February 5, 2007

News Release: Bioscrypt Bolsters IT Security Offerings in HP Business PCs

Bioscrypt\'s VeriSoft Access Manager Server offers enterprise-class manageability for HP business PC customers

Bioscrypt Inc. (TSX: BYT), a leading provider of enterprise access management solutions, today announced its VeriSoft Access Manager Server will be offered to HP business PC users to deliver centralized, enterprise-class manageability of client systems. In addition, Bioscrypt will continue to work with HP to include Credential Manager for HP ProtectTools on its business notebooks and desktops.

A proactive IT security strategy includes three pillars: the protection of user identities, the protection of IT assets and the protection of networks. Bioscrypt, together with HP, has developed a solution to address each of these pillars. To protect user identity, Bioscrypt offers multi-factor authentication including support for biometric, card, token, password and other identification methods. To protect IT assets, Bioscrypt provides support for Trusted Platform Modules, a hardware chip embedded on the motherboard that can be used to authenticate hardware devices. To protect the network, Bioscrypt provides Single Sign-On to simplify password management.

Offering enterprise-class manageability, Bioscrypt\'s VeriSoft Access Manager Server will now be recommended in HP business notebooks and desktops that include Credential Manager for HP ProtectTools. VeriSoft Access Manager Server provides customers with a back-end server that supports multi-vendor environments as well as advanced settings and options for administrator configuration. This will build on the security protection for HP commercial notebooks and desktop PCs that will continue to be provided by Credential Manager for HP ProtectTools, which is based on Bioscrypt\'s Universal Security Client software application.

\"Our relationship with HP has been central to the continued interest in our VeriSoft software, which includes products such as Universal Security Client and Access Manager. We are pleased that HP continues to recognize the value of our offering and is moving forward with the technology on a larger scale,\" said Robert L. Williams, President and CEO, Bioscrypt. \"We look forward to working with the company to promote and support the sale of this innovative technology.\"

\"Building on the success of Credential Manager, HP is pleased to be expanding our use of Bioscrypt\'s robust and flexible VeriSoft security technology,\" said Matthew Wagner, Worldwide Business Notebook Product Marketing, HP. \"Integrating Bioscrypt\'s technology helps HP execute on its goal to provide the highest level of security with the best user experience.\"

About Bioscrypt Inc.

Bioscrypt Inc. is a leader in enterprise access control, providing solutions for converged physical and logical access, enabling unified authentication from Door to Desktop(R). Bioscrypt\'s offerings simplify the task of implementing secure access to facilities, equipment and IT networks. The company develops and sells biometric embedded solutions, access control readers and identity and access management software to protect the physical and network assets of international government agencies and leading organizations in the financial services, healthcare, and manufacturing sectors. More information is available at www.bioscrypt.com.

Forward-looking (safe harbour) statement

Statements made in this news release that relate to future plans, events or performances are forward-looking statements. Any statement containing words such as \"believes\", \"plans\", \"expects\" or \"intends\" and other statements which are not historical facts contained in this release are forward-looking, and these statements involve risks and uncertainties and are based on current expectations. Consequently, actual results could differ materially from the expectations expressed in these forward-looking statements.

Bioscrypt and Door to Desktop are registered trademarks and Veri-Series and VeriSoft are trademarks of Bioscrypt Inc. All other product and company names mentioned are the property of their respective owners and are mentioned for identification purposes only.

SOURCE Bioscrypt Inc.

Laura Slater, High Road Communications, (613) 236-0909 X 317, This email address is being protected from spambots. You need JavaScript enabled to view it.; Matthew Bogart, Bioscrypt Inc., (905) 940-7771, This email address is being protected from spambots. You need JavaScript enabled to view it.

WEBSITE EMAIL