial analysts, venture
capitalists and business executives. Industry leaders, innovators
and startups exhibit to help generate news coverage and product
reviews, make new connections, promote brand, and open new markets.
ShowStoppers produces events at CES, CTIA and Mobile World
Congress, among others, and the official press events at IFA,
GITEX, NAB and Sandbox Summit; and partners with the CEA
LineShow
About ImageWare Systems, Inc.
ImageWare Systems, Inc.
(OTCQB: IWSY) is a leading developer of mobile and cloud-based
identity management solutions, providing biometric, secure
credential and law enforcement technologies. Scalable for worldwide
deployment, ImageWare'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's licenses, smart cards and access control credentials.
ImageWare's digital booking products provide law enforcement with
integrated mug shot, fingerprint livescan and investigative
capabilities. ImageWare is headquartered in San Diego, CA, with offices in Portland, OR, Washington, D.C., and Ottawa, Ontario. For more information on
ImageWare Systems, Inc., visit www.iwsinc.com.
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newsroom: http://www.iwsinc.com/about-iws/news-and-events-weblink/press-releases/
Forward-Looking Statements Disclosure
This press
release may contain "forward-looking statements" within the meaning
of the federal securities laws. In this context, forward looking
statements may address the Company's expected future business and
financial performance, and often contain words such as
"anticipates," "believes," "estimates," "expects," "intends,"
"plans," "seeks," "will" and other terms with similar meaning.
These forward-looking statements address matters that are, to
different degrees, uncertain. Although the Company believes that
the assumptions upon which its forward looking statements are based
are reasonable, it can provide no assurances that these assumptions
will prove to be correct. All forward-looking statements in this
press release are expressly qualified by such cautionary
statements, risk, and uncertainties, and by reference to the
underlying assumptions.
SOURCE ImageWare Systems, Inc.