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Cornerstone Technologies -VCC- Ltd. Identifies Security Biometrics Subsidiary 'eMedRx Inc.' as an Investment Target.


Business Editors/High-Tech Writers

VANCOUVER, British Columbia--(BUSINESS WIRE)--Feb. 25, 2003

eMedRx Received Notification From the Government of British Columbia British Columbia, province (2001 pop. 3,907,738), 366,255 sq mi (948,600 sq km), including 6,976 sq mi (18,068 sq km) of water surface, W Canada. Geography
 that it Qualifies as an Eligible Small Business ("ESB (Enterprise Services Bus) A message broker that supports Web services. See message broker, messaging middleware and Web services. ") Under the Small Business Venture Capital Act

Security Biometrics, Inc. (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
:SBTI SBTI Sigma Breakthrough Technologies, Inc.
SBTI State Bank Training Institute (Pakistan) 
), a technology and acquisition company focused on the rapidly developing field of biometrics, today announced that Cornerstone Technologies (VCC An electronics designation that refers to voltage from a power supply connected to the "collector" terminal of a bipolar transistor. In an NPN bipolar (BJT) transistor, it would be +Vcc, while in a PNP transistor, it would be -Vcc. ) Ltd. a Venture Capital Corporation has identified eMedRx Inc. as an investment target and has signed a commitment letter to provide up to CN$3,000,000 (US$1,860,000) in initial funding to the company.

"eMedRx Ltd." is developing and plans to market its electronic medical prescription A medical prescription () is an order (often in written form) by a qualified health care professional to a pharmacist or other therapist for a treatment to be provided to their patient.  to HMO's, Physicians, and Pharmacies in Canada and US.

EMedRx(TM) is an online prescription management software solution which will deliver a biometrically authenticated electronic medical prescription system for PC - PDA (Personal Digital Assistant) A handheld computer for managing contacts, appointments and tasks. It typically includes a name and address database, calendar, to-do list and note taker, which are the functions in a personal information manager (see PIM).  (Personal Digital Assistant) integration. The eMedRx(TM) product is designed to increase accuracy and efficiency in the prescription fulfillment process. One of the healthcare industry's weakest links in protecting a patient's health and security involves problems with handwritten hand·write  
tr.v. hand·wrote , hand·writ·ten , hand·writ·ing, hand·writes
To write by hand.



[Back-formation from handwritten.]

Adj. 1.
 prescriptions.

Stephen J. Henry, BSP BSP

Bromsulphalein, a dye used in the study of liver function. See also sulfobromophthalein clearance test.
, former pharmacist and the current President of eMedRx(TM), noted, "The challenges in the healthcare industry are many. Recognizing this fact, we are positioning eMedRx to become the dominant provider of safe and secure medical information transfer through our biometric signature An authentication method that uses the dynamics of a person's handwritten signature. The pen pressure and duration of the signing process, which is done with a stylus on a touch screen or digital-based pen tablet, is recorded as an algorithm that is compared against future signatures.  authentication (1) Verifying the integrity of a transmitted message. See message integrity, e-mail authentication and MAC.

(2) Verifying the identity of a user logging into a network.
 technology. eMedRx will deliver clear, legible, and virtually fraud proof prescriptions, which will eliminate many deaths and injuries currently plaguing the healthcare industry. Another valuable benefit will come from significant time saving and efficiencies, which will be realized, by doctors, pharmacists, patients and insurance providers alike. While others pursue e-strategies that require long-term infrastructure enhancements, or large and costly proprietary systems, eMedRx offers healthcare providers an immediate and scalable solution today.

Kenneth P. Barr, Chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of the parent company Security Biometrics, and Chairman and CEO of eMedRx, also added" We are optimistic that there are considerable opportunities for increasing shareholder value by quickly penetrating our chosen market. In addition, I am are pleased to announce the creation of our board of directors comprising the following notable individuals; Dr. Martin Gleave, MD, FRCSC FRCSC Fellow of the Royal College of Surgeons of Canada , FACS FACS Fellow of the American College of Surgeons.

FACS
abbr.
Fellow of the American College of Surgeons



FACS

fluorescence-activated cell sorter.
; The Honorable Senator David Angus Q.C.; The Honorable Senator Gerry St Germaine P.C.; Kenneth P. Barr; Stephen J. Henry; and Robert Solomon."

Steve Cozine, Managing Director of Cornerstone, said, "We are very pleased to have to be investing in eMedRx and we look forward to participation in the financial growth of this BC based technology as eMedRx moves to pilot testing and the full launch of this promising technology.

About Cornerstone

By investing in Cornerstone, (www.cornerstonevcc.com) an investor will receive a 30% tax credit from the Government of British Columbia. The investment tax credit will applied to your income taxes payable, and if the credit is more than taxes payable you will receive a cheque for the remaining credit. An individual can invest up to $200,000 per year and receive a full 30% investment tax credit to a maximum of $60,000 per year; any unused credit above the $60,000 can be carried over to subsequent years. For information on the Program under which Cornerstone is administered, please go to Small Business Venture Capital Act. In addition to the 30% tax credit, Cornerstone shares are RRSP See Registered Retirement Savings Plan.

RRSP

See registered retirement savings plan (RRSP).
 eligible. By taking into account the 30% investment tax credit and the RRSP contribution, an investor can lower his or her capital at risk. For example, a $10,000 investment in Cornerstone will create a $3,000 BC tax Credit and up to a $4,500 RRSP tax credit, for a return on your Cornerstone investment of $7,500 when you file your income tax return. Individuals who are not residents of BC can also invest in Cornerstone under their RRSP plan.

Corporations, which invest in Cornerstone, can receive a tax credit without limitation; however, corporations are not eligible to receive cash refunds.

About Security Biometrics

Security Biometrics Inc. (OTC-BB: SBTI) develops, markets and distributes biometric signature authentication solutions powered by PenFlow(TM), a system based on proprietary patents in which signatures are validated in a quick, non-invasive accurate manner.

Wholly-owned subsidiaries include: eMedRx (http://www.emedrx.net/) (Electronic Medical Prescriptions), an integrated PC - PDA (Personal Digital Assistant) online prescription management service provider; Lightec Communications (www.lightec.cc), a leading provider of high quality telecommunications design, installation and information technology services; Datadesk Technologies (http://www.datadesktech.com/), which designs input devices and has developed a variety of high quality computer keyboards with proprietary technology; and UltraHome Solutions (http://www.ultrahomesolutions.com/), which offers a standardized, flexible and future-proof network system for the residential home market. For more information on Security Biometrics, visit http://www.sigbio.com/.

Except for any historic information contained herein, the matters discussed in this press release contain forward-looking statements that involve risks and uncertainties, which are subject to section 27A of the Securities Act of 1933 and section 21E of the Exchange Act of 1934, and are subject to safe harbor Safe Harbor

1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated.

2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive.
 created by these sections. Any statements that express or involve discussions with respect to predictions, beliefs, plans, projections, objectives, goals, assumptions of future events or performances are not statements of historical fact and may be "forward looking statements". Forward looking statements in this release may be identified through the use of such words as "expects", "anticipates", "estimates", "believes", or statements indicating certain actions "may", "could", or "might" occur. Actual results, performance or achievements could differ materially form those anticipated in such forward-looking statements, which involve numerous risks and uncertainties, including the Company's ability to market its products and services in a competitive environment as well as other factors set forth in the Company's filings with the Securities and Exchange Commission.
COPYRIGHT 2003 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2003, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Feb 25, 2003
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