News from the Wire

Pay By Touch Names Vice President of Biometrics

Monday, February 27, 2006 — 19:02:52 (EST)

SAN FRANCISCO – (February 27, 2006) – Pay By Touch, the global leader of biometric authentication, personalized marketing and payment solutions, today announced that Gary Bender has been named vice president of biometrics at Pay By Touch. In this capacity, Bender will oversee Pay By Touch’s biometric technology applications. %%N%%N“Gary’s expertise in biometric technology is a driving force in continuing Pay By Touch’s leadership position in biometric applications,” said John Rogers, founder, chairman, and CEO of Pay By Touch. “His extensive background in biometric systems helps Pay By Touch stay ahead of the curve to provide the fastest, most convenient, most secure way to pay.” %%N%%NBender brings to Pay By Touch more than 35 years of experience in technical and biometric management. A consultant in biometrics for more than 10 years prior to joining Pay By Touch, Bender was chief architect of the FBI’s newest fingerprint identification system – the largest system of its kind in the world. He also played an integral development role in every large fingerprint system deployed worldwide, including national systems developed in the UK, Canada and Saudi Arabia. Bender also spent 12 years each with TRW and Hughes, where he was a Doctoral Fellow. %%N%%N“I’ve always kept an eye on Pay By Touch for its leading position in the consumer biometric authentication industry, and I am excited to work with a company that is making biometrics such a significant part of our lives and work,” Bender said. %%N%%NBender earned a Ph.D from the University of Southern California. %%N%%NFor additional company information, or to download a high-resolution photo of Gary Bender, please visit the Pay By Touch online press kit: www.paybytouch.com/news/presskit.html. %%N%%NAbout Pay By Touch %%NPay By Touch is the global leader of biometric authentication, personalized rewards, and payment solutions. The company’s patented biometric products and services enable shoppers to conveniently and securely access personal accounts using a finger scan to identify themselves, make purchases, cash checks, and earn rewards. Pay By Touch also provides robust payment processing solutions for ACH, card-present and card-not-present debit and credit transactions. To date, Pay By Touch services over 154,000 retail clients, manages personalized rewards programs for more than 130 million opt-in consumers, and has more than 2.3 million shoppers using biometric authentication products and services at 2,000+ locations coast to coast. Founded in 2002, Pay By Touch is a privately held company headquartered in San Francisco that employs more than 500 professionals and holds more than two-dozen U.S. issued patents. For additional company information, visit www.paybytouch.com .%%N%%NSource: Company Press Release

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Source: Company press release.