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Imageware Systems Announces License Agreement With Lockheed Martin [Market News Publishing (US)]

LOCKHEED MARTIN CORP

IMAGEWARE SYSTEMS INC ("IWSY-0") LOCKHEED MARTIN ("LMT-N") - Imageware Systems Announces License Agreement With Lockheed - Martin

Imageware Systems, Inc. (ImageWare), a leader in mobile and cloud-based, multi-modal biometric identity management solutions, has executed a three year licensing agreement with Lockheed Martin under which ImageWare will integrate its patented Biometric Engine(r) 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(r).

"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."

About ImageWare Systems, Inc.

Headquartered in San Diego, California, ImageWare is a leading provider of identity management solutions driven by multi-modal biometrics. We deliver multi-modal biometric identity management solutions for user authentication on premises and in the cloud. Our patented, agnostic, plug-n-play technology promotes interactive communication and Out-Of-Band authentication on mobile platforms and brings security to an all new level. Our innovative products, such as GoCloudID(r) and GoMobile Interactive(r), enable modular, flexible, and scalable identity solutions across a variety of markets, including mobile, wireless, financial services, and healthcare. ImageWare's identity management system allows customers to easily add a secure layer of biometric authentication to a variety of platforms and services. For more information about ImageWare Systems, Inc., please visit www.iwsinc.com.

NYSE closing price for LMT-N Date: 2015/07/13 Closing Price: 197.88

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