ImageWare Systems and ScreenCheck Form Strategic Alliance.Business Editors/High-Tech Writers SAN DIEGO San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. & ZOETERMEER, Netherlands--(BUSINESS WIRE)--Dec. 10, 2003 ImageWare Systems Inc. (AMEX AMEX See: American Stock Exchange :IW), the leading global provider of secure credential, biometric, law enforcement and digital imaging software solutions, and ScreenCheck, a global provider of card solutions including software, hardware and services based in the Netherlands, today announced that they have entered into a strategic alliance. Both parties have agreed to a strategic alliance related to the sale, distribution and technical support of printers and associated supplies. This will allow each company to focus on its core competencies in the software, hardware and cardware arenas. Physical distribution and services of printers and associated supplies for both companies will be coordinated by ScreenCheck. ImageWare and ScreenCheck have begun to build a strategic roadmap to cooperate in building innovative solutions. This will allow both ImageWare and ScreenCheck product lines to expand, improve and extend the value proposition to customers and partners. "ImageWare and its subsidiaries are excited to announce this strategic alliance with ScreenCheck," stated Bill Willis William Karnet Willis (born October 5, 1921 in Columbus, Ohio) was one of the dominant American football players of the 1940s and 1950s, and is an inductee in the College and Professional Football Halls of Fame. , ImageWare's SVP SVP S'il Vous Plaît (French: Please) SVP Senior Vice President SVP Schweizerische Volkspartei (Swiss People~s Party) SVP Society of Vertebrate Paleontology SVP Social Venture Partners SVP St Vincent de Paul of technology and business development and managing director of ImageWare's German subsidiary, Digital Imaging International. "The synergy between the companies' current offerings is a natural fit." "The strategic cooperation between ImageWare and ScreenCheck will move the distribution, services and technical support of printers into a new direction," stated Roger Berk, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of ScreenCheck. "This cooperation allows ScreenCheck to service distributors, resellers and end-users of both organizations globally, thanks to our seven regional sales and service centers. ScreenCheck is committed to providing quality service to all partners and customers of ImageWare and its subsidiaries." About ImageWare Systems Inc. ImageWare Systems Inc. is the leading global developer of digital imaging, identification and biometric software solutions for the corporate, government, law enforcement, professional photography, transportation, education and healthcare markets, among others. ImageWare's secure credential and biometric product lines are used to produce ID cards, driver licenses, passports, national medical health cards, national IDs and more. The company's law enforcement and biometric product lines provide the public safety market with booking, investigative and identification solutions that can be accessed and shared via PC, Web and wireless platforms. ImageWare's professional digital imaging product line provides professional photographers with automated, in-studio and mobile solutions to facilitate the transition from film-based photography to digital imaging. Founded in 1987, ImageWare has headquarters in San Diego, with offices in Canada, Europe and Asia. About ScreenCheck ScreenCheck is one of the global providers of card personalization Custom tailoring information to the individual. On the Web, personalization means returning a page that has been customized for the user, taking into consideration that person's habits and preferences. solutions and is specialized in developing complete turnkey card applications. ScreenCheck solutions and applications are promoted worldwide through a strategically built partner network. ScreenCheck subsidiaries are located in Western Europe Western Europe The countries of western Europe, especially those that are allied with the United States and Canada in the North Atlantic Treaty Organization (established 1949 and usually known as NATO). , Australia, Central Europe Central Europe is the region lying between the variously and vaguely defined areas of Eastern and Western Europe. In addition, Northern, Southern and Southeastern Europe may variously delimit or overlap into Central Europe. , India, Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. , the Middle East and the USA. Besides concluding partnerships on geographical grounds, ScreenCheck strives to optimize services by a continuous search for strategic partners in market-related segments such as access control, biometrics and cashless payment systems. For more information on ScreenCheck, visit the Web site at www.screencheck.com. Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement This news release may contain forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. While these statements are meant to convey to the public the companies' progress, business opportunities and growth prospects, readers are cautioned that such forward-looking statements represent management's opinions. While management believe such representation to be true and accurate based on the information available to the companies, actual results may differ materially from those described. The companies' operations and business prospects are always subject to risks and uncertainties. Important facts that may cause actual results to differ are set forth in the companies' periodic filings with the U.S. Securities and Exchange Commission. |
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