ImageWare gives sales update on GoVerifyID

Mobile and cloud-based, multi-modal biometric identity management solutions firm ImageWare has provided its first sales update for 2018.Jim Miller, Chairman and CEO of ImageWare, said that “We have sold additional licenses to an existing customer who is expanding the use of the IWS Biometric Engine and three of our partners have made initial sales of GoVerify ID (GVID). We continue to expect that many initial sales will often be made for enterprise/employee users and then adding users as services are rolled out to their customers.”Working with our partners, combined with anticipated sales from our own sales efforts, we now expect additional sales on a regular basis and look forward to the next sales update in May,” concluded Miller.An existing Federal government customer, who has been using the patented IWS Biometric Engine for biometric authentication for more than five years, has made a $730,000 purchase of additional licenses.An ImageWare partner has made a sale to a privately held global corporation which has placed an initial order for enterprise GVID to serve the first 1,000 employees with plans to roll out GVID to its remaining 55,000 employees throughout the year.Another ImageWare partner has made a sale of its new cloud-based product with GVID built-in to two federal government agencies for use by select employees.Fujitsu has purchased licenses for 1,000 of its employees.For all four of these partner sales, ImageWare generates revenue on a per user/per month basis.

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