American Bank Note Holographics Showcases Three Holographic Security and Anti-fraud Products At Interphex Conference and Expo.

Business Editors

PHILADELPHIA--(BUSINESS WIRE)--March 20, 2001

Cutting-Edge Holographic Technologies Protect Pharmaceutical

Packaging Against Product Fraud and Tampering

American Bank Note Holographics, Inc., (ABNH), (OTC Bulletin Board: ABHH), a world leader in the origination, production and marketing of holograms for security, authentication and design, will be showcasing HoloCap(TM), HoloSeal(TM), and HoloMold(TM), as well as other security packaging solutions, to the pharmaceutical industry at the Interphex Conference and Exhibition this week.

The 22nd Annual Interphex Conference and Exhibition, the world's leading forum within the pharmaceutical industry, will be held at the Pennsylvania Convention Center in Philadelphia from March 20 - 22, 2001. More than 850 leading pharmaceutical suppliers, ranging from drug discovery to manufacturing, will be exhibiting at Interphex.

"Product tampering and fraud is a critical issue to the pharmaceutical industry," stated Kenneth H. Traub, President and CEO of American Bank Note Holographics. "We are excited to be demonstrating our latest solutions against counterfeiting and product tampering at Interphex. Among them, HoloCap provides a secure tamper-evident cap seal for bottles and containers; HoloSeal, a Tamper-Apparent label that serves as an authentication device for manufacturer's products to deter counterfeiting; and HoloMold, which implements holograms into plastic products during production."

At Interphex, ABNH will exhibit HoloCap, HoloSeal and HoloMold to the largest and most comprehensive gathering of professionals engaged in the development, manufacture and packaging of ethical and proprietary pharmaceuticals.

-- HoloCap is ABNH's patent pending approach to sealing bottles or containers
with a higher level of security. Utilizing an induction sealing process, this
unique application provides authentication, tamper-resistance and branding. A
holographic layer becomes part of the seal itself. HoloCap addresses the
security needs of a variety of consumer packaged goods including
pharmaceuticals, food and beverages, chemicals and other industries.

-- HoloSeal combines several key security features into a single application.
HoloSeal is a pressure sensitive, Tamper-Apparent holographic security label
that features a customized tamper-apparent break pattern, black light
verification system and machine-readable embedded code. HoloSeal can be
manufactured to be transparent, to avoid covering regulatory or marketing
labels on products. The patented demetalization process adds security and
design alternatives with various levels of transparency in the hologram. For
tracking purposes, HoloSeal can be numbered or personalized to provide
accountability by region, plant or product.

-- HoloMold incorporates holography into plastic products in a time efficient
and cost effective manner. An ABNH hologram master is integrated into an
injection mold and the holographic image is formed as the plastic product is
being produced. This one-step process saves time and money for manufacturers
while adding a higher level of security and unique visual appeal to support
brand recognition.

About American Bank Note Holographics, Inc.

American Bank Note Holographics is a world leader in the origination, production, and marketing of holograms. The Company's products are used primarily for security applications such as counterfeiting protection and authentication of transaction cards, identification cards, documents of value, consumer and industrial products as well as for packaging and design applications. ABNH is headquartered in Elmsford, NY. For more information, visit www.abnh.com

ABNH Forward-Looking Statement

This news release includes forward-looking statements that involve risks and uncertainties. Although the Company believes such statements are reasonable, it can make no assurance that such statements will prove to be correct. Such statements are subject to certain factors that may cause results to differ materially from the forward-looking statements. Such factors include the risk factors discussed in the Company's filings with the Securities and Exchange Commission, including its most recent Annual Report on Form 10-K, a copy of which may be obtained from the Company without charge. The Company undertakes no obligation to publicly release results of any of these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unexpected results.

This release and prior releases are available on the ABNH Web site at www.abnh.com and the KCSA Public Relations Worldwide Web site at www.kcsa.com