ImageWare Systems to Report Fourth Quarter and Annual Results Thursday, March 28, 2002

Will Host Conference Call Same Day


SAN DIEGO, March 26, 2002 (PRIMEZONE) -- ImageWare Systems, Inc. (AMEX:IW) said it will release financial results for the fourth quarter and year ended December 31, 2001 on March 28, 2002. The company also said that James Miller, chairman and chief executive officer, and Wayne Wetherell, senior vice president of administration and chief financial officer, will host a conference call that same day to review the financial results.

The conference call will be available to all interested parties through a live audio Web broadcast via the Internet at www.vcall.com and www.iwsinc.com starting at 11 a.m., EST, on Thursday, March 28. The call will be archived and available on both Websites for two weeks beginning at 1 p.m., EST, on Thursday, March 28 through 5 p.m., EST, on Thursday, April 11. A telephone replay of the call will also be available from 1 p.m., EST, on Thursday, March 28 to 1 p.m., EST, on Thursday, April 11. Please call 800-633-8284 (domestic) or 858-812-6440 (international) and use Reservation No. 20479498.

About ImageWare Systems:

ImageWare Systems, Inc. develops and markets software used to create and manage databases of digital images and accompanying text records. Through its ID Group, ImageWare applies its core technology to create secure identification systems. The company's smart card ID systems include an associated information database, and are designed to provide facility security for public and private organizations including airports, universities, government agencies and businesses of all sizes. Through its C.R.I.M.E.S.(r) product line, ImageWare empowers its customers to quickly capture, archive, search, retrieve and share digital photographs and criminal history records on a stand alone, networked or Web-based platform. Through its Digital Photography Systems Group, ImageWare creates software and Web-based solutions for professional photographers to capture and modify digital photos for events such as sports or weddings, school photos and studio portraits.


            

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