January 29, 2003

News Release: Intelli-Check Partners with Bioscrypt to Integrate Fingerprint Technology into their ID-CHECK(R) Document Verification System

Intelli-Check, Inc. (AMEX:IDN), the acknowledged leader in document and age verification systems, and Bioscrypt Inc. (TSX:BYT), a leading provider of advanced fingerprint technology, announced today that they have signed a Collaboration Agreement to integrate their respective technologies. The proposed solution will combine the enhanced security provided by Bioscrypt's leading fingerprint verification algorithm with Intelli-Check's patented ID-CHECK technology to prevent economic loss from check-cashing, credit card and various other frauds utilizing fake identification and to provide an enhanced security system for access control at airports, seaports, bus and rail terminals and other high profile infrastructure. "We are very pleased to be partnering with Bioscrypt," said Frank Mandelbaum, chairman and chief executive officer of Intelli-Check, Inc. "We believe that the enhanced security and convenience offered by the world's leading fingerprint algorithm will add another layer of unique verification criteria to help to mandate the use of ID-CHECK technology in numerous security applications, such as the proposed registered traveler and transport workers identification credential (TWIC) programs. This joint effort will position both of our companies to be prepared should the states, the military and other government issuers of IDs elect to place an additional personal identifier such as a fingerprint on their IDs."

The proposed combined solution will store the fingerprint template in a 2D bar-code where it will be read by the ID-CHECK technology to perform user authentication. The user authentication is performed seamlessly and automatically in seconds using Bioscrypt's award winning fingerprint recognition algorithm. This provides a secure link between the user and the document enhancing protection against fraud and identity theft underlying economic loss and security violations.

ID-CHECK is a programmable Identification & Verification System (IVS) that reads information encoded in magnetic stripes and barcodes (1D & 2D) of state and provincial driver licenses and authorized identification cards and military IDs. With one simple swipe or scan, ID-CHECK interprets the validity of this information to protect businesses from economic loss and fines caused by the use of fake, altered, tampered and expired ID cards. In instances where age verification is necessary, ID-CHECK also verifies that the ID shown at the time of the transaction meets the minimum age requirement for purchases of regulated products such as alcohol, tobacco and other age restricted products.

"We are very pleased to be involved with the Intelli-Check document verification process," said Pierre Donaldson, president and CEO of Bioscrypt Inc. "In this age of heightened security awareness it is imperative that documents that grant rights or privileges to an individual are actually tied to the individual using a non-invasive personal identifier such as our globally recognized fingerprint authentication technology."

In May 2002, Frost & Sullivan named Bioscrypt Inc. the global leader in the rapidly growing commercial fingerprint scanning marketplace for 2001. In September 2002, Bioscrypt dominated the field of 31 international competitors in the Fingerprint Verification Competition 2002. Bioscrypt's pattern recognition-based algorithm was the overall winner of the contest, winning 19 of 24 gold medals and 5 silver medals with its two entries. Fingerprint images for FVC2002 were captured using devices provided by Identix, Precise Biometrics and Biometrika.

About Bioscrypt Inc.

Bioscrypt Inc. is a leading provider of advanced fingerprint technology. The company's solutions combine the convenience of touch with the high security of fingerprint-based biometrics for simple and secure access to facilities, equipment and information. Under the "Bioscrypt on Board(TM)" brand, the company offers packaged products, OEM components and software licensing to leading security solution manufacturers and integrators worldwide for physical, wireless and network security applications. Among the many cutting-edge companies and partners using Bioscrypt technology are the U.S. Army, NASA, Continental Airlines, Intel, Atmel, HID Corporation, Honeywell and Northern Computers. Bioscrypt's patented technology is interoperable with leading fingerprint sensors and is both platform and operating system independent. Bioscrypt is traded on the Toronto Stock Exchange under the symbol BYT. For more information, visit the Bioscrypt Web site at www.bioscrypt.com.

About Intelli-Check, Inc.

Intelli-Check, Inc. (www.intellicheck.com) is a developer and marketer of an advanced state-of-the-art document verification system for authenticating the validity of driver licenses and ID cards used as proof of identity. Intelli-Check's multi-purpose ID-CHECK units are fully capable of increasing security and as a tool that can be used to deter terrorism at military installations, high profile buildings, airports and other sites and are also an effective tool against "identity theft," which often is supported by fake IDs and is the fastest growing crime in the U.S.

ID-CHECK units enable a user to prevent economic loss from check-cashing, credit card and various other frauds utilizing fake IDs and the ID-CHECK and IDentiScan units have the ability to determine whether purchasers of age-restricted products such as alcohol and tobacco meet minimum age requirements for their sale. ID-CHECK, with its patented technology, analyzes and displays information encoded in magnetic stripes and barcodes found on driver licenses, military identification and other forms of state and government-issued identification from more than 50 jurisdictions.

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 Inc., Bioscrypt and bioscrypt on board are trademarks of Bioscrypt Inc. All other trademarks or registered trademarks referenced herein are properties of their respective owners.

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For further information: Debra Montner, Montner and Associates,
(203) 226-9290, dmontner(at)montner.com; Bruce MacInnis, Bioscrypt Inc.,
(905) 624-7709, bruce.macinnis(at)bioscrypt.com; Frank Mandelbaum,
Intelli-Check, Inc., (516) 992-1900 ext. 511

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