Bioscrypt Intros Software

TORONTO -- Bioscrypt Inc. (TSX: BYT), a leading provider of identity verification technology, today announced the release of the latest version of its VeriSoft Access Manager software application, designed to comply with Federal Information Processing Standard 201 (FIPS 201) Personal Identity Verification (PIV) requirements. The product will be on display at the ASIS 2006 Expo from September 25-27 at booth 4127.

Under the Homeland Security Presidential Directive 12 mandate, the PIV program uses a credential (smart card) that will contain two fingerprint templates (compliant with the ANSI/INCITS 378 fingerprint minutiae data interchange format standard) to verify and provide user authorization when accessing either a federal building or computer (physical or logical access).

Among the new features introduced to VeriSoft, to comply with PIV2 requirements, is the ability to register PIV2 cards for network authentication as well as PIV2 card integration with all VeriSoft applications and services. VeriSoft supports all of the FIPS 201 assurance levels for card authentication and provides interfaces for developers to use Bioscrypt's GSA-certified algorithm to write ANSI/INCITS 378 fingerprint templates to the card.

Further to the previously-announced listing of the ANSI/INCITS 378 fingerprint algorithm on the FIPS 201 Evaluation Program Approved Product List, Bioscrypt has now met the requirements for logical access with this release of VeriSoft. The company is also in the process of addressing the requirements for physical access by introducing a new reader to its Veri-Series line.

"We believe Bioscrypt's Door to Desktop(R) technology can help government organizations address FIPS 201 mandated biometric and card access control for both facilities and computers," said Robert L. Williams, President and CEO, Bioscrypt Inc. "With our fingerprint algorithm already qualified for use in the PIV program, our new VeriSoft application designed for PIV, and a physical access control reader being manufactured to address PIV requirements, we look forward to having the opportunity to assist the US government in its efforts to enhance security, increase efficiency, reduce identity fraud and protect personal privacy of their federal employees and contractors."

Bioscrypt Inc.