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To: Bucky Katt who wrote (3022)	7/24/2000 8:27:24 PM
From: M. Walton	Read Replies (1) \| Respond to of 48461

Maybe this will help the situation a bit... Datakey, Inc. Announces Second Quarter Results MINNEAPOLIS, July 24 /PRNewswire/ -- Datakey, Inc. (Nasdaq: DKEY) today reported results for the second quarter ended July 1, 2000. Revenue for the second quarter of 2000 was $1,837,000, up 59% from $1,154,000 for the same period last year. Net loss for the quarter was $725,000 or $.09 per share compared to a net loss of $907,000 or $.29 per share, in the year-earlier period. Revenue for the six month period increased by 44% to $3,610,000 from $2,514,000 in the year earlier period. Net loss decreased to $1,433,000, or $.19 per share, versus $1,634,000, or $.53 per share, in the prior year. "The second quarter was a record quarter for our Information Security Solutions (ISS) business unit," said Carl P. Boecher, president & CEO of Datakey, Inc.. "Over $1,500,000 in new orders were placed in the second quarter, and ISS second quarter revenue increased by over 800% over the second quarter of 1999 to $940,000. ISS added 41 new customers in the second quarter versus 17 in the second quarter of 1999. Since our first product was introduced in late 1997, our user list has grown to 650 enterprises, and we have sold almost 270,000 seats." Additional highlights for the second quarter: -- Our first overseas office was opened in Frankfurt, Germany -- We announced our PKI smart cards support Identrus requirements -- We announced we are a member of three of five winning teams for the GSA's Smart Access Common ID program -- We teamed with Phaos Technology to deliver smart card based security ' for Java applications Datakey, Inc. is an international supplier of electronic products and services. The Company provides product, system and subsystem solutions to record, store, and transmit electronic information. Datakey provides products and systems directed to the information security market which enable user identification and authentication, secure data exchange, and information validation. It also provides OEM products, consisting of proprietary memory keys, cards, and other custom-shaped tokens, that serve as a convenient way to carry electronic information and are packaged to survive in portable environments. Shares of Datakey's common stock are traded on Nasdaq under the symbol DKEY. Web address is datakey.com . Datakey press releases are available by fax through Company News On-Call at 800-758-5804, ext. 231950, or at prnewswire.com