In ImageWare's most recent Press Release it said, "...the company has achieved multiple milestones in product and corporate development.
In September, ImageWare introduced CloudID, its next-generation, cloud-ready suite of identity solutions. The heart of this product suite is the re-envisioned and re-engineered BE 2.0, which accelerates the development and deployment of enterprise-class biometric identity solutions for hundreds of millions of data sets. It also provides a level of modularity, interoperability and massive scalability, from mobile devices to large-scale databases, that was previously unavailable in the biometrics and credentialing marketplace.
Also, during the third quarter, ImageWare's patented, multimodal BE 2.0 became the first agnostic multi-biometric management solution certified on Fujitsu's NuVola Private Cloud Platform for the enterprise. BE 2.0 enhances critical security functions, allowing rapid deployment of biometric solutions across the NuVola Private Cloud Platform. Fujitsu plans to launch this platform worldwide in the fourth quarter of 2012.
In conjunction with this certification, Fujitsu and ImageWare have entered into a three year software license agreement to incorporate the BE 2.0 on the NuVola Private Cloud Platform, whereby ImageWare will be paid on a revenue sharing basis. The company will also be working with Fujitsu at the Microsoft Partner Solutions Center to demonstrate several paying, proof of concept pilot projects that will showcase Fujitsu's cloud solution running IWS's CloudID products and services. The intent is to operate CloudID on Fujitsu's public cloud as a software as a service (SaaS) offering. ImageWare expects this agreement will increase its revenues while providing greater stability and forward-looking visibility."
"At the end of last year, we set a goal to establish a leadership position in biometric-based identity management for the cloud," said Jim Miller, chairman and CEO of ImageWare. "The release of our BE 2.0 earlier this year, followed by the CloudID product suite, has clearly paved the way toward achieving this goal. Our proven experience in the government sector is translating perfectly into the commercial market, and we are gaining traction with customer adoption as demonstrated by our Fujitsu license agreement."
"Working with a global partner and leading IT innovator like Fujitsu and their NuVola Private Cloud allows ImageWare to quickly enter the private cloud arena," continued Miller. "The worldwide deployment of this platform represents a significant growth opportunity for ImageWare and also demonstrates our multi-biometric security expertise."
For the complete interview with Jim Miller, ImageWare Systems, Chairman and CEO:
For more information about:
ImageWare Systems Solutions: http://www.iwsinc.com/markets/overview
ImageWare Systems Products: http://www.iwsinc.com/products/overview2
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