Updates

Raytheon awards $900K contract to biometrics firm, ImageWare Systems

San  Diego, CA – ImageWare® Systems, Inc. (AMEX: IW), a leading developer and provider ofentity management solutions, today announced that the company has been awarded a $900K contract from Raytheon Company (NYSE: RTN) for its IWS™ Biometric Engine™ Border Management solution.   The IWS Biometric Engine Border Management product supports land, air and sea ports and utilizes biometrics including face, single finger, Livescan fingerprint and iris, during the enrollment andentification processing at border crossings. “ImageWare has developed technology and products that will enhance global security measures and ensure citizen safety,” said Jim Miller, ImageWare’s chairman and CEO. “The IWS Biometric Engine Border Management product was designed to provide the flexible and scalable performance that can fulfill large-scale projects, and meet the rigorous security demands at border crossings and requirements that are ever changing.” The IWS Biometric Engine Border Management product provides biometric enrollment, management andentification, allowing land, air and sea borders to biometrically search and match populations of unlimited sizes forentity confirmation. Searches can be 1:1 (verification), 1:N (identification), X:N (investigative) and N:N (enrollment integrity). IWS Biometric Engine Border Management, coupled with the Biometric Engine Image Quality and Enhancement product, improves the accuracy and effectiveness of biometrics, increasing the biometric performance, and maintaining database and image integrity. Based on open architecture, IWS Biometric Engine Border Management is scalable and technology agnostic, enabling users to employ biometric devices and algorithms overtime from virtually any vendor.About ImageWare Systems, Inc. ImageWare Systems, Inc. (AMEX:IW) is a leading developer and provider ofentity management solutions, providing biometric, secure credential, law enforcement and digital imaging technologies. Scalable for worldwide deployment, the Company'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'sentification products are used to manage and issue secure credentials including nationals, passports, driver licenses, smart cards and access control credentials. ImageWare's digital booking products provide law enforcement with integrated mug shot, fingerprint Livescan and investigative capabilities. The Company also provides comprehensive digital workflow solutions for the professional photography industry. ImageWare is headquartered in San Diego, with offices in Washington DC and Canada. For more information visit www.iwsinc.com.Safe Harbor Statement This news release may contain forward-looking statements made pursuant to the “safe harbor'' provisions of the Private Securities Litigation Reform Act of 1995.  While these statements are meant to convey to the public the company's progress, business opportunities and growth prospects, readers are cautioned that such forward-looking statements represent management's opinion.  While management believes such representation to be true and accurate based on the information available to the company, actual results may differ materially from those described. The company's 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 company’s periodic filings with the U.S. Securities and Exchange Commission.Contact:Harrison Wise, Vice PresidentRubenstein Public RelationsEmail: hwise@rubensteinpr.com