ImageWare CEO Emphasizes Partnerships, Microsoft Opportunity in Q3 Update

“Commenting on the results in a statement, ImageWare CEO Jim Miller emphasized the “several key partnerships” into which the company entered during the quarter, including those with Fortscale Security, Fujitsu, and SAP HANA…”

ImageWare has issued its corporate update for the quarter ended September 30th.

ImageWare CEO Focuses on Partnerships, Microsoft Opportunity in Q3 Update

Its revenues for Q3 came in at $0.8 million, against $1.2 million in Q3 of 2015. The company also saw a net loss of $2.4 million, compared to a net loss of $1.9 million a year ago.

Commenting on the results in a statement, ImageWare CEO Jim Miller emphasized the “several key partnerships” into which the company entered during the quarter, including those with Fortscale Security, Fujitsu, and SAP HANA, all of which integrated ImageWare’s GoVerifyID biometric identity system into platforms of their own.

Looking ahead, Miller also drew attention to the launch of GoVerifyID Enterprise Suite, which was announced earlier this week. It’s designed easy integration with Microsoft IT infrastructure, and Miller called it “a truly revolutionary, scalable and affordable solution” that offers the company “a considerable opportunity” given Microsoft’s wide reach in enterprise IT.

Miller, together with CFO Wayne Wetherell, will host a conference call on ImageWare’s Q3 results later today.

November 16, 2016 – by Alex Perala