Emida Technologies Selects ImageWare Systems to Offer Cloud Identity Management SaaS Solution for Mobile Wallet Subscribers and Partners
SAN DIEGO, CA -- (Marketwired) -- 05/10/13 -- ImageWare Systems, Inc. (OTCQB: IWSY) a leader in cloud identity management, and valued partner Emida, a leader in the global prepayment and value transfer market, entered into an agreement whereby ImageWare Systems (IWSY.PK) will provide Emida its patented CloudID" software-as-a-service (SaaS) platform, which will enable a fully-validated, feature-rich security solution that will run on top of Fujitsu's Global Cloud Platform (FGCP). Smartphone users, service providers and merchants will have unprecedented identity and value exchange protection for financial transactions.
"According to the Digital Journal, identity is stolen every three seconds in the United States and businesses alone lost $21 billion in 2012," said Jim Miller, chairman and CEO of ImageWare Systems. "Password protection can no longer protect us from identity theft, which is a major issue in mobile security. We are extremely pleased to partner with Emida Technologies and Fujitsu to offer one of, if not the first, services to deliver smartphone user identity, value transfer and purchase protection for service providers, merchants and consumers."
"Emida endeavors to consistently bring to market new and better value transfer products and services that benefit our customers around the world," said Shane Belovsky, CEO of Emida. "We work with best-in-class partners like ImageWare who soundly develop thought-leading patented technologies. We are confident that ImageWare's security management products, coupled with Emida's trusted innovations, will help to revolutionize the prepaid landscape."
ImageWare's CloudID delivers revolutionary capabilities such as:
- Enrollment, identity & verification management of unlimited population sizes
- Hardware & algorithm independent processing
- Future-proof, plug-and-play flexibility
- Product modules that can be implemented together or individually
- Card management
ImageWare's services will be delivered on a subscription fee basis. Delivered via Fujitsu's global data center networks, the FGCP provides full configured, on-demand IT infrastructure for the ImageWare CloudID SaaS. The solution offers secure and reliable cloud services for Emida, its partners and customers.
"We are pleased to provide authentication and verification over the Fujitsu Global Cloud Platform from ImageWare Systems to Emida service provider partners and customers around the world," said Joel O'Halloran, executive vice president of IT services and retail at Fujitsu America. "The Fujitsu Global Cloud Platform addresses the needs of the enterprise, service providers and consumers by enabling the deployment of a secure, agile and reliable cloud-based identity management solution."
About ImageWare Systems, Inc.
ImageWare Systems, Inc. (OTCQB: IWSY) is a leading developer of identity management solutions, providing biometric, secure credential and law enforcement technologies. Scalable for worldwide deployment, ImageWare'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's 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, CA, with offices in Portland, OR, Washington, D.C., and Ottawa, Ontario. For more information on ImageWare Systems, Inc., visit www.iwsinc.com.
Emida is a leader in the global prepayment and value transfer market, operating in 37 countries throughout North, Central and South America, the Caribbean, Africa, Oceania, the Middle East and Europe. We support a network of more than 54,000 retail points with an annual dollar payment volume in excess of $1.5B, processing more than 240 million annual payment transactions.
Our network technology enables the domestic and international distribution and value transfer of many types of prepaid products and payment services. Our strategy is to build profitable, robust distribution networks for many prepaid products in targeted operating geographies, and to introduce unique cross border value products between regions. Our payment processing platform provides robust revenue solutions for distributors, ISOs, retailers, carriers and service providers alike.
For more information about Emida, please visit www.emida.net.
ImageWare Investor Relations Contact Liolios Group, Inc. Scott Liolios or Cody Slach 1-949-574-3860 Email Contact ImageWare Media Contact Tony Fisch Tony Fisch Consulting 1-323-461-7878 Email Contact Emida Media Contact: Lisbeth Cabrera Spencer 1-949-860-3599 Email Contact
Source: ImageWare Systems, Inc.