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LOT-956 IBM LotusNotesDomino 7 Implementing - Administering Security

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LOT-956 exam Dumps Source : IBM LotusNotesDomino 7 Implementing - Administering Security

Test Code : LOT-956
Test name : IBM LotusNotesDomino 7 Implementing - Administering Security
Vendor name : IBM
: 160 existent Questions

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IBM Releases Open Liberty 18.0.0.three with assist for MicroProfile 2.0 | existent Questions and Pass4sure dumps

IBM's third quarter unlock of Open Liberty 18.0.0.three facets replete aid for MicroProfile 2.0 and a focus on the MicroProfile Metrics API.

First introduced simply over a yr in the past, Open Liberty is an open-source implementation of IBM's WebSphere Liberty application server to build microservices and cloud-native applications. Making its debut in 2012, WebSphere Liberty changed into designed to exist miniature and light-weight, and has served Java EE 7 licensed functions that are deployed in predominant structures corresponding to Docker, Kubernetes, and Cloud Foundry.

Writing about the natural evolution for microservices development, Kevin Sutter, MicroProfile and Java EE architect for WebSphere at IBM, pointed out:

Open Liberty has been one of the vital leading open-supply implementations of the MicroProfile platform. Ever when you reckon that the primary MicroProfile 1.0 free up in 2016, Open Liberty has supplied a fully-compatible, production-able implementation quickly after the neighborhood completes the respective necessities. This brief climb cadence with the aid of Open Liberty means that you can scan with modern MicroProfile APIs just about as soon as they are described. The latest Open Liberty deliverable helps both MicroProfile 1.four (in accordance with Java EE 7) and 2.0 (in line with Java EE eight).

Open Liberty publications and tools

developers can grasp abilities of Open Liberty interactive and static courses. The 15-minute e bespeak on MicroProfile Metrics demonstrates how to implement gadget and application metrics from a sample inventory microservice.

After cloning the repository, change over to the finish directory and execute here Maven command:

mvn set up liberty:delivery-server

once the server is operating, here URLs can exist found:

http://localhost:9080/stock/systems https://www.localhost:9443/metrics

The /metrics endpoint on port 9443 will screen output from the @Timed, @Gauge and @Counted annotations.

developers can besides grasp edge of Open Liberty equipment, a collection of lightweight tools for establishing, assembling, and deploying apps to Open Liberty, with every Open Liberty repositories accessible from GitHub.

Open Liberty and OSGi

OSGI is an integral fraction of Open Liberty. In a fresh EclipseCon 2018 presentation, Alasdair Nottingham, WebSphere and Liberty runtime architect at IBM, demonstrated how OSGi is used to construct Open Liberty. here diagram demonstrates how Java EE packaging is mapped to OSGi modules.

In a fresh dialog, Nottingham explained why OSGi is rarely precisely "en vogue" within the Java neighborhood:

Open Liberty makes exhaust of OSGi as fraction of the runtime implementation, but they don't provide an utility programming mannequin according to OSGi. a stout fraction of the explanations for this is as a result of they reclaim OSGi application uphold into their commercial product and didn't observe a colossal uptake in set of vanilla Java. It seems that many builders observe the extra complexity of OSGi and not the benefits. As you examine it isn't 'en vogue'.

after all, they don't talk about OSGi and Open Liberty since it is in fact an implementation constituent of how they supply the runtime.

Nottingham spoke to InfoQ about this latest free up of Open Liberty.

InfoQ: What are the office desires for each quarterly unencumber of Open Liberty? Is there a main office focused for each and every free up?

Nottingham: They desired to carry Open Liberty the usage of an agile strategy. This means instead of set desires for every quarter, they maneuver a backlog of labor they are doing and they ship the characteristic when capable, instead of on a specific date. They execute set desires for some characteristic, but even then they don't cease the coach if it can't bear it. Some facets that they now occupy set dreams for in the past were the Eclipse MicroProfile releases, they aim to ship aid for those API's in their free up following the Eclipse MicroProfile free up. it's definitely critical to me, because the lead, that they ship when capable so they bear certain it's prerogative and the fine is there. Open Liberty releases this year occupy included comprehensive uphold for Java EE 8 and Eclipse MicroProfile 2.0 as well as adding sheperd for Spring Boot functions, authentication by means of sociable media providers, OpenID connect, HTTP session failover the exhaust of JCache suppliers relish Hazelcast among others.

InfoQ: What makes Open Liberty wonderful over the different middleware application servers?

Nottingham: I reckon there are three issues that bear Open Liberty in reality interesting:

  • We sheperd distinct models of Java EE within the identical unlock. That capability you could elect whether to elope Java EE 7 or Java EE eight. You don't appear to exist compelled to bear the altenative of 1 or the different. you should exist in control of piteous ahead. It besides skill you greater easily derive every of the protection and useful fixes.
  • We occupy been designed from the ground up to exist modular and to sheperd a elect and mix for server capabilities. This wasn't retrofitted after the truth. I comprehend it is typical for some americans to cerebrate they'll just grasp Tomcat and stuff within the additional Java EE capabilities into their software. however that would not bear the most efficient runtime. there is precise drudgery to exist achieved to exist certain every these technologies drudgery well and successfully together, and that is what they did with out requiring you to elope everything in every deployed instance.
  • We execute not force configuration or software migration for modern releases. i execute know for many people this could appear to exist contour of boring, but no one likes having to update their code just to exhaust probably the most coincident version of a downstream dependency. no person likes having to recode their application or re-configure the server simply to proceed from one version to one more. It adds friction and takes you far from the vital constituent - your application. With Liberty, they nevertheless sheperd server configurations produced years ago with out exchange and, as long as you don't change from Java EE 7 to Java EE eight, you execute not should recode your applications because they are able to continue to elope them with Java EE 7. i know americans will pretension that Java EE 7 and Java EE eight are ahead suitable, however they now occupy a list of Java EE 7 -> Java EE 8 migration gotchas and they simply proceed away.
  • InfoQ: Is IBM acute in the exhaust of OSGi to build Open Liberty?

    Nottingham: Open Liberty isn't unique in the usage of OSGi. WebSphere natural, Glassfish and Payara every exhaust it as well, however the routine they exhaust it is very wonderful. They developed Open Liberty from the ground as much as definitely bear the most OSGi. They exhaust the modularity layer to: maintain their internals internal to eradicate classpath hell between the runtime and applications; exhaust the OSGi provider layer (and Declarative capabilities) to exist inevitable a fast, dynamic and parallel startup so as to delivery promptly, correctly, and lazily; and exhaust the Subsystem layer to create the conception of features to compose their runtime so that you can simply exhaust what you want.

    InfoQ: What's on the horizon for Open Liberty 18.0.0.four and subsequent releases in 2019?

    Nottingham: i am always hesitant to reply this variety of question as a result of I reckon in transport when capable, now not on a date. bound it isn't every the time possible, however i'd dislike to affirm “we are engaged on X for,” then bear a determination to slip it since it wasn't in a position and then occupy someone whinge that it didn't arrive. That mentioned, one of the vital things they are actively working on for the subsequent 12 months are:

  • Java SE eleven - they are actively engaged on this given Java SE eleven became just launched. They had Liberty working on Java SE 9/10. there occupy been a yoke of limitations, however Java SE 11 threw some predominant spanners in the works that they exigency to tackle.
  • Eclipse MicroProfile - we're closely invested in the success of this job and their aim is to free up uphold for each MicroProfile liberate in their release following theirs. This might materialize to exist a miniature factor to occupy one liner, however there is a gross lot occurring prerogative here, together with adding assist for reactive programming models.
  • Jakarta EE - certainly they are very drawn to this skedaddle and, whereas it is soundless in growth, their building group is involved within the discussions and they hope to aid Jakarta EE releases when they arrive out.
  • improving transparency into Open Liberty - probably the most issues they did after they first launched Open Liberty were compromises in the hobby of launching the code as open-source. One key enviornment is in construct transparency. They construct on IBM hosted hardware and the construct effects derive posted to inside methods so you can simplest observe the outcomes of a tug request that you reclaim up in case you drudgery for IBM. So they try to skedaddle the build output so it's publicly visible. They besides had an issue with a huge number of tests where they could not open-source them as a result of they had been developed with their purchasers so they execute not cling exclusive rights to them. They nevertheless elope these tests as a result of they give expense for finding regressions. but we're always seeking to in the reduction of the number of assessments we've behind the firewall, either by means of rewriting, or getting permission to circulate them.
  • Simplify integration into Maven/Gradle builds - they now occupy a group of plugins for constructing apps that set up to Liberty today, however they've advanced over 5 years and execute not supply the simplest user adventure. So we're engaged on simplifying that in a facet challenge they name raise. i am fairly excited about this long run, however's a runt too early to derive into details just yet.
  • we occupy been very considerate about how to bear Liberty play smartly in Docker/Kubernetes and Cloud Foundry, and proceed to treat these because the environments for which they exigency a really amenable DevOps experience. They execute some of this as fraction of the style they implement sheperd for modern Eclipse MicroProfile capabilities, however there are different purposeful and usability advancements we're delivering, relish aiding the forwarded headers for HTTP proxies.
  • increase performance - I derive that everyone does this every the time, but they are engaged on some frosty improvements such as an auto-tuned thread pool which works out the highest attribute variety of threads at runtime. they are planning on tweaking this algorithm to bear it stronger, as well as methods they are able to shrink the measurement of Liberty to bear it even smaller.
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    Seagate and IBM drudgery collectively to assist reduce global difficult pressure Counterfeiting with Blockchain know-how | existent Questions and Pass4sure dumps

    CUPERTINO, Calif. & ARMONK, N.Y.--(company WIRE)--

    venture combines IBM Blockchain Platform, Seagate’s advanced “electronic fingerprinting” and product monitoring to aid prove provenance over challenging power actuality cycle

    Seagate technology plc (STX), an international chief in statistics storage solutions, and IBM (IBM) these days introduced they're working together to reduce product counterfeiting using blockchain and protection technologies. The undertaking, which is designed to assist manufacturers, integrators, and enterprise companions fight counterfeit difficult drives, uses the IBM Blockchain Platform to authenticate the provenance of disk pressure products, bringing a modern smooth of multi-layered protection insurance policy to the records administration industry.

