BIO-key Selected by identiMetrics, Expands Reach into Education Market.

Thursday April 8, 2004, 12:30 pm ET

Version 1.0 To Provide Biometric Fingerprint Security and Identification in Schools

MALVERN, PA--(BUSINESS WIRE)—April 8, 2004— identiMetrics is making it easier for schools to identify students entering the school, buying lunch in the cafeteria, checking out books in the library and receiving the right medication in the nurse's office. identiMetrics, Inc., a leader in the development, integration and marketing of biometric fingerprint identification solutions for schools, announced today the release of version 1.0 of identiFi ™, its biometric student security and identification product. identiFi ™ is used by schools to eliminate the need for swipe cards, PIN pads and visual student identification. identiFi ™ integrates the student's fingerprint information with the school's existing security, cafeteria, library and nurse's office software applications. It reduces school operating expenses and insures error free student identification . In addition, identiFi ™ does not store actual fingerprints, only templates of unique points that identify the fingerprint. Actual fingerprints cannot be “reconstructed” from templates.

Incorporating the experience of its founder, a former school Principal, along with other industry professionals, the product, identiFi ™, was built as a platform providing a cost-effective, simple and complete student security and identification solution using fingerprint biometrics. Quite simply, identiFi ™ uses a student's fingerprint to identify him or her. Although fingerprint biometrics traditionally has been only used in high security applications, it is now gaining acceptance in mainstream consumer use worldwide, especially as a result of September 11, 2001.

“Fingerprint biometrics presents an ideal solution to school administrators in their effort to identify and track students and provide a safer and more secure environment for students, teachers and staff,” said Raymond J. Fry, President, Chief Executive Officer and Chairman of identiMetrics. ”It is a better, faster and more cost effective solution to current methods of identification such as swipe cards and PINs and certainly a much safer alternative to visual identification solution, especially with today's considerable security concerns. Now there is no need to spend the time and expense of administering lost, mutilated, stolen or forgotten student ID cards or PINs. Students never forget their fingerprints. ”

Highlights of identiFi™ are:

About identiMetrics

identiMetrics, Inc, a privately held company headquartered in Malvern, PA, is a leader in the development, integration and marketing of biometric fingerprint identification solutions. Acknowledged as best in class, identiMetrics develops, integrates and markets security, identification, and tracking biometric hardware and software products for the education market. The products are biometric fingerprint identification replacements for swipe card readers, bar code readers and PIN pads that allow for quick and positive identification in the cafeteria, library, nurse's office and for secure entrance to schools. The goal is to provide a safe and secure environment in which all students can enjoy learning. For more information visit www.identimetrics.net.

Forward-Looking Statements: Except for historical information contained herein, the matters discussed in this news release may contain forward-looking statements that involve risks and uncertainties. The forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are not guarantees of future performance due to factors that could cause actual results to differ materially, including but not limited to, technical risks associated with new technology development, market acceptance of our product, competition and technological change.


For further information:
Please contact: Raymond J. Fry, Chief Executive Officer
610-993-9042 Voice
610-993-8463 Fax
jayfry@identimetrics.net

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