ImageWare Systems, Inc. announced that at closing Messrs. Steve Hamm, David Loesch, David Carey, Neal Goldman, and Jim Miller resigned as members of the Board of Directors of the Company. Each of the director’s resignations were not the result of any disagreements with respect to the Company's operations, policies, or practices, and were effected in connection with the consummation of the Series D Financing. On November 13, 2020, Messrs. Ben Smeal and James Demitrieus were appointed by the sole remaining director, Kristin Taylor, to fill two of the vacancies on the Company’s Board of Directors resulting from the resignation of the directors. Ben Smeal. Mr. Smeal has been a private investor since April 2018. James Demitrieus. Mr. Demitrieus served as Managing Director of Jameson Associates, a specialty investment management and financial advisory firm, from March 2018 to present.
ImageWare Systems, Inc. provides biometrically enabled software-based identity management solutions. The Company develops software that provides indication of a person's identity. Its product include Imageware Biometric Engine is a patented biometric identity and authentication database built for multi-biometric enrollment, management and authentication. The Companyâs products are used to manage and issue secure credentials, including national identifications (IDs), passports, driver licenses and access control credentials. The Companyâs products also provide law enforcement with integrated mug shot, fingerprint LiveScan and investigative capabilities. The Company also provides comprehensive authentication security software using biometrics to secure physical and logical access to facilities or computer networks or Internet sites. Its products also include Imageware Proof, Imageware Capture, Imageware Identify, Imageware Credential, Imageware Digital ID and Imageware Authenticate.
IMAGEWARE SYSTEMS, INC. 