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Technology Stocks : Security Biometrics SBTI -- Ignore unavailable to you. Want to Upgrade?

To: pibi who wrote (48)	2/20/2001 5:22:33 PM
From: CIMA	Read Replies (1) \| Respond to of 71

Tuesday February 20, 8:30 am Eastern Time Press Release SOURCE: DSI Datotech Systems Inc. DSI Datotech Systems Inc. Posts Financial Results for Fiscal Year Ended October 31, 2000 VANCOUVER, British Columbia, Feb. 20 /CNW/ - DSI Datotech Systems Inc. (CDNX: DSI - news) Mr. Edward Pardiak, Chairman and CEO is pleased to announce the financial results for the fiscal year ended October 31, 2000. This year was marked by major milestones, including the conclusion of two key licensing agreements, the filing of a patent for the Company's proprietary input device and the conclusion of private placement financing to be used for continued development of Gesture Recognition Technology. DSI generated its first revenues of $777,200 of which 628,000 were from the signing of license-to-option agreements with Netface LLC and Security Biometrics. The Company also recorded $149,000 of investment and interest income from the investment of funds through private placements made during the fiscal year. Due to the revenues recorded in fiscal 2000, the net loss fell to just $755,000 or $0.04 per share, down from $1.1 million or $0.08 per share in 1999. With regard to financing activities, DSI issued 3,725,994 units for net proceeds of $5.0 million. The various cash inflows and outlays in 2000 provided cash resources of $4.0 million. As a result, the cash position amounted to $4.1 million as at October 31, 2000 compared with $64,000 at the same date in 1999. During fiscal 2001, DSI intends primarily to meet its commitments to Netface and Security Biometrics while continuing to develop other product applications. As at October 31, 2000 the Company had total assets of $5.3 million, including $4.1 million in current assets and $1.1 million in long-term assets. The Company's liabilities consisted of accounts payable and accrued liabilities for a total of only $213,000. The Company benefits from a solid financial position. As at October 31, 2000, working capital totalled $3.9 million and its balance sheet was free of long-term debt. "DSI acquired the means, with respect to both human and financial resources to achieve the targeted objectives for the current fiscal year," said Edward Pardiak, DSI's Chairman and Chief Executive Officer. He added, "We anticipate growing our business through the pursuit of other patents, additional license agreements for vertical markets and strategic alliances with interface software and hardware developers. I am confident the future will find DSI in a strong competitive position". DSI's mission is to revolutionize human interaction with electronic devices and machines through the application of Gesture Recognition Technology (GRT). The pivotal years ahead will see the transition of the company from a pure R&D heritage to a corporation that markets, licenses and sells GRT- enabled products and technology worldwide. ON BEHALF OF THE BOARD OF DIRECTORS OF DSI DATOTECH SYSTEMS INC. Robert Egery, President and COO Datotech ... interfacing with the future For more information about DSI Datotech Systems Inc. and its innovative 'gesture recognition technology', please call TOLL FREE 1-877-585-9109, or visit the Datotech Website: www.dato.com "The Canadian Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release". For further information Renmark Financial Communications Inc., (514) 939-3989, Fax: (514) 939-3717, www.renmarkfinancial.com Jerome Cliche: jcliche@renmarkfinancial.com Sylvain Laberge: slaberge@renmarkfinancial.com Ron Malashewski, LK&Z Advisory International Inc., (514) 521-8818, Fax: (514) 521-8838

To: pibi who wrote (48)	6/20/2001 4:50:24 PM
From: CIMA	Respond to of 71

Merger between SBTI and Netface: This from the company : Greetings all! Security Biometrics is taking an aggressive stance on accomplishing our business plan. The basic points of this plan can be seen in our Executive Summary. I urge you to either request a copy from us or to visit our web site and see it online at sigbio.com "The rung of a ladder was never meant to rest upon, but only to hold a man's foot long enough to enable him to put the other somewhat higher." -Thomas Henry Huxley If you have seen the press release of June 20, 2001 you cannot help but notice that Security Biometrics Inc. is on an upward advance in its acquisition of NetFace LLC, which will be held as a wholly owned subsidiary. See: sigbio.com With the successful completion of this initial acquisition of NetFace LLC, Security Biometrics now possesses a complete array of technology products to service the biometric universe as it specifically relates to Gesture Recognition Technology. We have now expanded our market place to include video gaming and interactive television which now permits Security Biometrics entry in to the entire world-wide market of human to machine interface. NetFace holds the option-to-license DSI Datotech's (www.dato.com) proprietary biometric interface technology for the world-wide video gaming and Internet/interactive television set-top box marketplace. DSI has produced for NetFace fully functional units of this technology and has partnered with them to aggressively market this product. With this license, which is now property of the new combined Company, comes the right of first refusal to license all DSI's existing and future technologies (excluding PC input.) NetFace was the first company to license DSI Datotech's technology for commercial application. In NetFace's case, it was for the video gaming and Internet / Interactive television set-top box market. DSI has completed functioning units for this market, and together, NetFace and DSI have begun to aggressively market this technology to these industries. Many mergers seem to lack the synergy that would justify the effort, and at first blush one would wonder about this one. One could ask, "What do video games and ATMs have in common?" However there are at least two important considerations that motivated Security Biometrics. NetFace has functional units of DSI Datotech's Gesture Recognition Technology (GRT) that can perform biometric identification with only software modifications. This fast-tracks Security Biometrics' ability to present this technology to the financial community. More importantly, NetFace has (coupled to the exercise of the license) the "right of first refusal" on the development of existing and future GRT technologies for other markets outside of PC interface. While sales of PCs seem to be stagnating, the need for man-to-machine interfaces (MMI) that are simple, natural and efficient is on the verge of a revolution. Security Biometrics wants to ensure that it is positioned to ride the crest of that opportunity. If you have any questions or if I can be of any assistance, please do not hesitate to contact me. Best regards, Robert - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - You have received this information as a result of a request to have this mailing address added to our list. Security Biometrics Inc. has no intent or interest in sharing any of your personal information with anybody. On occasion, about 1 to 2 times a month, information about Security Biometrics will be sent to this address. To update this contact information, please do not hesitate to contact us. --------------------------------------------- P. Robert Wiebe Security Biometrics Inc. www.sigbio.com (SBTI) 1410 - 1030 West Georgia St. Vancouver CANADA V6E 2Y3 604 609 7749 - Main 604 609 7715 - Telecopier 866 522 3888 - Toll Free