CryptoMetrics Makes Two Senior Appointments; Robert Gionesi named President of Global Markets; David M.M. Taffet named CFO and COO.

TUCKAHOE, N.Y. -- CryptoMetrics, a leading global provider of facial recognition and fingerprint biometric solutions to the government and commercial markets, today announced the appointment of Robert Gionesi to the position of President of Global Markets, and David M. M. Taffet to the position of Chief Financial Officer and Chief Operating Officer.

Robert Barra and Michael Vitale, Co-Chief Executive Officers of CryptoMetrics, stated, "We are incredibly pleased to add two such talented individuals to the CryptoMetrics executive management team. Bob and David each bring tremendous knowledge and expertise to the company and they have already had an immediate impact. Their presence will help unify and position the combined CryptoMetrics and BioDentity organizations to capitalize on the tremendous opportunity we have in the marketplace."

Bob Gionesi joins CryptoMetrics with over 25 years of experience in the technology industry. Most recently, Bob co-founded Global Management Partners, a high-tech consulting group catering to Fortune 500 companies, and MeridianTelesis Ventures, a data center facility and management company located in Philadelphia, Pa. Prior to that, Bob helped scale Internap Network Services (IIP) from a Seattle-based Internet software start-up to an industry leading IP based communications company with annualized revenues in excess of $130m. He held the position of SVP World Wide Sales and Marketing and was an Executive Officer of the company. Prior to Internap Bob held senior sales and engineering positions at MCI communications (MCIP) and AT&T (T). Bob is a graduate of Adelphi University and Brooklyn Polytechnic University.

David Taffet brings strong operational, financial and analytical expertise to CryptoMetrics, having founded and served as Executive Manager of The Fossicker Fund, a $100 million buy-out fund. David also founded and served as Executive President of MeridianTelesis, a Philadelphia-based institutionally funded co-locations services provider. Since his sale of MeridianTelesis in January of 2004, David has served as a consultant and Board member for a New York City-based interconnect facility where he initiated and spear-headed a successful $52 million acquisition of a rival company. He also served as an interim executive for a prominent not-for profit organization where he reduced annual overhead by over $1 million and facilitated the refinancing of real estate holdings resulting in over $10 million in capital creation.

Prior to MeridianTelesis, David founded and operated his own private equity fund and boutique investment banking firm. His work experience also includes tours of duty in BT Alex. Brown's Private Client Group and with two prominent Philadelphia law firms. In 2004, David was recognized as one of Philadelphia's 40-under-40. David is a graduate of Duke University and the Virginia School of Law.

"In addition to adding Bob and David to our senior management team, we have also made several additional strategic hires, including key individuals in government and commercial sales," added Barra and Vitale. "By strengthening our team with experienced professionals we are able further establish CryptoMetrics' position as a frontrunner in the rapidly growing biometric sector."

About CryptoMetrics

Established in 2000, CryptoMetrics is a leading security solution provider, building and integrating secure trustworthy systems using the most advanced technology in cryptography and biometrics to protect computerized systems and information assets. Its wholly owned subsidiary, BioDentity, provides internationally standardized face biometric solutions to secure national borders and protect the traveling public; as well as secure physical points of access to commercial and government facilities, plants, campuses and critical infrastructure.