    This press unencumber features multimedia. View the entire liberate prerogative here:

    in response to the overseas Anti-Counterfeiting Coalition, international alternate in counterfeit and pirated electronic items has reached more than $1.7 trillion in price. To check product authenticity, Seagate will supersede the IBM Blockchain Platform on the IBM Cloud with product authentication records according to the Seagate cozy™ digital identification (eID) on the aspect of manufacture. each wonderful identifier (serving as an electronic fingerprint) can besides exist used to verify the identity of a difficult pressure at any time every over its product lifestyles cycle. Seagate’s certified cancel employs cryptographic erasure expertise to supply a digital certificates of information purge, which is electronically signed by using the gadget under the Seagate cozy public key infrastructure (PKI) and saved on the blockchain for compliance administration with emerging international data privateness legal guidelines.

    building upon IBM’s blockchain capabilities and powered with the aid of the Linux basis’s Hyperledger textile dispensed ledger framework, the IBM Blockchain Platform is designed to permit community participants to append and quest at blockchain facts in response to their smooth of permissioning. every through a product’s existence, know-how providers, provider suppliers, and conclusion users could exist in a position to ascertain the product’s provenance on the blockchain, which offers an immutable record of hobbies. this may aid reduce information loss, fraudulent items and guarantee costs, whereas enhancing product assurance for valued clientele during deployment.

    “Blockchain expertise may besides exist extremely valuable in confirming provenance and authenticity of assets,” mentioned Bruce Anderson, international managing director, electronics industry, IBM. “The skill to drudgery with Seagate to mix blockchain with advanced cryptographic product identification expertise is what sets this drudgery apart, and indicators blockchain’s skills to reimagine the electronics product actuality cycle administration methods. Counterfeit electronic components are a worldwide subject that requires an ecosystem-wide distress to tackle.”

    The eID and certified cancel capabilities are developed on the Seagate comfortable know-how, which may allow greater ranges of believe of product provenance and proof of facts erasure. shoppers can edge from knowing that a pressure is a existent Seagate product and that any facts on it can besides exist securely erased that can aid purchasers with their efforts to stick to overseas compliance requisites.

    “IBM has a proven tradition of expertise innovation as evidenced via its market management in blockchain technology for product provenance in a variety of industries,” pointed out expense Re, senior vp and chief know-how officer at Seagate. “by course of combining Seagate’s innovations in product protection with IBM’s blockchain advantage, they wish to prove that they will aid reduce the incidence of product counterfeiting sooner or later.”

    As job construction continues during this mixed distress to battle global product counterfeiting, Seagate and IBM are looking forward to that they will extend the company community to embrace participation from give chain companions.

    About IBM Blockchain

    IBM is identified because the leading enterprise blockchain issuer. The enterprise’s research, technical and company consultants occupy damaged barriers in transaction processing speeds, developed the most superior cryptography to relaxed transactions, and are contributing thousands and thousands of lines of open source code to better blockchain for corporations. IBM is the leader in open-supply blockchain options built for the business. considering 2016, IBM has worked with a gross bunch of customers throughout financial functions, give chain, govt, retail, digital rights management and healthcare to reclaim in force blockchain functions, and operates a number of networks working are alive and in creation. The cloud-primarily based IBM Blockchain Platform delivers the conclusion-to-conclusion capabilities that consumers should quickly prompt and efficiently boost, operate, govern and comfortable their own company networks. IBM is an early member of Hyperledger, an open source collaborative distress created to better cross-business blockchain applied sciences. For more information about IBM Blockchain, consult with or comply with us on Twitter at @ibmblockchain.

    Story Continues

    About Seagate

    Seagate creates belt for the human savor by innovating how facts is kept, shared and used. exist taught greater at comply with Seagate on Twitter, fb, LinkedIn, Spiceworks, YouTube and subscribe to their weblog.

    © 2018 Seagate expertise LLC. every rights reserved. Seagate, Seagate technology and the Spiral emblem are registered trademarks of Seagate technology LLC within the u.s. and/or other countries. Seagate relaxed is either a trademark or registered trademark of Seagate technology LLC or one in every of its affiliated groups in the united states and/or other countries. every other logos or registered emblems are the property of their respective house owners. Seagate reserves the confiscate to exchange, devoid of observe, product choices or requisites.

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    Is IBM basically Resetting the Cloud panorama With Its crimson Hat Acquisition? | existent Questions and Pass4sure dumps

    Assuming it passes muster -- and there's no rationale to hope it won't -- IBM's (NYSE:IBM) introduced buy of pink Hat (NYSE:RHT) for $33 billion will bear it the third-biggest M&A deal within the U.S. tech space ever. So even for a legacy big, here's critical company. And at $one hundred ninety a share, it exist paying a 63% top rate from the set the target closed Friday. So for traders, the obtrusive question is: what is it about this particular deal that makes it so essential for IBM?

    To clarify what's up, MarketFoolery host Mac Greer has analysts Emily Flippen and Jason Moser exist a fraction of him for this podcast to review the aggressive situation in the cloud, talk about the ways the crimson Hat acquisition will boost IBM's choices, and believe how this linkup might play out.

    A replete transcript follows the video.

    This video was recorded on Oct. 29, 2018.

    Mac Greer: IBM making a huge deal. On Sunday, IBM agreeing to buy purple Hat for $33 billion or $one hundred ninety in cash per share. it truly is a 63% top rate to the set purple Hat closed on Friday. That sounds relish a magnificient deal, appropriate?

    Emily Flippen: it's.

    Jason Moser: It appears relish lots.

    Greer: no longer unhealthy. IBM CEO Ginni Rometty says the deal is every about, "resetting the cloud landscape." Emily, I exigency to derive into that here in a minute. the press liberate adage the deal describes pink Hat as "the area's leading company of open supply cloud utility." in the event you materialize on the deal, shares of purple Hat up round forty seven% these days. IBM, down a little. a very amenable deal for IBM?

    Flippen: I feel or not it's a quintessential deal for IBM. or not it's an enchanting deal for crimson Hat. For a bit enjoyable reality, here is really the third largest deal within the U.S. history for tech.

    Greer: that's sort of enjoyable.

    Flippen: it's a fun fact. that's to affirm that, you will exist watchful that crimson Hat shares don't appear to exist exactly at that $a hundred ninety expense. it really is as a result of the undeniable fact that this will want regulatory and shareholder approval before it strikes ahead. i would hope that to swirl up.

    it's a thrilling deal for IBM. IBM has been posting really stagnant boom during the final few years. They essential to execute whatever thing. They had been losing out horribly to rivals relish Amazon and Microsoft during this area. This acquisition for them is an try to control every fraction of the cloud ecosystem for an enterprise. if you're an commercial enterprise, and you occupy got lots of actual assets, when it comes to common information storage, and you're trying to movement toward a cloud atmosphere, what they execute is, they occupy an inter-between angle where you're operating in a hybrid cloud atmosphere. This deal goes to permit IBM to derive in on the hybrid cloud atmosphere house and uphold businesses transition to that cloud environment. they are using red Hat to execute that.

    Moser: I reckon she hit the nail on the pinnacle there. It become a needful deal for IBM. they occupy now been speaking about IBM sort of just sitting there doing nothing over the past decade, extra or much less, as every other tech commerce they discus looks to exist flying revise past it. typically, with massive tech agencies relish this, which are a runt bit greater in accordance with legacy success, you should proceed in there and bear a great deal relish this. it's why it exist one of these top class, I believe. IBM in fact desires this. They don't want purple Hat to proceed looking around and spot if someone desires to up the ante a runt bit. So, they may exist paying a really ponderous top rate these days.

    It more than likely goes via. perhaps there is some scrutiny there. however once I seemed at the two organizations, I cerebrate this in reality tells you everything you exigency to exist watchful of. in case you materialize at the groups, you observe the disparity in the research and building line item on their earnings statements. in case you examine R&D as a percentage of earnings, for red Hat, or not it's about 20%. they may exist plowing loads of the cash they bear again into the commerce as a result of they exigency to preserve primary and maintain advancing. IBM's around 7%, and they're really doing that simply to tread water. and that is the intuition what they've been doing for a long time now.

    to observe them bear a stout deal relish this isn't brilliant. I believe purple Hat's a magnificient enterprise. the basics are sound. whether IBM truly does anything else in reality first rate with it continues to exist to exist viewed.

    Greer: in case you quest at IBM the stock, it hasn't even been treading water. You appear to exist over the remaining 5 years. Emily, they occupy been speaking about this before the exhibit. Shares are down. you've got lost money on IBM over the final 5 years. that is fairly challenging to execute during this market.

