Friedman Marvin I, et al. – ‘SC 13D’ on 6/26/03 re: Imageware Systems Inc – EX-7

On:  Thursday, 6/26/03, at 12:53pm ET   ·   Accession #:  936392-3-895   ·   File #:  5-61427

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General Statement of Beneficial Ownership   —   Schedule 13D
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: SC 13D      General Statement of Beneficial Ownership           HTML     78K 
 2: EX-1        Underwriting Agreement                                 7     28K 
 3: EX-2        Plan of Acquisition, Reorganization, Arrangement,     14     54K 
                          Liquidation or Succession                              
 4: EX-3        Articles of Incorporation/Organization or By-Laws     13     47K 
 5: EX-4        Instrument Defining the Rights of Security Holders    13     52K 
 6: EX-5        Opinion re: Legality                                  60    200K 
 7: EX-6        Opinion re: Discount on Capital Shares                 1      8K 
 8: EX-7        Opinion re: Liquidation Preference                     1      7K 
 9: EX-8        Opinion re: Tax Matters                               11     40K 
10: EX-9        Voting Trust Agreement                                 2±    10K 

EX-7   —   Opinion re: Liquidation Preference

EX-7
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                                                                       EXHIBIT 7

POWER OF ATTORNEY 

  KNOW ALL MEN BY THESE PRESENTS, that each person whose signature
appears below constitutes and appoints Robert W. Blanchard and/or Joseph C.     
Alter, his attorney-in-fact, each with the power of substitution, for him, in   
any and all capacities, to sign any Form 3, Form 4, Form 5, Schedule 13d, or    
other report of beneficial ownership relating to the securities of ImageWare    
Systems, Inc., or any successor, and to file the same, with exhibits thereto and
other documents in connection therewith as needed, with the Securities and      
Exchange Commission, hereby ratifying and conforming all that each the attorney 
in-fact, or his substitute may do or cause to be done by virtue hereof.         

SIGNATURE                                            DATE                       

L.F. Global Investments, LLC                         June 12, 2003              

By:  ___________________________________                                        
Marvin Friedman                                               

L.F. Global Holdings, LLC                            June 12, 2003              

_________________________________________                                       
By:      Marvin Friedman                                                        

_______________________________________              June 12, 2003              
Marvin Friedman                                               

_______________________________________              June 12, 2003              
Milton Lohr                                                   

Dates Referenced Herein

This ‘SC 13D’ Filing		Date		Other Filings
Filed on:		6/26/03		None on these Dates
		6/12/03
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