Item 8.01. Other Events

ImageWare Systems, Inc. today announced that, in connection with a review of its assets, it is discontinuing its pillphone messaging platform to focus on its Cloud-based, multimodal biometric cybersecurity solutions and the markets requiring faster, accurate identification to better secure communities, data and assets against costly ransomware attacks.

Pillphone has been cleared by the Federal Drug Administration and is HIPAA compliant and was originally developed utilizing certain intellectual property acquired from Vocel, Inc. ("Vocel") in 2012. The intellectual property acquired from Vocel will be placed in a separate non-operating entity.






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