SAN DIEGO, July 21 - /CNW-PRN/ - ID Four Ltd. (OTC:IDFR) announced today it
is has finalized the details for the acquisition of TLCO Software, Inc., an
established Software Developer/Publisher based in San Diego, California, in a
proposed transaction consisting of cash and stock options.
    In accordance with the agreement, the date of finalization for the
transfer of all documents between ID Four Ltd. and TLCO Software Inc. shall be
no later than August 31, 2000.  In return for the purchase of TLCO Software
Inc., ID Four Ltd. will receive assets to include the Name, Trademarks,
Inventory, Receivables, Purchase Orders, Contracts, Proprietary Codes, Object
Codes, Fixtures, Fittings, Vehicles and Exclusive Manufacturing and
Distribution Licenses.
    On closing, TLCO's President Mr. C.J. D'Angelo and Mr. Carl Linhardt of
Bing Software will assume seats on the board of Directors of ID Four Ltd.  As
announced on June 14, 2000, ID Four Ltd.'s acquisition of Bing Software Inc.
of Orange County, CA, is to close August 1, 2000.
    Revenues expected from TLCO Software and Bing Software's established E
commerce and Technology based OEM markets and Retail Channel now servicing
both PC and Mac platforms, will expedite ID Four's upcoming plans to launch
its new Orange County office and Development center in early September 2000 as
the acquisition includes, Proprietary Authoring & Imaging Code, Exclusive
Licenses for both Technology and Products, Inventory, Equipment, Client
Database, and Accounts receivables.
 
    About TLCO Software Inc.
    Founded in 1996, TLCO Software, Inc. is privately held corporation and a
leading California based software Developer and Publisher whose retail product
line includes 29 Titles, Including(TM), State of the Art Voice Telephony,
Website Submission, Utilities, Internet, Database, Financial, Graphics and
Entertainment Programs.
    TLCO's experience in Proprietary Software Development and Marketing opens
many opportunities for ID Four Ltd., with the addition of, OEM Licensing, B2B
and E commerce sectors of it's organization.
    TLCO's retail product line is currently available through mainline
distributor, Navarre Corporation (www.navarre.com) of New Hope, MN, and the
products can be purchased in the larger chain stores such as: Comp USA, Fry's,
Best Buy, Micro-center, Staples, Office Max, Electronic Boutique, Hastings,
Virgin Mega-Stores and more.
 
    The Board of Directors, ID Four Ltd.
 
    ``Safe Harbor'' statement under the Private Securities Litigation Reform
Act of 1995: This release contains forward looking statements that are subject
to risks and uncertainties, including, but not limited to, the impact of
competitive products and pricing, product demand and market acceptance, new
product development, reliance on key strategic alliances, availability of raw
materials, the regulatory environment, fluctuations in operating results and
other risks detailed from time to time in the Company's press releases.
 
SOURCE  ID Four Ltd.
    -0-                        7/21/2000
    /CONTACT: ID Four Ltd., Tel: 858-456-3524, Info@idfour.com/
    (IDFR)