    Moser: Yeah, it had the popularity for the longest time of, in case you could not in fact determine what contour of promote it became and how you should definitely exist investing, you could always just purchase shares of IBM and no one would dangle that in opposition t you because of its standing within the tech house. but undoubtedly, tech has modified so a amenable deal in just the fresh years, and IBM hasn't in fact been spearheading that trade.

    Greer: I are looking to talk greater about this thought of resetting the cloud panorama. IBM's CEO says that massive companies occupy moved round 20% of their drudgery to the cloud. Let's simply grasp that as their starting element. That leaves round 80% that each one of those distinct corporations are competing for. IBM and pink Hat can proceed after that eighty%. however we've acquired just a few competitors. Let's simply review one of the vital names in that space. Amazon, Microsoft, and Alphabet.

    Flippen: What's entertaining about red Hat is they are focused on open-sourced systems. When a person goes out makes exhaust of pink Hat as a issuer, they are no longer truly purchasing any classification of fabric software. every of the code is already available. in the event that they desired that, they may rather actually proceed onto GitHub and copy and paste it. What they're doing is, they're buying purple Hat aid -- the technology, the skills it really is needed to reclaim into consequence that. or not it's going to exist basically enjoyable to observe how they compete. you'll word that loads of their rivals definitely exhaust red Hat.

    What IBM is trying to execute is announcing, "hello, we're now not going to exist the great cloud provider that's Amazon web capabilities. but, they are able to as a minimum exist the system which Amazon net services is working on." pink Hat's most widely subscribed product is crimson Hat commercial enterprise Linux. or not it's the working equipment that each one this know-how is running on. What they're attempting to execute is derive in on the bottom stage of that and grasp a quest at to exist a participant within the space with out necessarily without retard competing.

    We mentioned prior the course of life round IBM, how it's been a gradual growth enterprise, now not doing tons during this house. I reckon it is where the controversy for this deal comes from. a lot of people observe crimson Hat as an innovator, completely open-supply. Any commerce that can bear $2 billion selling whatever it is free is a fine commerce in my e-book.

    Moser: [laughs] it truly is a amenable aspect!

    Flippen: So, the opportunity there for a cultural disillusion, as this commerce it's been such an innovator, this is been open-source, strikes to this conglomerate, this enormous, gradual tech business, it may well exist a difficult tablet to swallow for some employees. but IBM actually wants the increase.

    Greer: The historical lifestyle clash. now they occupy heard that epic before. I believe back to AOL and Time Warner. they are able to observe how the deal shakes out.

    John Mackey, CEO of total meals Market, an Amazon subsidiary, is a member of The Motley fool's board of directors. Suzanne Frey, an govt at Alphabet, is a member of The Motley idiot's board of administrators. Teresa Kersten, an worker of LinkedIn, a Microsoft subsidiary, is a member of The Motley fool's board of directors. Emily Flippen has no position in any of the stocks mentioned. Jason Moser has no position in any of the stocks outlined. Mac Greer owns shares of Alphabet (C shares) and Amazon. The Motley fool owns shares of and recommends Alphabet (A shares), Alphabet (C shares), and Amazon. The Motley idiot has a disclosure policy.

    LOT-956 IBM LotusNotesDomino 7 Implementing - Administering Security

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    LOT-956 exam Dumps Source : IBM LotusNotesDomino 7 Implementing - Administering Security

    Test Code : LOT-956
    Test name : IBM LotusNotesDomino 7 Implementing - Administering Security
    Vendor name : IBM
    : 160 existent Questions

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    ImageWare Systems, Inc. (IWSY) CEO Jim Miller on Q3 2018 Results - Earnings convene Transcript | existent questions and Pass4sure dumps

    ImageWare Systems, Inc. (OTCQB:IWSY) Q3 2018 Earnings Conference convene November 14, 2018 4:30 PM ET


    Jim Miller - Chairman & CEO

    Wayne Wetherell - CFO


    Harvey Kohn - HRK Strategic Advisory

    Jeffrey Link - Invemed


    Thank you and amenable afternoon everyone. Thank you for participating in ImageWare Systems Third Quarter financial Results and Corporate Update convene to highlight the company's progress since its final quarterly update in August.

    Joining us today are ImageWare Systems Chairman and CEO, Jim Miller; and the company's CFO, Wayne Wetherell. Following the remarks, we'll open the convene for questions.

    Any statements made on this convene that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as anticipate, believe, estimate, expect, forecast, intent, may, plan, project, predict, if, should, and will, and similar expressions as they relate to ImageWare Systems Incorporated are intended to identify such forward-looking statements.

    ImageWare may from time to time, publicly update these forward-looking statements, but it is not obligated to execute so. Any projections of future results of operations should not exist construed in any manner as a guarantee that such results will, in fact, occur. These projections are subject to change and could differ materially from final reported results.

    For discussion of such risks and uncertainties, please observe Risk Factors in the ImageWare's Annual Report on contour 10-K for the fiscal year ended December 31, 2017. Its quarterly report on contour 10-Q for the quarter ended September 30, 2018, and other reports filed with the Securities and Exchange Commission under the Securities through Exchange Act of 1934 as amended.

    Readers are cautioned not to set undue reliance on these forward-looking statements, which discourse only as of to-date on which they are made.

    I would relish to remind everyone that this convene will exist available for replay starting at 7:30 p.m. Eastern time tonight. A webcast replay will exist available for 90 days on the company's website at Any redistribution, retransmission, or rebroadcast of this convene in any course without the expressed written consent of ImageWare Systems Incorporated is strictly prohibited.

    I'll now swirl the convene over to Wayne Wetherell, CFO. please proceed ahead.

    Wayne Wetherell

    Thank you, operator, and welcome to those of you joining their convene today.

    Our quarterly financial results are available in the recently published tidings release and on the contour 10-Q. The context on today's call, I'll provide a brief summary of those results.

    Revenue for the third quarter of 2018 totaled $736,000, that's down 32% from $1.1 million for the identical quarter of 2017. The lessen was attributable to lower identification project related revenue of approximately $271,000 and lower royalty revenue of approximately $63,000.

    As they remain in the past, their government revenue is subject to significant swings due to the nature of the government project business. extreme profit for the quarter was $576,000 as compared to $853,000 in the identical quarter of 2017. extreme margins decreased a 78% in the third quarter compared to 79% in 2017.

    The third quarter net loss was $3.5 million compared to $2.4 million for the identical quarter in 2017. Net loss per share for the quarter was $0.04 compared to $0.03 in 2017. They ended the quarter with cash of $9.1 million. This concludes my financial review, I'll now swirl the convene over to Jim for the progress update on their commerce strategy.

    Jim Miller

    Thanks, Wayne. amenable afternoon to everybody. And I value the opportunity to discourse with you every today and provide you an update on their marketing and sales efforts as well as those of their partners. But first, for those of you who'd relish to know more about their biometric technology and learn about what their game-changing patented multi-factor, multimodal technology does and how it's different from and superior to other competing technologies and why it's needed. I invite you to either visit their website at or contact their IR team directly to discuss.

    I'll start with an update on projects previously discussed before I address modern opportunities that occupy promote to us since their final call. It's necessary to withhold in intellect that updates and expectations regarding their colleague projects promote to you by course of what information and expectations their partners provide to us.

    Our partners declare us what they hope at any given time in the life of a project and in the interest of transparency. They share that information where they can with their shareholders. Unfortunately, in some cases, they've been off on their timing. Much of that is understandable as there are numerous piteous parts in several layers of management in any purchasing determination particularly one involving modern technology.

    Regrettably, when they are off it leaves the IWS management team looking [that] as well as if they missed the mark. That said, they continue to believe in the colleague model as given their size and number of employees, it's the best course to approach global markets.

    Now on their August conference call, they discussed the award granted by the veteran's administration to their colleague Four Points were $3.6 million multiyear order for services and licenses in connection with the biometric authentication system deployed by the VA. They continue their service to the VA, one of their largest and longest customers while they contend their needs for additional licenses and growth of the system.

    By course of their partnership with Fujitsu, we’ve received an order from a Canadian financial institution for their GoVerifyID product. Since the completion of the agreement, they occupy begun the install process which will lead to the enrollment of identities in the biometric authentication system in December.

    Updating you on the pending Fujitsu service now helped us product as mentioned before they are comfortable for this is an extremely great piece of commerce with the foundation in the 100s of millions of potential customers. In order to ready the Fujitsu branded services now product for the market, the product must exist tested and certified.

    This is a rigorous process that runs the modern product through its paces and certifies that it meets standards for sale and will exist interoperable with a great number of other software products used by the customers. When that drudgery is satisfactorily completed and retested, there will exist a product announcement and Fujitsu will start offering service with their embedded GoVerifyID technology.

    Thus offering a smoother and more secure user helpdesk savor at a meaningfully discounted expense to the customer. They are advised at this sales distress will start in this quarter. Their partner, CDW, tells us it'd hope to complete several modern GoVerifyID additional sales in this quarter as well.

    Our drudgery continues with one of IBMs largest ISAM customers, final quarter they told you that we'd advanced to the procurement discussion stage and for the moment, that is where that discussion remains. More recently, ForgeRock, a leader in identity and access management and ImageWare announced the partnership that involved the integration of their GoVerifyID product which allows for both two and three-factor authentication into the ForgeRock identity management platform.

    At a major industry event, Identity Live, just two weeks ago in London, ForgeRock debuted their product fully integrated into their identity management platform which allows their customers to quickly and easily obtain the security advantages of additional authentication. They in ForgeRock are now working together to follow-up on the significant interest from that event as well as target specific ForgeRock customers with two and three-factor authentication needs.

