Detect-X, a Division of DICUT, Inc., Enters into License Agreement with the University of South Carolina Research Foundation.

Business Editors

MARIETTA, Ga.--(BUSINESS WIRE)--March 10, 2003

Agreement Gives the Company Exclusive Worldwide Rights to Innovative Security Technology; Detect-X Will Manufacture, Market, and Sell Revolutionary Security Technology That Can Rapidly Scan for and Detect the Presence of Bio-Terrorism Agents, Explosives and Narcotics

DICUT, Inc., an advanced security solutions provider, today announced the company's Detect-X division has entered into a licensing agreement with the University of South Carolina (USC) through the USC Research Foundation. The agreement gives Detect-X the exclusive worldwide rights to manufacture, market, and sell the detection technology invented and developed by Dr. Michael Myrick and other researchers at the University of South Carolina.

The patented technology will be used to create devices with the ability to unobtrusively scan objects in order to identify the presence of bacterial agents such as anthrax and biological toxins like ricin. The developing technology will also be able to identify the presence of explosives and narcotics. The detection will be accomplished through the use of portable, hand-held, and fixed asset sensors that can seamlessly add security into everyday work activities. The products, named Silencer HH(TM) and Silencer FA(TM) utilize light and the patented Multivariate Optical Element (MOE) and the patented Multivariate Optical Computer (MOC) to detect trace amounts of the adulterant materials. The technology, while simple to use, is revolutionary for the security industry.

"This technology will provide increased security at a time when the world faces heightened terror alerts and threats like never before," said Gus Saponari, president of DICUT's Detect-X division. "Imagine being able to rapidly scan objects to accurately detect the presence of bio-terrorism agents such as anthrax, and explosives and contraband narcotics. Detect-X will make that possible. Our handheld and fixed asset devices will provide a new level of unobtrusive security that seamlessly fit into everyday activities in mailrooms, sport and concert venues, convention halls, malls, warehouses, office buildings, etc. The possibilities are limitless."

"The creation of the Department of Homeland Security and the billions of dollars committed to the agency is evidence of how serious our Government is about fighting terrorism and finding new ways to protect its citizens", said Raj Kalra, chairman and CEO of DICUT, Inc. "We are confident that our partnership with USC will result in Detect-X becoming an integral part of our country's and the world's new security solutions."

"The basic research surrounding this technology has been in progress for more than 5 years," said Dr. Michael Myrick of USC. "Funding for the research came from a variety of sources including the Army Research Office, the Office of Naval Research, the Air Force Research Laboratory, and the National Science Foundation." Dr. Harris Pastides, USC interim Vice President for Research, said, "Dr. Myrick's technology represents a significant step in the war on terrorism. The license with Detect-X represents an important step in translating the basic science to a product that can be used in the war on terrorism. We are pleased to team up with Detect-X in making this revolutionary technology available in the marketplace."

About DICUT

Founded in 1994, DICUT, Inc. (OTC.BB: DCUT) is an advanced security solutions provider. DICUT provides security solutions thorough innovative technologies to both the public and private sectors. The company consists of two wholly owned subsidiaries, veriCentrix (vCx) and Detect-X (DTX). The veriCentrix division provides comprehensive solutions for an organization seeking to automate and simplify security. veriCentrix employs the Security Services Group, vServ and the Software Solutions Group, vSoft. Detect-X is dedicated to developing a new level of innovative security for today's world.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements contained herein which are not historical are forward-looking statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, including, but not limited to, certain delays beyond the company's control with respect to market acceptance of new technologies or products, delays in testing and evaluation of products, and other risks detailed from time to time in the Company's filings with the Securities and Exchange Commission.