|By PR Newswire||
|February 23, 2014 03:01 AM EST||
BARCELONA, Spain, Feb. 23, 2014 /PRNewswire/ -- From ShowStoppers @ MWC 2014– ImageWare Systems, Inc. (OTCQB: IWSY) (IWS), a leader in mobile and cloud-based, multi-modal biometric identity management solutions, will showcase its next-generation cloud identity management and authentication service, GoMobile Interactive™ (GMI), and more at Mobile World Congress 2014.
Mobile World Congress will be held at the Fira Gran Via in Barcelona, Spain February 24-27, 2014. Visit ImageWare at booth 7K08 Hall 7, mobile payment pavilion.
As Silicon India recently reported, the number of active cell phones will reach 7.3 billion by 2014. In other words, there will be more in-use cell phones than there are people on the planet right now. In 2013, the United States saw more than 12 million identity fraud victims at a dollar cost of $24 billion, with the average financial loss per identity theft totaling $4,930. Goode Intelligence predicts that by the end of 2015 there will be 619 million people using biometrics on their mobile device.
"Smartphones are having a huge and growing impact on the bottom line in retail, banking and financial services. Mobile sales hit $5.9 billion in Q1 2013, nearly 11% of total web sales of $56.0 billion, comScore says. In the first quarter, total U.S. retail sales grew 1% year over year, web sales grew 13% and mobile sales grew 31%. Mobile commerce is growing far faster than the web," said Jim Miller, chairman and CEO of ImageWare Systems. "Worldwide mobile payments are expected to become a $400 billion market by 2015 and global enterprise businesses will be at the forefront to protect themselves and their consumers. We are pleased to demonstrate such an important service and technology at MWC 2014 with the IT security industry's most reliable form of identity theft protection for accessing their gateway accounts via desktop and mobile devices."
GoMobile Interactive (GMI) is a cloud-based, multi-modal biometric mobile identity management solution that enables messaged based unparalleled identity verification for existing and new mobile banking, mobile wallet, and other mobile applications that require a next-generation method to automate and verify the identity of the customer. GMI ensures fraud protection now at risk though legacy services and verifies user transactions securely and quickly. ImageWare GMI replaces unsecure, vulnerable usernames, passwords and pin-codes with voice, facial, palm, finger and iris recognition, among others. GMI brings U.S. government-hardened and tested high-end security to an increasingly mobile world. Messaged based verification is bundled with GMI, and is also available as a separate application, or service.
GoMobile Interactive is built upon the award winning IWS Biometric Engine (IWS BE), a SOA based server platform that enables advanced biometric data process and management with ESB connectivity. Key features of the IWS BE include:
Scalability: Enroll, identify & verify unlimited population sizes, Interoperability: Hardware & algorithm independent processing , Easy: Future-proof, plug-and-play software development kits (SDK), Adaptable: Product modules that can be implemented together or individually, Flexible: License and/or subscription service offering, Compatible: Compatible with most biometric products
ImageWare's services are delivered for a one-time enrollment fee per new customer and a monthly subscription fee basis that will vary per customer. Services are to be delivered via the Fujitsu Trusted Public Cloud S5 platform providing fully-configured, secure, and on-demand IT infrastructure for the ImageWare CloudID SaaS.
The challenges of complex password requirements and various kinds of tokens for mobile access are driving information security and IAM leader's interest in biometric authentication. Gartner predicts that by the end of 2016, 30% of enterprises will employ biometric methods for user authentication from mobile devices, up from 5% today. (Source: Gartner: Good Authentication Choices, May 2013).
Jim Miller, concluded: "Gartner's estimate of 30% enterprise adoption for biometrics as the authentication standard by 2016 presents a huge opportunity for ImageWare in the projected $400 billion dollar market place estimated for mobile payments by 2015."
About ImageWare Systems, Inc.
ImageWare Systems, Inc. (OTCQB: IWSY) is a leading developer of mobile and cloud-based 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.
Follow IWS on Twitter: https://twitter.com/IWSINC
Follow IWS on LinkedIn: http://www.linkedin.com/company/imageware-systems-inc.
Like IWS on Facebook: https://www.facebook.com/pages/ImageWare-Systems-Inc/536493893061048
Subscribe to IWS' Youtube channel: http://www.youtube.com/channel/UCjcTr2UMoDRfODCVBD3Ng3A
For regular news updates, bookmark IWS' newsroom: http://www.iwsinc.com/about-iws/news-and-events-weblink/press-releases/
Forward-Looking Statements Disclosure
This press release may contain "forward-looking statements" within the meaning of the federal securities laws. In this context, forward looking statements may address the Company's expected future business and financial performance, and often contain words such as "anticipates," "believes," "estimates," "expects," "intends," "plans," "seeks," "will" and other terms with similar meaning. These forward-looking statements address matters that are, to different degrees, uncertain. Although the Company believes that the assumptions upon which its forward looking statements are based are reasonable, it can provide no assurances that these assumptions will prove to be correct. All forward-looking statements in this press release are expressly qualified by such cautionary statements, risk, and uncertainties, and by reference to the underlying assumptions.
SOURCE ImageWare Systems, Inc.
SYS-CON Events announced today that Tintri Inc., a leading producer of VM-aware storage (VAS) for virtualization and cloud environments, will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Tintri VM-aware storage is the simplest for virtualized applications and cloud. Organizations including GE, Toyota, United Healthcare, NASA and 6 of the Fortune 15 have said “No to LUNs.” With Tintri they mana...
Sep. 26, 2016 08:30 AM EDT Reads: 2,487
SYS-CON Events announced today that Interface Masters Technologies, a leader in Network Visibility and Uptime Solutions, will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Interface Masters Technologies is a leading vendor in the network monitoring and high speed networking markets. Based in the heart of Silicon Valley, Interface Masters' expertise lies in Gigabit, 10 Gigabit and 40 Gigabit Eth...