    Now, some of you occupy wondered why it is that a longtime pioneer in biometrics is now offering the frankly lesser security of two-factor authentication. Simple reasons, first we've always offered two-factor authentication on their products, so why not bear certain every of their customers know this.

    Second, some customers are hesitant to jump prerogative into biometrics, after every it's a stout change from over 50-years of passwords and pins. So, two-factor authentication offers an light first step into the journey towards more secure authentication of your identity and with the IWS platform they can start a customer on two-factor authentication or 2FA as they convene it and graduate them to replete biometric authentication in one very light step and every on the identical platform.

    Finally, and bluntly, they every saw the $2 billion plus valuation given to a two-factor company in recent acquisition by Cisco. They however, can grasp their customer on this authentication journey by supplying first steps with the competence to seamlessly and effortlessly upgrade to replete biometric authentication.

    Because they occupy every these capabilities on the IWS platform, a customer can skedaddle from two-factor to replete biometrics with a literal flip of the switch, a capability not provided by anyone else in the market. And two, and two or three-factor, the customer gets the identical highly scalable authentication enjoyed for a number of years by their government customers such as the state of Arizona, the Canadian TSA and the VA.

    Turning to the burgeoning healthcare market which is expected to uphold a higher per person per month expense point at the halt of their first quarter Fujitsu announced that it had expanded their sales and marketing agreement and was bringing their MedClick platform into the market. MedClick is an OEM version of their FDA approved pillphone product for biometrically secured patient engagement, medical adherence, and authentication of e-prescription ordering and clinical trial.

    In Q2, they told you that they and Fujitsu had successfully integrated MedClick into the Epic electronic healthcare application. The Epic electronic record solution for healthcare provides records for over 200 million patients. So, we're very excited about the competence to market MedClick into this space. In Q2, they besides told you that Fujitsu had just commenced its marketing and sales activities to add resellers who will target the inveterate disease management markets with the product.

    The Q3 update is that they are told that MedClick is being well received. Fujitsu is working on securing a reference customer for the product and is having discussions, senior management types in various companies to secure that vital reference account which can then exist used to drive additional sales.

    Turning to their partners at Contactable, they occupy executed a 5-year license agreement with them and tomorrow you will observe an announcement about their modern product for on-boarding which is based on their agreement with them. This is not only fills a pocket in their product offering but opens up a very lucrative market segment for their product. As many companies wish identity verification prior to enrolling in identity into a consumer or enterprise database.

    Now, with this modern product, they can proffer confident assurance that the individual who enters their customers database has their identity validated against the government issued ID. They could besides proffer customers the service of a digital vault to biometrically protect necessary documents and to facilitate digital transaction, every of this seamlessly integrated into their GoVerifyID product.

    More importantly, they can create for every users a secured digital identity that is compliant with the modern GDPR requirements, compliant with modern banking requirements and allows the individual who created that fully invented identity to exhaust it in a federated fashion. That is, with other merchants, governments or service providers or and this is really important: remove that identity from exhaust every together by revoking its use.

    This identity can exist created face-to-face in a brick & mortar location or done mobile'ly via exhaust of a smart device. They are already engaged in several exciting discussions about its exhaust and you will exist hearing a lot more from us about this exciting modern product. In their final call, they besides talked about a modern market. The internet of things. Defined as a group of standalone devices controlled or monitored from a remote location, which market is larger than any of the individual markets they occupy been selling into.

    We are at drudgery with several companies in this space ForgeRock among them and here we're besides completing an exciting modern product that will drudgery to add biometric and device authentication in the IoT space. You'd exist seeing a lot more from us on that in the coming weeks. As you saw from their public announcements, they were awarded a $2.7 million agreement from IBM Canada for software that will exist used for building the next generation identity management system for the Canadian government.

    Work has started on that project and there will exist revenues in this quarter. We're besides pleased that IBM has asked us to reckon other opportunities where they can sell in market other IWS products alongside of them as well. Some of you may occupy seen recently an announcement from Fujitsu and Microsoft regarding their agreement that Microsoft will resell Fujitsu software as a service products on the Azure Cloud platform.

    And going forward, the procedure is to embrace biometrics as a service in that group. Microsoft has not historically offered a cloud-based biometric authentication product or service. So, it's very promising that they procedure to exist selling Fujitsu's Software as a service solution. They continue to create modern technology and better their existing technology. As they do, they continue to file modern patents around their modern innovations.

    Most recently, they occupy created modern and exciting advances in two-factor authentication which will exist -- they will exist introducing early next year and for which they occupy patent applications in the works. They occupy altered their marketing approach to the market by more graphically showing potential customers how they can supply both two and three-factor authentication seamlessly on the identical platform. So, when a customer wants an upgrade, they can proceed from two to three-factor with absolute ease.

    Many of you've seen the recent Duo sale for $2.3 billion to Cisco based solely on a two-factor commerce model. So, they cerebrate their strategy --. For the Fujitsu Forum event held final week in Munich, Germany, Fujitsu integrated their biometric technology into their blockchain product. Their R&D folks occupy promote up with a magnificient modern course to more efficiently exhaust biometrics in the blockchain arena and they filed a modern patent on this modern technology.

    Also demonstrated the exhaust of their technology in the smart-car application at that show, so you can observe how biometrics can operate to supply security in that space. Finally, we're pleased to declare you that the state of Arizona has recently awarded ImageWare a multi-year indefinite delivery, indefinite quantity constrict for the supply of biometric authentication capability to every of the state agency.

    As many of you know, Arizona was their initial customer many years ago and we're very proud to exist able to proffer their products and services to additional agencies over and above their traditional focus in public safety agencies. A list of dynamic potential customers continues to grow and a list to potential significant transactions is besides growing but as I'm certain you every recognized, the entire process is not as simple as flipping-on a light switch and as we've every seen, the process takes time.

    Every project that they occupy been and will drudgery on, progresses at its own space but it is progressing. In fact, things are significantly different in the final nine months. Prior to that time, they were attempting to bear in road and sales the three major customers ourselves. They recognize several years ago that attempting to sell directly was not meeting with any success. So, they changed direction to instead of tracks and major companies to exist their colleague and salesforce space.

    And after several years of effort, that was successful with Fujitsu, IBM, CDW, now ForgeRock and others. For about the past nine months, these companies occupy been their sales front and they are now seeing a totally different reaction at a higher smooth by potential customers. Their partners occupy had some early successes. They and they observe major successes developing, significant strides occupy been made to establish a pipeline that they believe will impact, bring home major revenue for them, and for us.

    As said before, it's necessary for me to remind every of you that the process they grasp with each and every colleague is unique to that specific partner. Each colleague has its own set of objectives, market forces and processes that exigency to exist navigated internally prior to ever going to market. Sometimes these processes especially those that involved very great companies skedaddle at a glacial pace. But I remind you they are every in fact morning and piteous towards very great markets.

    I would besides relish to note that throughout the year to-date, we've increased their sales with partners. At the halt of the final few months, we've closed 11 modern deals for their GoVerifyID product in addition to significant modern orders for Cloud ID and law enforcement products. The fact that the halt of nine months, they closed the total of 12 modern deals for GoVerify and four for Cloud ID in the biometric engine.

    For perspective view, may recall that GoVerifyID orders were zero, starting in Q1. So, progress is being made, in fact over 60% of every of their orders for the first three quarters are modern commerce deals.

    Now, I'd relish to swirl their convene over to their operator to start the question and confess session.

    Question-and-Answer Session


    Thank you. [Operator Instructions] Their first question comes from Paul Penney of Northland Security.

    Unidentified Analyst

    Good afternoon. This is Greg on for Paul. Thanks for taking my questions. First, can you provide some color on the $4.5 million in orders that you were seeing and maybe relish cadence on when that will exist recognized as revenue?

    Wayne Wetherell

    Yes, there is. Hi Greg, thanks for the question. Yes, they were obviously pleased that it was the number relish $4.5 million and that's a amenable month or a amenable quarter for order intake for us. Some of those things weren’t were mixed. They were licenses for immediate delivery, so you can recognize revenue at the time that those products are delivered. Others were longer-term government contracts where they had actually initially thought that they might observe some immediate license revenue and those in the final negotiations that the constrict got moved to a more extended development process, their delivery process I connote to say.

    So, they occupy revenue that on those moved in from the third quarter because in the case of the Canada CSA, the deal was signed late in the quarter which moved the revenue that's just exist starting to recognize in Q4. The other, where various GoVerifyID projects that they occupy out as I said in my remarks, they occupy 12 GoVerifyID deals that they occupy done. So, we're out selling the product. It moves at various stages, folks skedaddle to implement differently.

    Good sample is the Canadian financial institution I mentioned, that deal was signed a few months back but they just now green-lighted the implementation. So, the revenue expectations on their side slip because the customers' adage they occupy an agreement, in some of these cases they've even paid an promote for the licenses but the fact is they haven’t made the delivery yet because the customers not ready to accept. And that's as I said, hence my comment, every one of these is a runt bit different in the course that the customer and they occupy to navigate.

    And sometimes when a customer's not ready to grasp delivery, even though we're very ready to deliver, you can't execute anything but obviously observe to their wishes in terms of the delivery schedule. So, it's a mix of government orders from more traditional products and happily in that mix is besides a number of GoVerifyID and newer products orders as well.

