ImageWare Systems, Inc. (OTCQB: IWSY) (IWS), a leader in mobile and cloud-based, Multi-modal biometric identity management solutions, has announced that it has been selected as an Innovation and Design Award Winner, 2014 for its Biometric Engine? (BE) a patented, real-time, high performance, Cloud enabled Multi-modal biometric database.

The winners spanned from clever, efficient protocols which link the Internet of Things, to iOS and Android app toolkits to personal protection and peace of mind monitors for family members to biometric and eye control and log-in tools and products.

“In 2013, the United States alone saw more than 12 million identity fraud victims at a dollar cost of $24 billion, with the average financial loss per identity theft totaling $4,930. Goode Intelligence predicts that by the end of 2015 there will be 619 million people using biometrics on their mobile device,” said, Jim Miller, CEO of ImageWare Systems. “We are honored to be recognized for our innovation in the next generation of identity management. Legacy technologies are failing to protect business and consumer. Cost effective, flexible, cloud based Multi-modal biometrics can authenticate and verify personal identity based human characteristics and cannot be replicated. We are delivering new models that support the huge growth in mobile and desktop transaction, business and health services.”

Award candidates were judged for innovation, design and style in 26 categories of social benefit ranging from personal entertainment delivery technologies to health and wellness, peace of mind for loved ones and clever biometric voice and eye control of devices with ID.

Jim Miller, concluded: “Gartner’s estimate of 30% enterprise adoption for biometrics as the authentication standard by 2016 presents a huge opportunity for ImageWare in the projected $400 billion dollar market place estimated for mobile payments by 2015.”

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