ImageWare Systems Inc., a developer of identity management products, has received multiple new orders in late September and October totaling $525,000 from new and existing government and private sector customers. Revenue will be recognized upon delivery of each order, the majority of which are expected to be in the fourth quarter.
Management intends to release third quarter results in mid-November. ![[end]](/resources/bullet/archive-4.gif)
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Multimodal biometric security provider ImageWare Systems Inc. has released version 2.0 of its Biometric Engine (BE) physical security identification product. This product is designed for airports, seaports and other critical points-of-access for government and private enterprises. This update takes into account the SAFE Port Act, which requires foreign shippers to secure cargo being shipped to the U.S. and ensure the identity of those loading it. Shippers must manage this by 2013. read more »The Institute of Electrical and Electronics Engineers (IEEE) announced the publication the new 802.15.4f-2012 standard for active RFID and RTLS. This new standard will enable interoperability between systems and give end users a wider selection of vendors, whereas in the past the choice has been limited to a single source that supplies a proprietary technology platform. read more »ImageWare Systems announced that the Los Angeles World Airports (LAWA), an agency that oversees Los Angeles International (LAX) airport, LA/Ontario International airport and Van Nuys airport, has placed an order for a number of biometric identity management and credentialing solutions. read more »Gemalto announced the launch of ProtivaMedSecure, a solution package that addresses one of challenges facing health care providers: a secure digital identity. Gemalto’s Protiva MedSecure provides a portfolio of authentication software, digital credentials, secure devices, servers and associated services. The Gemalto solution provides a single credential for secure visual identity, as well as physical and logical access to medical facilities and electronic medical records. read more »Gaming Partners International announced that it has received three orders to supply casino chips and plaques totaling just under $4.7 million. The company will produce approximately 700,000 custom Bourgogne et Grasset (B&G) premium casino chips for Venetian Macau Limited’s Sands Macau and Sands Cotai properties. GPI will also produce over 80,000 B&G RFID plaques to Sociedade de Jogos de Macau, S.A. (SJM)’s Grand Lisboa property. read more »Startup iCache has developed a mobile wallet solution for the iPhone that enables users consolidate all of their payment, loyalty and membership cards onto one smart card. read more » |