    Unidentified Analyst

    Great, that's a lot of amenable color, thanks for that. Again secondarily, can you provide an update on Mexico opportunities that you're seeing given the on-deck biometrics managing?

    Jim Miller

    Yes. There is a number of activities that are ongoing currently in Mexico. You were referring for every the relaxation of their listeners to a federal law in Mexico that is mandating additional security and privacy protections and one of the ways that you can attain compliance with that law is by using technology such as biometrics.

    So, they and particularly through their partners at Fujitsu occupy a number of banks located in Mexico and opportunities in that country that were rapidly trying to derive to closure. There is a exigency for the product, negotiations are never easy, if any benign a lot of paperwork involved in dealing with institutions relish financial institutions. But there is I cerebrate some intuition for optimism that there will exist some deals there.

    A lot of the Mexican banks had available fingerprint technology that they could utilize as an initial step towards getting compliance with this law. But there were besides a handful of them, decent sized amenable banks in terms of size that had not availed themselves of that. So, that's really the opportunity there is to exist able to proffer those folks the competence to promote into compliance in time for the halt of February 2019 deadline. So, they are as I said we're burning on the trail there on prerogative in the middle of those discussions.

    Unidentified Analyst

    Got it. And then, it was magnificient to observe the addition of the sales office in Japan back in July I believe. Can you maybe give us an update on progress with Fujitsu following those relish personal changes and the addition there?

    Jim Miller

    Yes. It has been a tremendous thing to occupy representation in Japan; the gentlemen that handles that for us, a veteran Japanese, fluent Japanese speaking sales executive with a lot of savor in Asia Pacific and particularly in the Japan market. So, they not only occupy someone that has spent their careers selling in that market successfully but besides a fluent autochthonous speaker which is a tremendous help. Not just in Japan in day-to-day sales activities but as they exigency as they occupy periodically with Fujitsu executives from Japan.

    It's always very helpful to exist able to discourse in someone's autochthonous language and exist understood. So, that’s been terrific. And in fraction of his responsibility is to shepherd this global agreement that we've had under discussion with Fujitsu for some time and they continue to bear progress on that although it's been slow. Fujitsu's had a few reorganizations, they've had one very recently. So, sometimes that causes you as I said in my remarks it's a process and you just occupy to navigate it no matter how frustrating it might exist and believe me some days it is.

    But modern people promote in and they exigency to derive up the speed. That's just fraction of every of their lives, things change, they exigency to adapt. But it's I cerebrate going very well. In addition to that though, not just with in terms of Fujitsu, they are making I cerebrate really amenable progress with their modern colleague at Two-Five who they besides announced, in going into some additional opportunities with companies relish Hitachi for sample which is an existing customer of Two-Five.

    So, we're -- it's soundless a runt bit early in the process but really satisfied with the progress that we're seeing there and there are some just some really exciting opportunities as they start to skedaddle out to add companies that derive them acquainted with their abilities and capabilities in addition to Fujitsu, larger companies as well who occupy access to that market. So, pretty satisfied with actually where it is and things that -- we'll exist seeing some dividends in terms of revenues here pretty soon on that.

    Unidentified Analyst

    Yes, that's really amenable to hear. I guess one final one from me and maybe it is a runt early soundless but regarding the in the modern IBM, I connote in Canada, with these are you [going to] observe opportunity for more expansion with IBM following the recent aid that you gave in on the government constrict win?

    Jim Miller

    Yes, I do. I'm optimistic. I cerebrate they every are optimistic. The history of their involvement on the Canadian project was through another contractor. Originally, years ago when they built that system for the government, and ImageWare did build the system from scratch for the government there. The integrator was Unisys and when the government switched integrators they came to drudgery with IBM in Canada. But they had never started a project together and so when this one went to rebid, it was just a fabulous opportunity frankly for us to not only derive better acquainted with them because people occupy changed chairs over the years as you would imagine but besides a magnificient opportunity I cerebrate for us and for them to derive better acquainted with what they do.

    There's a trend I cerebrate when you're just working on one project, I cerebrate maybe that's every the other person actually can do. And I cerebrate they were able to betoken that we’ve got a pretty wide variety of products that would exist applicable in other used cases in the IBM world. So, they occupy started those conversations about ways that the companies can drudgery together and leverage each other’s strengths, IBM’s of course is considerable and, yes I do, I'm optimistic that we'll observe some results from that. There's interest on both sides. So, it's a magnificient set to start.

    Unidentified Analyst

    Okay, great, thank you.


    Our next question comes from Harvey Kohn of HRK Strategic Advisory.

    Harvey Kohn

    Hello Jim, hello Wayne.

    Jim Miller

    Hi, Harvey.

    Harvey Kohn

    Couple of my questions occupy already been answered. Just as a universal comment where you've been going on. It's pretty pellucid from the first quarter of this year that we've made tremendous progress in expanding their pipeline of every partners and actual halt users which I cerebrate something we've every would waiting for because this is the first time that these customers will act as a major base, a major reference point for expanding multiples going forward.

    So, it looks relish prerogative at the inclination point of major salesman up to that, congratulations. Having said that, I wonder if two things, I wonder if you could comment on the departure of Jason Bradley and something you could talk about.

    And secondly, I would -- if you would proceed back over, what sounds to me relish a huge opportunity, the modern ID product that you occupy --

    Jim Miller

    Okay, thank you, two amenable questions. Jason Bradley was the senior executive in Fujitsu, in the group that they worked with here in the Americas. He has decided to halt his service at Fujitsu and grasp up with a modern exciting company in the IoT space. That announcement's been made at Fujitsu. So, that's out there and that transition is now concluded.

    There is no denying that we'll miss Jason's advocacy. He was a savvy executive who was in a hasten and he was a apt visionary who believed in the future of biometrics sold as a service for authentication in both the enterprise and consumer markets. And he believed in the ImageWare approach to that as having been groundbreaking. And intellect you, he sort of inherited their portfolio. He was not the original executive who they did the deal with in the Americas.

    That said, they will miss him of course for lots of reasons but Fujitsu did not derive to exist a $45 billion $50 billion global powerhouse of the company with only one person to reckon on. And so, relish every amenable companies who occupy been in commerce for 50, 60, 70 years and prospered. There is a abysmal bench, they are in the process of piteous to a modern group whose purpose will exist to specifically sell cloud service product which they cerebrate is terrific. And we're excited by that.

    So, always tough to lose a valued colleague and a very smart guy. But life will proceed on and so were we. And I execute not cerebrate that their partnership with Fujitsu will suffer. I cerebrate that in fact they will exist now seeing the expansion of it, as they execute some things relish for sample putting in blockchain; putting their biometrics into the Fujitsu blockchain product; and a amenable safe course to what you asked secondarily and that's their modern product.

    We are as a world going through an fabulous digital transformation and so tomorrow they will advertise the modern product that will exist indeed aptly convene the digital identity transformation platform. That's a mouthful really it'll just integrate with GoVerifyID. But the gross ideas is here that we're finding that as you proceed along and you present your biometric product, people want to know before they reclaim your biometrics in the system that you're really you.

    Because cerebrate about it, if they derive the wrong person, they derive a fraudster in the system, pretending to exist someone else and therefore the biometrics proceed in, you occupy benign of poisoned the system at the derive go. So, there has a intuition in exigency to exist able to grasp precaution at the outset and by the course this is applicable for enterprise or consumer in a very stout course and that, that person against the government ID.

    And there are a yoke of products out there who occupy done similar things but this one is different because in addition to just wearing your government ID prior to entering the database, there are additional features to this product such as digital vault, which will allow you to facilitate digital transaction. So, I can symptom documents, store them in the vault, authenticate my identity biometrically for access to those documents or proof that I'm actually the person signing.

    This is a major step toward this digital revolution that's going on, that can create a secure identity and occupy that identity exist used. We've talked in the past about federated identities, the competence to exhaust that identity across multiple different tenants or vendors, this is the key first step to creating a sound identity that you can reckon on. And if I'm going to exhaust my identity in a variety of different places, then it should better exist validated embedded up front.

    And then more importantly on the other thing the product does, it allows you by the course it's compliant with GDPR which is the European privacy regulations and for those of you on the call, I cerebrate that you may probably already value that while GDPR is a European regulation, it applies to anybody doing commerce or touching any commerce that's done or transacted in the European Union countries. And so, that virtually ends up being every of us because it's a global world.

    The competence to create an identity and give the person who's identity it is actually controlled. So, there is a mechanism where you can revoke the prerogative to user digital identity and that's a stout deal by itself because I cerebrate that we've every seen their information and their identities are used without their permission course too much mostly for fraudulent purposes. So, there has been a lot of excitement around this product. Their partners at Contactable already occupy had success in their markets with it.

    We are really excited to occupy it. And as I said, I cerebrate you'll exist hearing some really amenable things about this in the next few weeks. It fills the pocket in the portfolio. It's the frontend to enrolling people in the database. So, it's magnificient to occupy it and I cerebrate when you observe it out and about we'll occupy it on the website. You could grasp a quest at how it works. It's a truly exciting product to have. And again, seamlessly integrated with the relaxation of their biometric authentication on the GoVerifyID platform. So, it's a stout step for us and I cerebrate it is going to occupy a lot of play in the marketplace.

    Harvey Kohn

    Sounds exciting, thank you.

    Jim Miller

    You bet.


    Our next question comes from Jeffrey Link of Invemed.

    Jeffrey Link

    Yes, hi.

    Jim Miller


    Jeffrey Link

    I wanted to, I don’t know if you can clarify or not. I cerebrate you said you occupy now 12 GoVerifyID deals in the works at various stages?

