March 16, 2015 -
ImageWare Systems, Inc. has signed an agreement to sell biometric solutions to Agility partners and clients throughout the Middle East Gulf Coast region and in other global markets where Agility operates.
As a result of the partnership, ImageWare Systems and Agility will create a new joint venture company that will be operated and managed by Agility.
Agility will oversee all aspects regarding the partnership, its sales, and its marketing in Kuwait where the company is based.
ImageWare will provide its biometric technology under a software sales agreement for the licensed territory, in which it will receive a technology transfer free from the joint venture.
Additionally, the joint venture will see and distribute ImageWare’s range of biometric products, such as CloudID and GoVerifyID, to Agility partners in the region and around the world.
Once the companies’ joint venture is operational, which is expected to occur in the second quarter, it will target airport and customs brokerage venues where Agility is currently under contract to provide services and other commercial opportunities in the region.
“Biometrics can play an integral role in providing additional security to supply chain management,” said ImageWare chairman and CEO Jim Miller. “ImageWare is both proud and excited to be a partner with one of the world’s largest and most successful supply chain and logistics company. Agility’s global relationships and their world class expertise in air, ocean, and road freight, supply chain systems, and warehousing will bring ImageWare’s products and technologies to new and large markets.”