Authentify™ Selected Most Innovative E-Commerce Solution

Authentify|Register™ E-Commerce Security Service Eclipses Technologies from Microsoft and Persistence Software

CHICAGO - December 12, 2000 - Authentify, Inc., an emerging provider of e-commerce security software and services, announced today that its forthcoming Authentify|Register service received top honors as the most innovative e-commerce payment technology at Giga Information Group's prestigious Emerging Technology Scene Conference held last week in Scottsdale, Arizona. Authentify was invited by Giga analysts to demonstrate its yet-to-be-announced Authentify|Register service in one of the conference's five key technology areas - the "Enabling E-Commerce via Electronic Payment Systems" TechnoVista. Authentify|Register competed against technologies from well-known e-commerce players Microsoft (Nasdaq: MSFT) and Persistence Software (Nasdaq: PRSW) to take top honors.

The Emerging Technology Scene provided conference attendees a glimpse of future technologies and included discussions on eCRM applications, open enterprise security models, mobile information technology, the future of personal productivity, as well as innovations for enabling e-commerce. Andrew Bartels, a Giga Information Group vice president and research leader, along with several other Giga analysts, hosted these segments and provided commentary.

"This is an important and gratifying achievement for Authentify," said Peter Tapling, president and CEO of Authentify. "We are very excited about winning this honor from a highly respected audience of more than 250 industry executives and professionals. The industry recognition not only validates our value proposition for helping stop identity theft over the Internet, but also provides us with tremendous credibility as we prepare to launch the Authentify|Register service."

Authentify|Register is a powerful solution that enables organizations to perform real-time, two-factor user authentication during an Internet session via a standard Web browser and telephone line. This groundbreaking and easy-to-customize technology enables organizations to unlock the power and immediacy of Internet commerce by leveraging the reach and trust of the world's most widely deployed infrastructure, the telephone network. Authentify|Register helps eliminate Internet-related fraud and uses a patent-pending process that integrates seamlessly with an organization's existing security, e-commerce, and operational infrastructures. This service provides instant scalability, expedites the deployment of a secure authentication process, and provides a strong audit trail for compliance purposes.

About Authentify
Authentify, Inc. is an emerging provider of innovative e-commerce security software and services that enable organizations to quickly and cost-effectively provide real-time, two-factor user authentication during an Internet session. The Authentify solution integrates into a multitude of online processes that have been developed for e-commerce and secure information access. This patent-pending solution provides a trusted, real-time mechanism for the first-time distribution of security credentials to employees, trading partners, and customers. Authentify is privately held and based in Chicago, Illinois. Visit Authentify on the Web at http://www.authentify.com, or call 773.243.0300.

©1999-2000 Authentify, Inc. Authentify, the Authentify logo, and Authentify|Register are trademarks of Authentify, Inc. All other product names, service marks, and trademarks mentioned herein are trademarks of their respective owners.

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