    Jim Miller


    Jeffrey Link

    How many of those deals are in the $4.5 million. So, you occupy 12 or four of them, eight, 10, how many are in the $4.5 million that you affirm is in the pipeline now?

    Jim Miller

    I cerebrate between in the final quarter there was one modern deal added. I believe the number was 11 through Q2, it's 12 through Q3 and they anticipate several more here in this fourth quarter.

    Jeffrey Link

    Well, I guess what I'm trying to understand is are they every fraction of the $4.5 million?

    Jim Miller

    No. the $4.5 million were the orders that were received in the third quarter.

    Jeffrey Link

    I See.

    Jim Miller

    Those are as I said to the first question that -- those are at the various mix of products, some for government products, some for GoVerifyID related products, other services and things that they do. But that was, those are every modern commerce in the third quarter.

    Jeffrey Link

    So, then the 12 deals that you occupy or the customers or the various stages -- what benign of expectation can one quest for in terms of revenue over the next 12 months from these deals?

    Jim Miller

    Well, it's a runt bit difficult to exist precise on that because what happens is that, that various different for buyers of the product grasp it on and they grasp it on to frankly tried out. So, they might exist a miniature enterprise with a yoke of 100 employees and they will grasp 20 or 40 or 50 to try it. And if they relish it they'll expand it. We've seen one instance we're here in the fourth quarter that at a prior order was supplemented by an additional order.

    So, that's just its building blocks you start and as I that's why I point out that every one of these people are different. It's modern technology, so they -- they don’t occupy a really amenable road map to declare you how it's going to roll out, what's the timeframe and how it's going to halt up. But the first step is of course is to derive them to purchase it. And then we're confident that as you exhaust the product you'll relish it and you'll add your employees and as you add your employees, you will then cerebrate about piteous it to your customers, which of course is the bigger number that we're after here. But that's the course that this thing sort of starts out.

    Jeffrey Link

    All right. I wanted to besides question if you would, since I'm a runt newer to the story. On the service now deal that's been talked about on-and-off, what exactly is the status prerogative now in terms of whether the software is ready to go, what -- where are you at in this gross process?

    Jim Miller

    We actually of course are in a secondary role, to exist honest with you. Because the product is a white label of the service now product that is sold by Fujitsu. So, it's Fujitsu that drives this process. They occupy advised us that they're in the final stages of receiving that certification and that they anticipate having every of that concluded and piteous ahead to their sales distress in this quarter. So, that's what they’ve reported to us.

    Jeffrey Link

    And when they talk about 100s of millions of potential users, can you complicated a runt bit on what that exactly means if service now is servicing a 100 accounts that is a 100s of millions of users is Fujitsu now needing to proceed and sell it to each of these accounts or is service now simply going to start to roll out the software to these accounts and automatically going to derive upgraded to the white label software that Fujitsu has, I guess I'm just trying to understand the actual process here, once I guess the certification is completed.

    Jim Miller

    Fujitsu has its own customer base. Fujitsu, lots of folks don’t appreciate, operates a lot of convene seat or a lot of uphold work. So, they occupy an existing bespeak of commerce in the uphold services arena already. The procedure is to proffer the product that would allow folks to exhaust a biometric authentication to derive directly to a aid desk professional who can bring their record up on the screen because they vetted you, they know it’s you. They can dispense with qualifying questions.

    Mother's maiden name, sociable security number, every those things they every proceed through when they convene the helpdesk and derive prerogative to why it is you called. That competence to execute that, time is money in that commerce simply reclaim and the competence to execute that saves a lot of time. And therefore saves a lot of money. And that's the value proposition.

    So, the procedure is that once the product is certified, it will then proceed out for sale to Fujitsu's existing customers. So, the confess to your question in the Fujitsu’s case now, they don’t occupy to proceed knock on doors and convene out. They already occupy a bespeak of business. So, that's the course they every -- market.

    Jeffrey Link

    And so, these customers are currently using a Fujitsu software that may already occupy the two-step process and now they would upgrade to yours?

    Jim Miller

    Well, they would upgrade to a Fujitsu product that includes ours. Yes, that's right, they're using the traditional software product that they every savor when they convene the helpdesk. That is you occupy to proceed through a list of qualifying questions before they'll confess why it is you called. So, we're cutting out that step, we're doing it giving them the assurance that it's really you that's calling, not me pretending to exist you. And that process saves as I said a amenable deal of time and money. It besides increases enhances the user experience, which is not a monstrous thing either.

    Jeffrey Link

    And if you would, how execute the service now appropriate in with Fujitsu and every these convene centers?

    Jim Miller

    Which there it is a Fujitsu has a product which is itself a private or white labeled product of a service now product. So, in the identical course that Fujitsu rebrands products relish of ours, they occupy a similar arrangement with a larger company ServiceNow.

    Jeffrey Link

    Okay. And I'm going to question you I guess a similar questioning on the Epic, win that you recently had in the incorporation of your module into the Epic system. What is -- where they add in terms of that roll out?

    Jim Miller

    Well, let me just quest clarify fraction of your question there. I would not affirm that that's so much of a win as it is a milestone. That is the integration into the Epic backend system. That's really necessary because it's really difficult in any space to proceed in and sell a separate product that operates as a standalone. And any institutional sale and even in their own homes, you've got a lot of individual applications running.

    You really relish it when they elope on one network and you only occupy one system to navigate and you don’t occupy to worry about having every these different silhouette systems that you occupy to service, understand each one of the interest is and drudgery with that. So, this puts it on a platform that not badly, is used by several 100 million people in the North American market, in the world market that they derive their health are records on.

    So, it's amenable to exist there because that makes the sale easier. They tried, believe me to sell it as a standalone and they were met with a lot of resistance because people wanted to observe it on one of the major healthcare record software systems that they employ. prerogative now, where we're at with every that is that the larger companies understand Fujitsu and Epic understand the value of a reference account. That is a higher profile company that you can point to in the sales process, where you can affirm this company uses their system.

    They occupy purchased it, they exhaust it, they relish it. And that answers a lot of questions in your sales effort. Because one of the ones you always derive is declare me where you've done this and maybe even can I convene that person. And I observe how this really works, I know how you as a sales person tells me it works. But can I occupy a third party verification of what you told me. So, that is a critical, there's no expense you can reclaim on that reference. They can declare you that from their own savor and this is it's an obvious thing.

    So, that's what they're trying to execute at this point and they're in that process. They've made a lot of progress but at this point I can report to you that they've had a success there, although they cerebrate they are closing in on some companies that will occupy will grasp it and adopt it and exist that reference account.

    Jeffrey Link

    Just a follow-up on that. execute you exigency to exist involved in that process when Epic is going out to these potentially referenceable accounts or they at this point enough understanding, enough of your software and its capabilities that you don’t exigency to continue to uphold Epic. I guess, I'm just wondering how you can remain in front of Epic to bear certain that this product is in fact constantly being marketed by the Epic people?

    Jim Miller

    Well, it's they convene that, it's a Fujitsu product. So, its Fujitsu not Epic that really leads the distress here because MedClick is their pillphone product that is white labeled by Fujitsu and therefore they lead the sales effort.

    And the confess to your questions is, prerogative now in this fairly early stages, it depends. It depends on how much technical abysmal dive company wants to derive into, in which case they will supplement their partner’s sales efforts. That's not apt in every case. So they're, as they proceed along, you erudite to you crawl and then you walk and then you can run, it's that very similar process as they derive more time with the product, they wean away from having us to exist there on every separate sales call.

    But in the early going out to exist quite honestly they sort of want to exist there. They know the product, they built it better than anyone. And rather than leave a question on the table, they would air on the side of caution and exist there to confess those questions. So, prospective customer gets the replete understanding of the product and its features set and what it does. As time goes on, less and less, so that in some of the cases for other products relish the GoVerifyID product, sales calls proceed on every the time where they are not involved.

    If they exigency to be, we're obviously there to uphold whenever they exigency to be. And then so that's pretty much how it works. So, it's just a question of getting them up to hasten and then and to your point getting regular reports on how they're doing. And to gauge what they exigency to execute or change to bear certain that that distress can exist more successful.


    This concludes the question and confess session. I would relish to swirl the conference back over to Mr. Miller for any closing remarks.

    Jim Miller

    Thank you, operator. Let me first of every thank you for your continued uphold even as progress seems to grasp forever. While it's difficult for team here at IWS as well, they remain confident because they occupy the edge of seeing what's going on out there in their market with their potential customers and because they know that they occupy the best technology addressing a huge and growing market and because they occupy significant partners who are confident that they will bring home the sales.

    I'll close now with that. I'll thank you again for your attention and your continued credit in their technology in their markets. And they very much quest forward to speaking with you on their next call. amenable afternoon, to everyone.


    This concludes today's conference call. You may disconnect your lines. Thank you, for participating and occupy a pleasant day.


    A Neglected colleague in Asia: The U.S. Should Strengthen Economic Cooperation with Taiwan | existent questions and Pass4sure dumps

    Taiwan has historically been a beacon for economic growth and economic freedom in the Asia–Pacific. However, with China’s equable climb as an economic powerhouse, Beijing’s competence to influence not just the Taiwanese, but other countries’ relationships with Taiwan, has become increasingly worrisome and a drag on the market forces that should determine Taiwan’s set in the global economy.REF Taiwan is often left out as other countries symptom modern trade agreements. In addition to this long-developing problem, companies in Taiwan now risk being caught in the middle of an escalating trade dispute between Washington and Beijing.

