Imageware Secures $2.5 Million Bridge Financing As It Continues To Review Strategic Options

Imageware® (OTCQB: IWSY) (“Imageware” or “the Company”), a leader in biometric identification and authentication solutions, announced  that it has entered into a bridge facility agreement (the “Agreement”) with its largest shareholder. This new facility provides for an aggegate of $2.5 million of potential capital that will allow Imageware and its stakeholders to continue to evaluate and pursue a strategic path that will best position the Company for the future.

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Commenting on the financing agreement, Kristin Taylor, Chair and CEO said, “This agreement is a positive step forward for our business as it provides additional funding in the short-term to ensure that we can reach the best long-term solution for our business. I am confident the steps we are taking now will position us well for years to come.”

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Imageware identifies, verifies, and authenticates who people are, not just what keys and codes they have. Our Cloud-based, multimodal biometric solutions provide faster, accurate identification to better secure communities, data, and assets. Imageware solutions are trusted globally by government agencies, law enforcement, and private enterprises. Imageware: Identity with Biometric Certainty. 

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