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 sales. American Biometric Solutions has already started initial marketing and will concentrate on sales in North America.
“The pillphone application aims to increase medication adherence and chronic disease management education, which are crucial elements in both the prevention and relapse of health issues,” said Jim Miller, Chairman and CEO of ImageWare Systems. “Our unique and proprietary technology incorporates biometric authentication into the familiar mobile app format, making it easy to deploy and for patients to understand.”