    The U.S. can no longer stand by, idly watching these dynamics play out. Nor can it allow Taiwan and American businesses in Taiwan to suffer unnecessary economic penalties aimed at China. Given the uncertainty of supply chains created by ongoing trade disputes, it is necessary for businesses and consumers to know that the U.S. has amenable trade and investment partners in Asia. Reinvesting in the economic relationship between the U.S. and Taiwan will defray some of China’s non-market-based influence.

    To this end, the White House should establish a modern high-level economic dialogue with Taipei that will shove past trade conflicts and other political obstacles to a more meaningful partnership that will benefit both countries.REF

    Outcast from the Trading World

    In October 2018, the Australian government reportedly backed away from talks on a free trade agreement (FTA) with Taiwan, its 14th-largest trading partner, due to pressure from Beijing—Australia’s number 1 trading partner.REF To complicate matters, Australia has had an FTA with China since 2015.REF Despite growing skepticism of Chinese influence, Australia’s recent withdrawal from an FTA with Taiwan is a reminder of Beijing’s interest in managing other countries’ relationships with Taiwan.

    Beijing’s influence reaches beyond government relations. Over the past few years, the Chinese government launched a shove of sorts to force international private businesses, including some businesses with foreign-government affiliations, to change how they picture Taiwan. Airlines, such as Delta, Air Canada, and Air India; clothing lines relish the Gap and Zara; and others companies, such as Audi and Marriot, were forced to change company documents and products to exist more in-line with Beijing’s view of Taiwan.REF In some cases, they apologized for not already conforming to Beijing’s wishes.

    Much relish Chinese policies, Beijing’s efforts are tedious moving. Taiwan is far from being completely isolated from the global economy. As a member of the World Trade Organization (WTO), Taiwan is able to grasp edge of the “most favored nation” status and lower barriers to trade among members. Taiwan can besides grasp fraction in the WTO’s dispute-settlement system, allowing Taiwan to challenge other countries’ illiberal trade practices. However, outside the WTO, as seen with Australia, countries that occupy diplomatic relations with China, except Singapore and modern Zealand, occupy been reluctant to symptom divide trade deals with Taiwan.

    Another recent sample is the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), which will soon grasp effect. The trade agreement has already been ratified by six of its 11 signatories—Australia, Canada, Japan, Mexico, modern Zealand, and Singapore. It will exist one of the world’s largest trade agreements, accounting for roughly 13.5 percent of the world’s total economy.REF While some countries are soundless trying to convince the U.S. to associate since President Trump withdrew the U.S. from the trading secrete in 2017, Taiwan has had difficulties joining on its own.REF Taiwan very much wants to associate the CPTPP.REF However, CPTPP members occupy been reluctant to uphold Taiwan’s ascension and risk angering Beijing.REF

    Ironically, many of the CPTPP members observe the deal as a amenable haphazard to counter markets where there has been government interference—such as in the industries in which China’s larger state-owned enterprises (SOEs) are heavily invested. However, a flaw of the CPTPP is its lack of a comprehensive distress to address SOE privatization and ensure unprejudiced competition between SOEs and private companies. Other analysts observe the CPTPP as a haphazard to compete with the Regional Comprehensive Economic Partnership (RCEP)—a divide trade secrete that is commonly cited as being a Chinese-led trade deal (despite it actually being ASEAN-led), and is another deal that Taiwan has runt haphazard of joining.

    As other countries in the Asia–Pacific continue to symptom modern trade deals, these lower tariffs and reductions in non-tariff barriers give them a competitive edge over countries, including WTO members, that are not a fraction of the deal and continue to maintain higher barriers. Taiwanese manufacturers are worried about the losses they countenance from the modern deals being made by regional competitors in South Korea and Japan.REF Free trade deals can besides give self-possession to cross-border investors. While these other countries economically unravel their dependence on China, Taiwan’s economy has increasingly become more contingent on China.REF

    Taiwan’s Economic Dependence on China

    Beijing is increasingly trying to win the heart—and wallets—of the Taiwanese. Over the past 15 years, Taiwan’s economy has increasingly become more contingent on trade with, and investment in, China. In 2003, China overtook the U.S. as Taiwan’s largest trading partner. Taiwan now trades twice as much a year with China than it does with the United States. Taiwan’s total trade with China was $139 billion in 2017. Trade with China now makes up almost 25 percent of every of Taiwan’s total trade.

    BG3365 Chart 1

    Taiwan, relish many other developed market economies in the Asia–Pacific region, is desperate to find modern areas of growth. For many countries, both developed and developing, that growth has increasingly been institute in China. Taiwan invests as much in China as it does in every other countries combined. Chinese investment in Taiwan has significantly increased over the past decade as well, albeit from a low base. Chinese investment in Taiwan in 2017 was above $265 million, compared to just $37 million in 2009.

    BG3365 Chart 2

    In 2010, Beijing and Taipei signed a trade deal to reduce tariff and non-tariff barriers, known as the Economic Cooperation Framework Agreement. However, Taipei questioned Beijing’s apt intent, there were concerns about the deal’s sustainability and transparency, and later because of a breakdown in contact between the two sides, besides substantial “early harvest” provisions benefiting trade in goods and a few other details, the deal never went into replete effect. A refusal by Taipei to symptom oversight legislation left the deal only partly fulfilled.

    In 2018, Beijing began a modern approach. The Taiwan Affairs Office in China’s state Council initiated a program commonly referred to as “31 measures.”REF The program is billed as a course to augment economic and cultural exchanges between “compatriots” across the straits. On the surface, these measures orbit from encouraging economic cooperation as well as sociable cohesion. Measures embrace easing investment barriers and offering benefits for the families of those who wish to drudgery in China. For example, Taiwan-funded enterprises are granted land exhaust in the identical course as mainland enterprises. Taiwanese citizens are besides eligible for various cultural awards and honors.

    But underneath the surface, it is pellucid that Beijing is offering economic incentives in order to extend Taiwan’s economic dependence, gain influence in Taipei, and secure modern technology. Xiamen, a city in Fujian province and prerogative off the shores of Taiwan’s Kinmen Island, quickly followed suit by introducing a similarly structured “60 measures” program.REF Other provinces, such as Shandong, occupy followed suit as well. Taiwan’s Executive Yuan—the executive offshoot of Taiwan’s government—wary of these efforts, responded with its own program to attract and retain Taiwanese domestic investment.REF

    Given Taiwan’s set as a leader in advanced manufacturing, such as in its production of semiconductors, it is a prime target for Beijing’s “Made in China 2025” initiative as well.REF Beijing wants to become the world’s leader in advanced manufacturing. And it wants to lead the world in 10 unique sectors, including robotics, medical devices, transportation, and information technology. It is why one of the top initiatives of Beijing’s 31 measures is encouraging Taiwanese investment to aid develop the Made in China 2025 policy.

    U.S.–Taiwan Economic Relations

    For the past 30 years, the U.S. and Taiwan occupy had a significant economic relationship through stalwart trade and investment. In 2017, the U.S. and Taiwan traded $87 billion worth of goods and services, making it America’s 12th-largest trading partner.

    BG3365 Chart 3

    Cross-border investment between the U.S. and Taiwan was more than $1 billion in 2017. Companies relish Amazon, IBM, Microsoft, and Yahoo occupy plans to invest in artificial intelligence development in Taiwan.REF But the levels of bilateral investment are not reciprocal. Taiwanese companies invest almost four times as much in the U.S. as American companies invest in Taiwan. Taiwanese investment in the U.S. was $837 million in 2017. This trend will likely continue to augment over the next few years given an announcement by Taiwanese company Foxconn to invest $10 billion in production facilities in Wisconsin.REF

    The Taiwanese are investing in more than American production. Taiwan is the third-largest Asian investor in U.S. long-term securities. Taiwanese individuals occupy purchased over $576 billion in U.S. debt.REF Taiwan is besides an increasingly significant licensor of U.S. intellectual property (IP). In 2016, U.S. companies made over $4.5 billion in IP revenue from Taiwan.

    BG3365 Chart 4

    Taiwan’s total trade and investment supports more than 322,000 American jobs, according to the Taipei Economic and Cultural Representative Office in the U.S.REF Taiwanese investment supports 107,000 American jobs and more than 215,000 jobs from U.S. exports of goods and services to Taiwan. These numbers execute not embrace the thousands of jobs that are created and supported in America by the imports of goods and services from Taiwan—adding value to U.S. manufacturing and supply chains. The value of trade with Taiwan adds more than $30 billion worth of benefit to the goods and services consumed by Americans.

    There are soundless some barriers to trade and investment between the U.S. and Taiwan. While the U.S. has a Trade and Investment Framework Agreement (TIFA) with Taiwan to hash these issues out, the U.S. has not held TIFA talks with Taiwan since 2016.

    BG3365 Chart 5

    Yet since those final consultations in 2016, Taiwan has actually become more economically free than the U.S. The U.S. has a total economic freedom score of 75.7 out of 100, as measured by The tradition Foundation’s Index of Economic Freedom. Over the past decade, the economic freedom of Taiwan has been increasing while the economic freedom in the U.S. has been decreasing. Today Taiwan has an overall score of 76.6 out of 100—placing it in the category of “mostly free.”REF Taiwan has stalwart property rights, limited government spending, and amenable commerce freedom. But it besides has decrepit labor freedom, judicial effectiveness, and financial freedom.

