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To: dkgross who wrote (90617)	8/22/2001 2:14:08 PM
From: Rocket Red	Read Replies (1) \| Respond to of 150070

Four Enters Negotiations To Merge TLCO Software and Acquire Controlling Interest in Fully Reporting Trading Shell ID Four Enters Negotiations To Merge TLCO Software and Acquire Controlling Interest in Fully Reporting Trading Shell SAN DIEGO, Aug 22, 2001 /PRNewswire via COMTEX/ -- The Board of Directors today announced ID Four Ltd. (OTC: IDFR), is in negotiations to merge its TLCO Software division with a fully reporting trading entity, of which ID Four will have controlling Interest. The deal for TLCO Software is in excess of $4M and the proceeds will belong to ID Four LTD, the Parent Company of TLCO. The agreement also includes ID Four's CEO and CFO as members of the board of the new entity in the same capacity. Due to the terms of the NDA the name of the Fully Reporting Entity cannot be released at this time, however upon signed completion of the contracts both companies will issue a detailed joint press release. Both companies are trying to finalize the deal as soon as possible. ID Four's PR spokesperson today quoted: "The completion of this Merger will benefit existing ID Four Shareholders in many ways. Further details of the revised infrastructure and projected revenues will be disclosed in future Press Releases." For further information please contact ID Four/TLCO - Public Relations, +1-858-456-3524, pr@idfour.com. "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. MAKE YOUR OPINION COUNT - Click Here tbutton.prnewswire.com SOURCE ID Four Ltd.