Imageware and TECH5 Announce Global Partnership and Provide New Biometric Solution for SISCO
Imageware Integrates TECH5's Solutions into its Product Portfolio as a Value Added Reseller and Offers its Upgraded Identity Platform to SISCO
SAN DIEGO, Sept. 14, 2021 /PRNewswire/ -- Imageware® (OTCQB: IWSY) ("Imageware" or "the Company"), a leader in biometric identification and authentication, today announced a global partnership with TECH5®, an innovator in the field of identity management solutions, to become a value-added reseller ("VAR") for its solutions. Through this agreement, all TECH5 offerings will be available through integration with the existing Imageware product portfolio.
Imageware and TECH5 Announce Global Partnership and will Provide New Biometric Solution for SISCO.
TECH5 provides top-rated biometric algorithms and matching platforms for face, iris, and fingerprint recognition for use in both government and commercial enterprise solutions. TECH5 also provides innovative technology such as contactless fingerprint capture and Digital ID solutions protected by biometrics. As a VAR, Imageware will be integrating TECH5's biometric technology across its products, which includes Imageware Proof, Imageware Authenticate, Imageware Identify, and the Imageware Biometric Engine and others.
Imageware also announced today that it will be providing SISCO, Inc. ("SISCO"), a leader in visitor management systems, with the Imageware Identity Platform, powered by TECH5 technologies, to enhance its product portfolio for the marine and visitor management industries. The Imageware Identity Platform adds facial recognition to SISCO's mobile solutions for the cruise line industry through the Identity Platform powered by TECH5's facial recognition biometric algorithm. As the provider of hardware and software solutions for approximately 40% of the cruise line industry, SISCO will offer this product as an upgrade to existing customers and a differentiator for attracting new ones. Cruise lines using this solution can now leverage facial recognition technology for onboarding passengers and for emergency situations at muster stations, which greatly increases the convenience, security, and speed of both processes. Creating a versatile biometric platform to be used throughout the marine sector (e.g. military vessels, container ships, oil rigs, barges, ferries and Ro-Ro) is critical to the safety and security of people, ports and countries.
"This strategic partnership with TECH5 enables Imageware to include accurate and fast biometric algorithms and technology into our products and augments our offerings for both the private and public sectors," said AJ Naddell, SVP of Product Management & Sales. "TECH5's suite of algorithms is highly-rated by NIST in several categories, and we appreciate the opportunity to work with their innovative team. Our strategic partnership with SISCO will serve as a calling card to highlight our joint capabilities with TECH5, and it enables us to provide leading biometric identity management solutions to new industries and use cases, including the marine safety and security industries and corporate visitor management solutions. We look forward to increasing our addressable market in the cruise line and marine industry and to further expanding our footprint across different verticals."
Rahul Parthe, Co-founder, Chairman, and CTO of TECH5 added: "TECH5 focuses on providing leading and innovative biometric technologies, thereby enabling our key strategic partners like Imageware to provide industry specific solutions. We are very excited to work with Imageware as they can apply our technologies to many use cases in federal, state and local governments, as well as a multitude of private sector verticals. Using TECH5's facial recognition technology as part of the Imageware Identity Platform to provide solutions for the cruise line industry and for enterprise visitor management systems demonstrates how Imageware can extend our solutions to even more markets."
Anthony Zagami, CEO of SISCO added: "Increasing the speed and efficiency of ship-boarding processes and mandatory safety mustering exercises at the start of cruises is very important for customer satisfaction. These processes require considerable cruise ship staff resources and often delay the customers' enjoyment of their vacations. This new biometric identification solution will save time and provide customers with more safe, satisfying, and secure onboarding and mustering processes."
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SOURCE ImageWare Systems, Inc.
Company Codes: OTC-PINK:IWSY, OTC-QB:IWSY
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