FOR IMMEDIATE RELEASE

 
VeriTouch Announces David McNab to Join Company, New Secure P2P Network to Be Released

Data Encryption and Secure Messaging Visionary Appointed as New Chief Technology Architect

NEW YORK/AUCKLAND, NEW ZEALAND -- February 5, 2005  VeriTouch Ltd. announced today that world-renowned technologist David McNab of Auckland, New Zealand, has joined VeriTouch as its Chief Technology Architect.  Mr. McNab, inventor of Freemail, the first encrypted messaging system for Freenet, and the encrypted instant messaging client PSST, is a world expert in the implementation of web-based systems to protect the anonymity and security of individuals and data, and will support the delivery of VeriTouch's new solutions for the secure transfer of valuable entertainment properties during production and pre-release.

In a tandem announcement, VeriTouch is scheduled to release vNET®, the world's first biometrically-encrypted and accessed P2P network incorporating VeriTouch's patent-pending Personal Encryption®.  vNET will offer music, film, video and video game production companies, artists and executives VeriTouch's advanced biometric encryption and user authentication for the transfer of music, video and video game properties during production and in pre-release stages to prevent piracy.  vNET will also include the world's first biometric watermark technology, bioMARK®, which embeds biometric forensic information into files secured and exchanged over the P2P network.

In an official statement, CEO Gary E. Brant commented, "We are very excited to have David joining our company as VeriTouch introduces a comprehensive anti-piracy P2P network and related tools for our clients in the music recording, film and video production, and video gaming industries.  His world-class expertise in designing solutions for data encryption, user authentication and secure transfer of information over next-generation networks will accelerate VeriTouch's leadership in providing a robust and secure world-wide P2P network to the entertainment industry going forward."

David McNab stated on his new role at VeriTouch, "I have worked on both sides of the fence, and well understand the needs of both media consumers and producers.  Our ongoing cultural and technological advancement, for the good of all, depends - absolutely - on a sane and practical balance between the rights of media consumers and the rights of media producers and marketers."

"If piracy continues unchecked, then the financial incentive for creating high-end material is destroyed, which is a loss for humanity. But if the Big Media oligopoly asserts too much control over the flow of media, at the expense of consumers and independent producers, humanity also loses.  'Digital Rights Management' - or as less affectionately termed in the field, 'Digital Repression Management' - has proven to be an expensive and counter-productive arms race which ultimately serves no one, and as a technology, is now obsolete."

"At VeriTouch, we are creating whole new paradigms of content management technology, which will empower and liberate consumers, independent producers and large scale producers alike, and preserve and protect this all-important balance."

For more information, kindly contact directly:

Gary E. Brant, CEO
VeriTouch Ltd. - New York
Mobile: (917) 378-2525
Email: gb@veritouch.com