Thinking Materials Delivers VeriTouch Biometric Media Player Prototype w/1.5 MP Digital Video Camera

For Immediate Release

STOCKHOLM, Sweden - 19 January 2004

Thinking Materials has, on assignment from VeriTouch Ltd. (U.S.A.), delivered the first working prototype of iVue, a revolutionary, patented hand held audio/video player capable of biometrically encrypting and decrypting digital media content. The authorized user authenticates via a fingerprint and can then use iVue to listen to music and watch DVD-quality videos, including wireless content delivery and connectivity to existing peripheral A/V equipment.

The iVue's unique security architecture eliminates piracy and prevents illegal copies to be made of music, videos, and video games delivered wirelessly or on mini-DVD disk.

Engineers and industrial designers from Thinking Materials created the device based upon VeriTouch's unique biometric encryption technologies with two major goals in mind. iVue should look really good and it should be easy to modify with a modular design in order to follow fashion trends. It should also be easy for consumers to use and simple to understand.

"These days, the key to a successful product is the right combination of looks and function. With iVue, I believe we have created a great platform for how the next generation of media players will work, mixed with a fashion sense that is really top of the line," commented Christian Bartholdsson, CEO of Thinking Materials.

"We are grateful for the world class support of Thinking Materials AB in designing the first integrated hardware device for delivery of encrypted media content to consumers," said Gary E. Brant, CEO of VeriTouch. "With the world's first 1.5 megapixel 32X digital zoom camera onboard, combined with wireless on-demand (WOD) downloading and security to eliminate piracy and illegal file-sharing, VeriTouch is presently coordinating release of premium video and music content to iVue users worldwide upon the product release later this year.  VeriTouch is proud to leap ahead of world-class competitors like Samsung, Nokia, Ericsson, and Motorola to the marketplace with truly ground-breaking features in our video-phone/wireless media player. Within our own biometrics industry, VeriTouch continues to demonstrate its innovative strength against competitors Identix and Precise Biometrics by taking core security technologies into new consumer markets, while protecting its stunning IP portfolio with strong patents."

iVue Personal Media Player is a Trademark of VeriTouch Ltd. (U.S.A.)  ©2004 VeriTouch Ltd. (U.S.A.) All Rights Reserved

For further information, kindly contact:

Gary E. Brant, CEO

VeriTouch Ltd.
11 Phelps Place
Staten Island, NY 10301
USA

Telephone: 917.378.2525

Email:  gb@veritouch.com