EXCT -- Exact Identification Corp. (fka EXCT)

[jmhollen]

June 4, 2003

Exact Identification, Corp is working through the transition of moving its corporate offices to Lake Oswego, Oregon. The company is lead by Eugene Waite, President of Exact ID. Jim Roake is involved in transitory Strategic Planning and Negotiations. Phil Wright is our VP of sales and is located in Colorado, deeming it a more geographically central location.

Biometric Access Systems has taken delivery of our Fingerprint Identity Door Lock units to distribute in the Northwest. These door lock systems are receiving enthusiastic response at trade shows and through private distributors. This door lock is a stand-alone fingerprint identity door lock, which can be installed on most doors. Unlike a conventional door lock, it uses the touch of a registered fingerprint to unlock the door instead of keys or cards, which can be stolen, lost or copied. Users also do not need to remember any passwords or PIN codes. The fingerprint identity door lock offers both security and convenience.

Orders of all our products continue to be shipped from Oregon on a regular basis.

The BOD is extremely optimistic about the future of Exact ID and the research and development of the LiveScan, a 10 digit reader. The primary thrust of Exact ID is in developing the LiveScan unit. To accomplish our goals, we have secured a superior holographic laboratory in Minneapolis, Minnesota that is a state of the art facility, providing technical equipment and environment required for this revolutionary technology. Exact has been fortunate to secure the services of an industry recognized expert Holographer, developing, testing and implementing this new technology, which will rock the biometric industry providing extreme security and exact identity of individuals. This cutting edge technology should drive Exact ID to the forefront of the biometric industry in the near future.


Sue Roake
Administrative Assistant
Exact ID, Corp.
[phone]