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ImageWare Systems Announces License Agreement With Lockheed Martin

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Imageware Systems, Inc. (OTCQB: IWSY) (ImageWare), a leader in mobile and cloud-based, multi-modal biometric identity management solutions, has executed a three year licensing agreement with Lockheed Martin (NYSE: LMT) under which ImageWare will integrate its patented Biometric Engine® into the Lockheed Martin cloud-based multimodal biometric, IDHaystack(SM) Identity as a Service (IDaaS) Platform. Lockheed Martin will offer the identity service to the federal government and other customers through its FedRAMP approved government community cloud -- SolaS®.

"Lockheed Martin is a well-recognized, world class company and we both pride ourselves on delivering superior world class biometric products and technology to our markets and partners," said Jim Miller, Imageware's chairman and CEO. "We believe that the IWS Biometric Engine will provide our partners at Lockheed Martin with a distinct advantage as they pursue opportunities in the Identity Management market."

"The IDHaystack(SM) service is an innovative new way to offer open backend storage and matching capabilities to support virtually any biometric-enabled operation using one or more customer-selected algorithms for common as well as advanced biometrics," said John Mears, senior fellow, IT and security solutions at Lockheed Martin. "Partnering with ImageWare Systems allows us to more quickly offer advanced, secure, cloud-based capability to our customers and to their missions."

 

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