ImageWare Systems Secures $11 Million in New Funding

SAN DIEGO, Sept. 19, 2017, IWSY, (GLOBE NEWSWIRE) ImageWare Systems, Inc. (ImageWare or IWS) (OTCQB:IWSY), a leader in mobile and cloud-based, multi-modal biometric identity management solutions, has completed an $11 million registered direct offering to certain accredited investors. ImageWare sold an aggregate of 11,000 shares of new Series A Preferred Stock at $1,000 per share for gross proceeds of $11 million. After accounting for previously advanced cash that was converted into the transaction, new proceeds are expected to be
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