ImageWare Systems and iBilt Technologies Sign Distribution Agreement for India
03 Enero 2008 - 6:30AM
Business Wire
ImageWare� Systems, Inc. (AMEX:IW), a leading developer of identity
management solutions, signed a two-year, non-exclusive distribution
agreement with iBilt Technologies Ltd., a New Delhi based
end-to-end IT solutions provider with primary focus on the
government IT business. �Our relationship with iBilt Technologies,
which is part of the multi-billion dollar Thapar Group, provides
access to a rapidly growing region,� said Jim Miller, ImageWare�s
chairman and CEO. �This agreement is a result of ImageWare�s
continued effort to grow its distribution channel and target
biometric identity management opportunities in India. We look
forward to establishing a local sales and distribution presence and
providing our biometric solutions to the government IT market. Our
open-architected software based approach is attracting more and
more partners who are requiring interoperable solutions that can be
seamlessly integrated and efficiently deployed in a timely manner.�
Under the terms of the agreement, iBilt will distribute ImageWare�s
biometric identity management solutions, including its
award-winning IWS� Biometric Engine� and IWS� Law Enforcement
suite, to the rapidly expanding Public Safety market in India.
iBilt is a registered vendor with Indian Defense Services,
including Army, Navy, Air Force and other defense establishments,
for providing IT products and services. �iBilt is proud to be the
first distributor ImageWare has established in India,� said Ashok
Tiwari, MD, of iBilt Technologies, Ltd. �We have many years of
experience meeting the IT needs of the government and are confident
ImageWare�s products are well positioned to take advantage of the
rapidly growing investment in security and public safety taking
place in India.� About iBilt Technologies Ltd. iBilt Technologies
Ltd. is an SEI CMMI level 5, ISO 9001:2000 and ISO 27001:2005 IT
solutions company. Operating since 2001 and headquartered in New
Delhi, India. iBilt is an end-to-end IT solutions provider,
offering services spanning the entire spectrum of IT. 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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