Sep. 26, 2016 08:30 AM EDT Reads: 2,397
The vision of a connected smart home is becoming reality with the application of integrated wireless technologies in devices and appliances. The use of standardized and TCP/IP networked wireless technologies in line-powered and battery operated sensors and controls has led to the adoption of radios in the 2.4GHz band, including Wi-Fi, BT/BLE and 802.15.4 applied ZigBee and Thread. This is driving the need for robust wireless coexistence for multiple radios to ensure throughput performance and th...
Sep. 26, 2016 08:15 AM EDT Reads: 1,541
Vidyo, Inc., has joined the Alliance for Open Media. The Alliance for Open Media is a non-profit organization working to define and develop media technologies that address the need for an open standard for video compression and delivery over the web. As a member of the Alliance, Vidyo will collaborate with industry leaders in pursuit of an open and royalty-free AOMedia Video codec, AV1. Vidyo’s contributions to the organization will bring to bear its long history of expertise in codec technolo...
Sep. 26, 2016 08:15 AM EDT Reads: 2,384
SYS-CON Events announced today that Commvault, a global leader in enterprise data protection and information management, has been named “Bronze Sponsor” of SYS-CON's 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Commvault is a leading provider of data protection and information management solutions, helping companies worldwide activate their data to drive more value and business insight and to transform moder...
Sep. 26, 2016 08:15 AM EDT Reads: 2,535
If you’re responsible for an application that depends on the data or functionality of various IoT endpoints – either sensors or devices – your brand reputation depends on the security, reliability, and compliance of its many integrated parts. If your application fails to deliver the expected business results, your customers and partners won't care if that failure stems from the code you developed or from a component that you integrated. What can you do to ensure that the endpoints work as expect...
Sep. 26, 2016 07:15 AM EDT Reads: 1,598
An IoT product’s log files speak volumes about what’s happening with your products in the field, pinpointing current and potential issues, and enabling you to predict failures and save millions of dollars in inventory. But until recently, no one knew how to listen. In his session at @ThingsExpo, Dan Gettens, Chief Research Officer at OnProcess, will discuss recent research by Massachusetts Institute of Technology and OnProcess Technology, where MIT created a new, breakthrough analytics model f...
Sep. 26, 2016 07:15 AM EDT Reads: 1,882
SYS-CON Events announced today that Bsquare has been named “Silver Sponsor” of SYS-CON's @ThingsExpo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. For more than two decades, Bsquare has helped its customers extract business value from a broad array of physical assets by making them intelligent, connecting them, and using the data they generate to optimize business processes.
Sep. 26, 2016 07:00 AM EDT Reads: 2,647
Technology vendors and analysts are eager to paint a rosy picture of how wonderful IoT is and why your deployment will be great with the use of their products and services. While it is easy to showcase successful IoT solutions, identifying IoT systems that missed the mark or failed can often provide more in the way of key lessons learned. In his session at @ThingsExpo, Peter Vanderminden, Principal Industry Analyst for IoT & Digital Supply Chain to Flatiron Strategies, will focus on how IoT de...
Sep. 26, 2016 06:45 AM EDT Reads: 1,076
Digitization is driving a fundamental change in society that is transforming the way businesses work with their customers, their supply chains and their people. Digital transformation leverages DevOps best practices, such as Agile Parallel Development, Continuous Delivery and Agile Operations to capitalize on opportunities and create competitive differentiation in the application economy. However, information security has been notably absent from the DevOps movement. Speed doesn’t have to negat...
Sep. 26, 2016 06:45 AM EDT Reads: 1,962
Fact is, enterprises have significant legacy voice infrastructure that’s costly to replace with pure IP solutions. How can we bring this analog infrastructure into our shiny new cloud applications? There are proven methods to bind both legacy voice applications and traditional PSTN audio into cloud-based applications and services at a carrier scale. Some of the most successful implementations leverage WebRTC, WebSockets, SIP and other open source technologies. In his session at @ThingsExpo, Da...
Sep. 26, 2016 06:30 AM EDT Reads: 1,569
Your business relies on your applications and your employees to stay in business. Whether you develop apps or manage business critical apps that help fuel your business, what happens when users experience sluggish performance? You and all technical teams across the organization – application, network, operations, among others, as well as, those outside the organization, like ISPs and third-party providers – are called in to solve the problem.
Sep. 26, 2016 06:30 AM EDT Reads: 2,418
Most of us already know that adopting new cloud applications can boost a business’s productivity by enabling organizations to be more agile and ready to change course in our fast-moving and connected digital world. But the rapid adoption of cloud apps and services also brings with it profound security threats, including visibility and control challenges that aren’t present in traditional on-premises environments. At the same time, the cloud – because of its interconnected, flexible and adaptable...
Sep. 26, 2016 06:15 AM EDT Reads: 1,652
Digital transformation is too big and important for our future success to not understand the rules that apply to it. The first three rules for winning in this age of hyper-digital transformation are: Advantages in speed, analytics and operational tempos must be captured by implementing an optimized information logistics system (OILS) Real-time operational tempos (IT, people and business processes) must be achieved Businesses that can "analyze data and act and with speed" will dominate those t...
Sep. 26, 2016 04:30 AM EDT Reads: 1,060
SYS-CON Events announced today that Roundee / LinearHub will exhibit at the WebRTC Summit at @ThingsExpo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. LinearHub provides Roundee Service, a smart platform for enterprise video conferencing with enhanced features such as automatic recording and transcription service. Slack users can integrate Roundee to their team via Slack’s App Directory, and '/roundee' command lets your video conference ...
Sep. 26, 2016 04:30 AM EDT Reads: 1,418