Authentify™ Announces Authentify 3.0 with Voice Application Services

Authentify Partners with Nuance to deliver Speech Recognition Technology

CHICAGO, IL - January 14, 2002 - Authentify, Inc.™, a leading provider of automated authentication solutions, has just announced the release of Authentify 3.0, the secure voice application platform. The offering includes a new voice-based user interface, verified voice recording content, as well as PIN/Password delivery.

By adding speech recognition, the platform allows a customer’s applications to be both more secure and easier to use. Speech recognition allows users to interact with the Authentify system naturally, as if they were having a conversation. At the same time the technology insures that the content of a voice recording is what is expected.

“In addition to allowing people to navigate the system with their voice, the new platform can, for example, allow our customers to know for a fact that users are verbally consenting to terms and conditions.” Said John Zurawski Vice President of Marketing for Authentify. “We can take a recording of a person’s voice agreeing to terms of a transaction and be certain of what they said without using any of our customer’s CSR time. And it’s nearly impossible to refute a clean recording later on.”

Authentify 3.0 allows businesses to deliver PIN/passwords in real time using an out-of-band trusted network, the telephone. Organizations today may use the postal service as the out-of-band network to deliver temporary PIN/passwords, but that could take up to 14 days for a user to receive it. The Authentify solution increases security, convenience and makes the transaction more auditable while it lowers costs and drop out rates.

In addition to Authentify’s technology the company is partnered with Nuance communications of California and is using the Nuance 7 platform. Authentify plans to add a number of other Nuance capabilities over the coming months, including speaker verification and text-to-speech technology.

About Nuance
Nuance's speech recognition, voice authentication and text-to-speech software is changing the way companies interact with customers over the phone. In markets around the world, leading carriers and corporations - including British Airways, Nomura Securities, OnStar, Sprint PCS, United Parcel Service, Vodafone, and many more - use Nuance's software to reduce costs, increase customer satisfaction and retention, create new sources of revenue and improve security. Nuance's software powers a range of innovative applications including automated directory assistance, voice-activated dialing, self-service banking and voice-driven customer relationship management. The company is headquartered in Menlo Park, Calif. and has offices around the world. For more information, visit http://www.nuance.com or call 1-888-NUANCE-8.

About Authentify
Authentify, Inc. provides Internet identity management products and services that enable organizations to quickly and cost-effectively provide real-time user authentication during an Internet session. By leveraging the familiarity of telephone networks, Authentify ensures that deployment of e-Security is practical for business and easy for consumers. The company's patent-pending process seamlessly integrates into existing online processes that have been developed for e-business, secure information access and the distribution of security credentials. The Authentify solution provides a trusted, real-time mechanism for the management of digital credentials and username/password systems for employees, trading partners and customers, while also ensuring the availability of a comprehensive audit trail. Authentify is privately held and based in Chicago, Illinois. Visit Authentify on the Web at http://www.authentify.com, or call 773-243-0300.

©1999-2002 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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