Boston Firm Wins Olympic Gold by Utilizing Its Global Resources; CIPI Awarded Bid for Official Lanyard by Athens Olympics.

BURLINGTON, Mass. -- CIPI (Comprehensive Identification Products, Inc.) announced it was successful winning and delivering the bid to manufacture 1.25 million custom-made neck lanyards for the Athens Olympics. The lanyards will be used at the Summer Olympic Games taking place in August 2004. In addition, this official lanyard will also be utilized for the Athens 2004 Paralympic Games scheduled for September.

Announcing the award, Bill Kieckhafer, CIPI President and COO, said, "Securing this large contract to supply the Summer Olympic Games truly demonstrates our unique ability to compete on the international stage. By leveraging our factories in mainland China, which offer low-cost, high-volume manufacturing, and our worldwide delivery capability, we have positioned our authorized CIPI dealers around the globe to effectively compete on large identification projects like the Summer Olympic Games."

The winning proposal was a joint effort between CIPI's Boston headquarters-based sales team led by Scott Hyde, Vice President of Sales & Marketing, their European sales office led by Charles Sieburth, Sales Development Manager, CIPI's mainland China manufacturing complex, and an authorized CIPI reseller in Athens, Greece. The CIPI team developed a unique product solution and a global delivery plan for the Athens Olympics' safety and security requirements as well as their tight delivery deadlines.

"Our collaborative efforts confirmed CIPI's ability to manage such a project and to partner with a reseller to deliver the winning combination," Kieckhafer emphasized. "Working with two separate but allied international events required additional coordination to ensure that all logistical requirements were met," he added.

The custom-produced lanyard emblazoned with "ATHENS 2004" on both sides, will feature CIPI's proprietary break-away safety clasp and will be used to hold official game credentials.

About CIPI

Headquartered in Burlington, MA, the company has business operations in Hong Kong, Boston, Amsterdam, and Los Angeles with manufacturing facilities in the U.S and China. CIPI sells through a network of authorized dealers located around the world, supported with comprehensive marketing programs and materials, training, and technical assistance.

CIPI produces, customizes or distributes a wide range of identification products and solutions including ID badging equipment, card printers, software, supplies and accessories of every type such as lanyards, badge reels, badge holders, strap clips, neck chains, and luggage tags. With more than 3500 items in stock and the capability to custom-design and manufacture products to meet specific customer requirements, the company is the acknowledged leader in its field.

For more information, contact CIPI or visit the CIPI website: www.compid.com.