MissionIR would like to highlight ImageWare® Systems, Inc.(OTCBB: IWSY), a proven, patented, multi-modal biometric company with over a decade of providing identity management solutions. The company’s innovative products, such as GoCloudID.com and GoMobile Interactive, enable extraordinary modular, flexible, and scalable identity solutions across a variety of markets, including mobile, wireless, financial services, and healthcare.
In the company’s news,
ImageWare Systems has been awarded a $2.2 million contract by the U.S. Department of Veteran Affairs (VA) to enhance its personal identity verification (PIV) credentialing capabilities.
Per the agreement, ImageWare will deliver software licenses during the third quarter of 2013, resulting in approximately $1.5 million in revenue in addition to service revenue of approximately $650,000, to be recognized proportionally over the next year.
In 2007 ImageWare initially installed its biometric identity management solution with the VA to provide large-scale, agency-wide biometric identity and credential management capabilities, such as biometrically enabled PIV credentials, in compliance with U.S. government standards.
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