ADVISORY/Secure Biometric ID Cards to be Demonstrated at Military/Police Security Exhibition, 'Milipol 2001,' November 20-23, Paris.

News/Assignment Editors

Milipol 2001 Conference & Exhibition

ADVISORY...for Tuesday (November 20)

--(BUSINESS WIRE)

LaserCard Systems Corporation, a subsidiary of Drexler Technology Corporation (Nasdaq:DRXR), has been invited to exhibit its Security Format LaserCard(R) optical memory ID cards and state-of-the-art optical card issuance systems this week at the Milipol 2001 Conference & Exhibition (www.milipol.com) located at the Paris le Bourget Exhibition Center, November 20-23, 2001.

Milipol 2001 is an international exhibition specializing in police, civil, and military security equipment and techniques, and is a meeting point for decision-makers for public and industrial security, police/law enforcement, and civil defense. Exhibits include electronic information technologies, access control, mobility, engineering, training, services, arms, optics, airport/transport security, geographical information systems, disaster medicine, and biometric identification.

      LaserCard Systems Booth Number:   N 118

      Exhibit Dates:  9:30 a.m. - 6:00 p.m. - Tuesday, November 20
                      9:30 a.m. - 6:00 p.m. - Wednesday, November 21
                      9:30 a.m. - 6:00 p.m. - Thursday, November 22
                      9:30 a.m. - 4:00 p.m. - Friday, November 23

Visitors to Booth N 118 can receive a personalized Security Format LaserCard and see demonstrations of the following LaserCard(R) applications: biometric ID, automated border crossing, portable clinical records, and secure card personalization.

Security Format LaserCard IDs serve as the basis for "digital governance" and "homeland security" applications that rely on the utilization of secure digital identification (LaserCard optical memory cards) to facilitate or expedite the process of governing by a nation, state, region, municipality, agency, or institution. The LaserCard is used for identification and as proof that the cardholder is authorized and has been granted certain rights and privileges by the card issuer. The LaserCard's high-security features inhibit counterfeiting and data tampering and provide controlled access to the benefits granted by the card issuer. For "homeland security" applications, the emphasis is on denying unauthorized persons those rights and privileges.

Approximately 10 million LaserCard(R) optical memory cards already have been issued as U.S. government resident immigrant ID cards ("Green Cards") or U.S.-Mexico border crossing ID cards ("Laser Visas"). Also, the Italian government has selected the LaserCard Smart/Optical(TM) card (which contains both an optical memory stripe and a microchip) as the proposed e-government services card/national identification card for Italy.

LaserCard Systems Corporation (www.lasercard.com), of Mountain View, Calif., manufactures LaserCard read/write drives, develops LaserCard optical memory card systems and related software, and provides secure optical memory cards manufactured by LSC's parent company, Drexler Technology Corporation, also of Mountain View.

Forward-Looking Statements: Except for the historical information contained herein, the matters set forth in this trade show advisory, including estimates of future card shipment volumes and customer card issuance levels; statements as to current and potential customers, applications, or market segments for the Company's products; and the Company's plans, objectives, and anticipated economic performance, are forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially, including, but not limited to, the Company's ability to initiate and grow new programs utilizing the Company's card products; the unpredictability of customer demand for products, and customer issuance and release of corresponding orders; risks associated with doing business in and with foreign countries; the U.S. government's right to withhold order releases, reduce the quantities released, and extend delivery dates; and other risks detailed from time to time in the SEC reports of Drexler Technology Corporation, including its annual report on Form 10-K for the year ended March 31, 2001. These forward-looking statements speak only as of the date hereof. Drexler Technology disclaims any intention or obligation to update or revise any forward-looking statements. There is no assurance that the government of Italy will purchase cards in material quantities.