On February 14, 2012, the Board of Directors of ImageWare Systems, Inc. (the "Company") appointed John Cronin to its Board of Directors to serve until the next annual meeting of shareholders or until his successor is elected and appointed. Mr. Cronin is currently the Managing Director of ipCapital Group ("ipCG"), a worldwide intellectual property strategy consulting firm serving Fortune 500 clients as well as early stage companies. Prior to ipCG, he spent over 17 years at International Business Machines Corporation ("IBM"), most recently as a Senior Technical Staff Member. While at IBM, Mr. Cronin was its top inventor, responsible for over 100 patents and 150 patent publications. Capitalizing on a lifelong study of creative and inventive thinking processes, business strategy development, and transaction negotiations, he created both a unique ipCapital System Methodology for consulting as well as a world class licensing and transaction process. The world class ipCapital System Methodology provides for extraction and documentation of inventions, identifies opportunity and risk, drives transactions to completion, and creates significant market value from intellectual property. Mr. Cronin currently serves as a member of the Board of Directors at Vermont Electric Power Company, Armor Designs, Inc., and as a member of the advisory board for innoPad, Inc. and Primal Fusion, Inc. He holds a BSEE, an MSEE, and a BA degree in Psychology from the University of Vermont.

There are no arrangements or understandings between Mr. Cronin and any other persons, naming such persons, pursuant to which Mr. Cronin was selected as a director of the Company.

A copy of the press release announcing the appointment of Mr. Cronin to the Board of Directors is attached to this Current Report on Form 8-K as Exhibit 99.1.

See Exhibit Index.