e-Secure Technologies Acquires e-Systems in Hong Kong

Singapore - April 28, 2006 - e-Secure Technologies, the leading identification technology integrator and solutions provider for standard and customized secured identification solutions, announced today that it has acquired the assets and ongoing business operations of e-Systems, a leading smart-card and eID (electronic ID) technology integrator.

The purchase of the Hong Kong based operations brings complementary new products to the e-Secure Technologies portfolio, significantly enhancing its ability to pursue growth opportunities in the card market. Furthermore it is an important move to strengthen the presence of e-Secure Technologies presence in the Asia Pacific Region.

e-Secure Technologies offer identification technology and solutions for the governmental and commercial market. The core competencies include the research & development and worldwide marketing of leading edge ID-card solutions and advanced identification technology, complimented by proven authentication technologies.