    Taiwan’s individual scores for trade and investment freedoms are below those of the U.S. but are soundless relatively high. Already Taiwan’s medium tariff rate of 6 percent is low compared to international standards.REF Non-agricultural tariffs medium about 4 percent while agricultural tariffs medium about 16 percent.

    The number of modern tariffs the Trump Administration has reclaim in set since 2017 constitute an assault on Americans’ freedom to trade. And Taiwan has institute itself caught in the middle of a number of trade disputes that occupy arisen. Since the climb of 2017, companies in Taiwan occupy been at risk of being subject to direct costs through the augment of tariffs on solar panels and steel. There are potential indirect costs, too, as companies respond to tariffs on Chinese imports to the U.S. Taiwan relies on a diverse global trading system, often benefiting from both U.S. innovation and Chinese manufacturing.

    Despite having to deal with the modern cost of tariffs, Taiwan has a history of making procurement trips to the U.S. under self-initiated “buy American” trips, particularly for agricultural products. Just final year, a delegation signed deals to export up to $3 billion worth of U.S. corn, soybean, wheat, and other grain.REF Taiwan plans to augment its purchases of soybeans by a third until the halt of 2019.REF While government-led procurement trips mind to occupy market-distorting effects, this meaningful signal helps American soybean farmers, who occupy besides been caught in the middle of a trade dispute between the White House and Beijing. American soybean farmers occupy lost both profit and market share in China, and Taiwanese investors occupy stepped up to uphold them.

    Establishing a U.S.–Taiwan Economic Dialogue

    Currently, the U.S. has an economic working group, a high-level economic dialogue, a free trade agreement, or intentions to enter into trade negotiations with any number of its economic partners in the Indo–Pacific, including Australia, Singapore, South Korea, and Japan. Since 1995, the TIFA has traditionally been a meeting of senior U.S. and Taiwanese government officials to contend outstanding bilateral trade issues. The talks occupy recently been held at the Deputy Secretary smooth under the auspices of the American Institute in Taiwan—the unofficial instrument of America’s relationship with Taiwan.REF

    However, the U.S.–Taiwan TIFA talks occupy a history of being postponed over specific trade disputes. When the U.S. and Taiwan execute meet next, the meeting would lack the authority to pursue larger, more comprehensive initiatives. This is why the White House needs to re-engage with Taiwan by establishing a modern high-level economic dialogue much relish the one between the U.S. and Japan that is capable of overriding political obstacles.

    A Framework. In early 2017, President Donald Trump and Japanese Prime Minister Shinzo Abe agreed to launch a modern high-level economic dialogue.REF That year, the two sides reaffirmed the significance of deepening trade and investment opportunities, and pledged to explore ways to promote trade, economic growth, and higher industrial standards in the Asia–Pacific.

    Much relish the dialogue with Japan, a U.S.–Taiwan economic dialogue would pursue mutually advantageous opportunities for economic growth and job creation. It would quest to exterminate existing tariffs and non-tariff barriers. It would besides quest modern areas in which U.S. and Taiwanese businesses occupy greater opportunities for investment.

    Taiwan shares many of the identical priorities as the U.S. and Japan, and is therefore an necessary relationship to grow. The U.S.–Taiwan economic dialogue can easily exist built with a framework similar to the U.S.–Japan dialogue.REF This includes focusing on three areas of interest: (1) a strategy for building trade and investment rules and addressing disputes; (2) cooperation on economic and structural policies; and (3) sectoral cooperation.

    There are soundless plenty of issues that exigency to exist worked out between the U.S. and Taiwan. The Office of the U.S. Trade Representative highlights its concerns over Taiwan’s handling of agricultural and farm imports in its regular report on exotic trade barriers.REF This includes addressing limits on the imports of American beef and pork. There are besides issues regarding trade and labeling requirements. Other concerns embrace barriers to financial services and investments in agricultural production, chemical manufacturing, and health care. American businesses in Taiwan occupy besides highlighted concerns over energy availability, labor requirements, and regulatory practices. Many of the issues simply highlight not just inconsistency with U.S. or international standards but a lack of transparency and equable implementation of regulatory requirements.REF

    Areas for Cooperation. The U.S.–Taiwan economic dialogue would exist wasted if it did not identify areas for cooperation. The dialogue should exist a course to betoken investors and countries alike that the U.S. supports economic appointment with Taiwan. In addition, the two countries should exist willing to collaborate in areas of development across Southeast Asia, which would exist in line with Taiwan’s modern Southbound Policy to expand cooperation in South and Southeast Asia. This includes working together to counter other countries’ unfair influence, market distortions, and illicit activities.

    One belt of cooperation is in the fostering of innovation for the digital economy. This is something that was supported by the American Institute in Taiwan and the National development Council. Every day more people across Asia connect via the Internet, using cell phones for communication and financial purchases. Soon, it will exist more than just people that are connected and communicating as countries in Asia quest to build greater networked systems. The U.S.–Taiwan economic dialogue can build on the drudgery that is already a fraction of the Digital Economy Forum—a bilateral exchange between the U.S. and Taiwan on ways to promote electronic commerce.REF This cooperation can aid set standards and norms across Southeast Asia.

    A number of countries in Asia soundless occupy restrictions on where, and how much, private companies may invest. According to the USTR trade barriers report, both the U.S. and Taiwan agreed to explore the possibility of re-establishing the Investment Working Group under the TIFA. The U.S. should drudgery toward increasing investment opportunities, such as in electronic commerce. However, there are increasing regulations in Asia that force exotic companies to invest more in building local computing facilities or require the transfer of source code. While there should exist greater cooperation with Taiwan in order to counter other countries’ unfair trading practices, including theft or unauthorized duplication of technology, the U.S. besides needs allies that can aid shove against this modern wave of digital protectionism.

    A third belt for cooperation is energy. Given both the exact for energy in Taiwan, and increased production in the U.S., there has been a significant augment in Taiwan’s purchases of crude oil and petroleum products over the past few years. Taiwan’s state-owned oil and gas company, CPC Corporation, signed a memorandum of understanding to purchase liquefied natural gas from the U.S. for the next 20 years. Again, while a purchase made by a government entity distorts markets, it shows the significance of U.S.–Taiwan trade. The U.S. should quest to expand opportunities to export energy for Taiwan’s private consumption.

    Addressing modern areas for cooperation should not necessarily grasp priority over resolving outstanding issues in the economic dialogue. According to public comments collected by the U.S. International Trade Commission in the late 1980s, “whether or not there is an FTA, the United States and Taiwan exigency a comprehensive trade framework that would hold ‘principles, targets, and dates’ for resolving trade issues.”REF A high-level economic dialogue should serve as laying the groundwork for an FTA as well—just relish the U.S. and Japan announced their upcoming trade deal after a number of economic dialogue meetings.

    Beijing will expostulate to any modern initiative between the U.S. and Taiwan, whether it is economic or political in nature. But an economic dialogue, even high-level, would plunge well within the boundaries of the U.S.’s traditional one-China policy, consisting of the three U.S.–China communiqués, the Taiwan Relations Act, and Reagan’s Six Assurances. And such a dialogue would exist a significant precursor to a U.S.–Taiwan FTA. The Taiwan Relations Act states that it is a policy of the U.S. “to preserve and promote extensive, close, and friendly commercial, cultural, and other relations between the people of the United States and the people on Taiwan.”REF As members of the WTO, both the U.S. and Taiwan are allowed to negotiate a free trade agreement.

    Steps for the U.S.

    The U.S. should pursue every opportunity to promote free-market principles in the Asia–Pacific. The U.S. cannot reasonably proceed it alone if it wants to significantly address other countries’ non-market activities. The U.S.–Taiwan economic relationship is one worth investing in to promote U.S. interests in the region. Therefore, it is necessary that the White house:

  • Establish a high-level economic dialogue between the U.S. and Taiwan. The dialogue should exist comprehensive, including not just trade issues but non-tariff and 21st-century areas for cooperation.
  • Instruct that the U.S.–Taiwan economic dialogue exist led by the U.S. Trade Representative and Secretary of Commerce, who will likely exist met by counterparts on the Taiwan side who are amenable for these issues.
  • Instruct the Deputy USTR Secretary to meet Taiwan’s Deputy Minister of Economic Affairs for the 11th round of the TIFA, in order to skedaddle forward this modern dialogue.
  • Commit the economic dialogue to meet at least once every six months. And, two years after launching the economic dialogue, advertise plans to start negotiations for a U.S.–Taiwan FTA under the guidance of the Trade Promotion Authority.
  • Commit, during FTA negotiations, to remove tariffs on steel exports from Taiwan.
  • Conclusion

    Low-level U.S.–Taiwan economic talks are often postponed because of unnecessary politics. The U.S. wants the removal of barriers to the import of beef. But Taiwan does not want to proffer something for nothing. It is time for both sides to skedaddle past ultimatums and separate issues. The modern dialogue should exist established without any preconditions other than a replete commitment to liberalize trade and investment.

    Congress has been supportive of the U.S.–Taiwan relationship, and officials in Taiwan are hopeful for a modern round of TIFA talks since the USTR Deputy Secretary position has been filled. Both the governments in Washington and Taipei should strive to build self-possession for U.S. and Taiwanese businesses, reduce uncertainty, and provide greater opportunities for trade and investment.

    —Riley Walters is Policy Analyst in the Asian Studies Center, of the Kathryn and Shelby Cullom Davis Institute for National Security and exotic Policy, at The tradition Foundation.

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