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To: Thomas M. who wrote (438)	1/23/2001 8:56:25 AM
From: leigh aulper	Respond to of 447

Sensar Announces Investment in Nex2 Inc. SALT LAKE CITY, Jan. 23 /PRNewswire/ -- Sensar Corporation (Nasdaq: SCII) announced today that it has purchased a minority interest in Nex2, LLC. a specialized information service provider to the insurance and health care industries for $750,000 as part of its second round of outside financing. Nex2 is a private company based in Utah, which has developed proprietary software and systems for niche applications for delivery of pharmaceutical information. The company intends launching its products in the next couple of months and, in conjunction with this, is in negotiation with certain major industry participants both to raise additional financing and to enter into joint marketing relationships. CEO Steven Strasser stated, "Our Business Development Strategy is now firmly in place. We anticipate making an additional 2 to 3 further investments of a similar size over the next two quarters, which would complete our investment activity in the short term. We are hopeful that over the next few months that Jigami will be in a position to inform the market of progress with its technology and testing programs. In light of any developments at Jigami, Sensar will re-evaluate its investment strategy at that stage." Sensar owns a significant minority investment in Jigami Inc. Jigami is a private Delaware Corporation, which has developed unique technology allowing the transmission of high volume data applications via the wireless network. This technology is currently being tested by various companies around the world. Sensar also announced today the appointment of Andrew Bebbington to the Board of Directors and as Chief Operating Officer. Mr. Bebbington has had extensive experience in both mergers and acquisitions as well as running manufacturing and other operations.