ImageWare Systems Signs One-Year Exclusive Licensing Agreement with Sol Logic, Inc.
12 Diciembre 2007 - 6:35AM
Business Wire
ImageWare� Systems, Inc. (AMEX:IW), a leading developer of identity
management solutions, signed a one-year exclusive licensing
agreement, which is followed by a one-year non-exclusive agreement,
with Sol Logic, Inc., a leader in real-time voice recognition and
language translation technology. The terms of the agreement were
not disclosed. �Sol Logic�s unique, proprietary technology enables
ImageWare to add real-time voice recognition, multiple language
translation and voice analytics capabilities to our biometric
offerings,� said Jim Miller, ImageWare�s chairman and CEO. �This
powerful combination offers mobile biometrics identification with a
voice translation engine that is expected to address multiple
markets, including domestic and international intelligence,
defense, public safety and border control. In addition, Sol Logic�s
scalable and agnostic software platform intuitively blends with the
agnostic IWS� Biometric Engine�, and together our mobile technology
provides innovative solutions for government, law enforcement and
private industry.� Miller continued, �We are integrating the Sol
Logic Mediator Unity middleware engine with the IWS Biometric
Engine. Collection and biometric identification will be voice
activated and married with language translation. We believe our
unique new products strengthen our product portfolio and affirm our
position as an innovator in the industry.� Through the Unity SOA
based capability, multilingual collaboration, conversational
technologies are represented for both voice and text to include
additional biometric functionality for speaker identification and
voice analytics. Sol Logic Mediator technologies also support
multilingual chat, distributed speech for MeshNet and document
exploitation. Mediator Unity middleware allows for
ease-of-integration with command and control applications. The IWS
Biometric Engine is a multi-biometric identity management solution
used by government and commercial enterprises to biometrically
search and match populations of unlimited sizes for identity
confirmation. These include searching and matching for Verification
of an Identity (1:1), Exhaustive Search for Identification (1:N),
Watchlist Management (X:N) and Existing Biometric Population
Management and Enhancement (N:N). IWS Biometric Engine employs a
multi-biometric enrollment, management and authentication platform
that is technology agnostic, enabling users to utilize biometric
devices (over 120) and algorithms (over 90) from virtually any
vendor, as well as support the combination of the following
biometric types, including: single fingerprint, Livescan
fingerprint, 2D face, 3D face, iris, palm scan, finger vein, palm
vein, hand geometry, palm, DNA, signature, voice, and retina. About
Sol Logic, Inc. Sol Logic is an advanced technology integration and
development solutions provider focused on exploiting new and proven
technologies to produce critical and next-generation solutions that
allow its customers to perform tasks more efficiently in a global
environment. Sol Logic Incorporated is headquartered in Prescott,
AZ, with offices in Quantico, VA. About ImageWare Systems, Inc.
ImageWare Systems, Inc. (AMEX:IW) is a leading developer of
identity management solutions, providing biometric, secure
credential and law enforcement 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.
ImageWare is headquartered in San Diego, with offices in Washington
DC and Canada. For more information, visit www.iwsinc.com. Safe
Harbor Statement This news release may contain forward-looking
statements made pursuant to the �safe harbor'' provisions of the
Private Securities Litigation Reform Act of 1995. While these
statements are meant to convey to the public the company's
progress, business opportunities and growth prospects, readers are
cautioned that such forward-looking statements represent
management's opinion. While management believes such representation
to be true and accurate based on the information available to the
company, actual results may differ materially from those described.
The company's operations and business prospects are always subject
to risks and uncertainties. Important facts that may cause actual
results to differ are set forth in the company�s periodic filings
with the U.S. Securities and Exchange Commission.
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