Biometrics industry stocks this week

As the biometrics industry continues to grow, Biometric Update is bringing a new focus to the stories around the stocks in the sector. Check in with this space each week for a rundown of the financial news and interesting ideas from the week that was. Yet another major data breach has come to light. The latest announcement comes from governance-challenged, ride-hailing service Uber, which admitted it lost massive amounts of use data in a hack that occurred months ago. The

Biometrics industry stocks this week

As the biometrics industry continues to grow, Biometric Update is bringing a new focus to the stories around the stocks in the sector. Check in with this space each week for a rundown of the financial news and interesting ideas from the week that was. The Dow Jones Industrial Average, the S&P 500 and the Nasdaq Composite set new record highs this week. The advances have, as usual, been propelled by tech stocks. Investors continue to bet that companies like

ImageWare hosting corporate update conference call

ImageWare Systems will conduct a conference call on Thursday, November 9 at 5:00 p.m. ET to provide a corporate update for the third quarter ended September 30, 2017. The company will report its results in a press release prior to the call. ImageWare Chairman and CEO Jim Miller and CFO Wayne Wetherell will host the conference call, followed by a question and answer period. Earlier this month, ImageWare demonstrated its GoVerifyID Enterprise Suite for IBM Security Access Manager at the

ImageWare issues Q4 2016 and year-end financial results

ImageWare Systems has issued financial results for Q4 2016 and year-end 2016, as well as a corporate update to highlight its progress since its last quarterly update on November 14, 2016. The company’s total revenues in Q4 2016 remained constant at $0.9 million when compared to the same year-ago period. Meanwhile, ImageWare’s gross margin in Q4 2016 improved to 69.3 percent compared to 40.2 percent in the year-ago quarter, which it attributes to a write-off in the 2015 quarter related

ImageWare enters five year marketing agreement with American Biometric Solutions

ImageWare and American Biometric Solutions, Inc., a partnership of medical professionals and investors, have entered an agreement to market ImageWare’s pillphone. ImageWare’s pillphone is a biometrically secured mobile healthcare communications application, powered by ImageWare’s GoMobile Interactive. The FDA-cleared application uses patented messaging technology and offers interactive medication adherence reminders and information exchange to help healthcare payers, providers, and others connect with patients. The five-year, non-exclusive license agreement includes a six figure upfront licensing cost and equal revenue split from future

ImageWare brings server-side approach to enterprise biometrics

ImageWare Systems Inc. has brought its signature government biometric authentication SaaS to the corporate market with the Monday launch of its GoVerifyID Enterprise Suite. The company say that the suite, which provides end-to-end, multi-modal, multi-factor authentication within the Microsoft enterprise ecosystem, using a hybrid cloud architecture that authenticates at the server level, is the first of its kind. The ImageWare Biometric Engine-backed enterprise application represents the established government provider’s first big foray into the mass consumer and commercial markets, which

ImageWare Systems licenses mobile biometric verification solution to Telos

ImageWare Systems has licensed its mobile biometric authentication service GoVerifyID — which is offered on Amazon Web Services (AWS) on-demand cloud platform — to continuous security solutions provider Telos Corporation for use with HPE Aruba ClearPass. Telos is a leading ClearPass reseller to both the U.S. federal government and commercial organizations. Recently, ImageWare and Hewlett Packard Enterprise (HPE) teamed up to integrate GoVerifyID with ClearPass, a network access management solution that manages over 65 million end-points. The integrated product is

ImageWare expands board of directors

Biometric identity management solutions developer ImageWare Systems has appointed Dana Kammersgard to its board of directors, expanding the board to eight members, with seven serving independently. “ImageWare offers the most unique multi-modal biometric solutions in the market and continues innovating its products in ways that allow it to stay ahead of the competition,” said Kammersgard. “I expect to utilize my experience growing smaller organizations and applying those same past successes to ImageWare as the company looks to expand its footprint

ImageWare Systems wastes no time in Q3, achieves multiple milestones and developments

ImageWare Systems, a leading developer of identity management solutions, providing secure biometric credential and law enforcement technologies, certainly hasn’t wasted any time this past quarter, achieving 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-engineered BE 2.0, which accelerates the development and deployment of enterprise-class biometric identity solutions for many data sets. It also provides a level of modality, interoperability and massive