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Innovative Card Technologies CEO/Founder to Present at the C.E. Unterberg Towbin Emerging Growth Conference (Live Webcast Available).

LOS ANGELES -- Company's Revolutionary Credit Card Form Factor OTP DisplayCard Brings Proven Security Against Fraud to Online Banking, Brokerage and Commerce

Innovative Card Technologies (OTCBB:INVC), developer of the breakthrough one-time-password (OTP) DisplayCard for secure online transactions, announces that the company's founder and CEO, Alan Finkelstein, will make a presentation featuring the One Time Password ("OTP") DisplayCard at the C.E. Unterberg Towbin Emerging Growth Conference in New York City on Wednesday, July 12, at 11:40amEST.

The company's OTP DisplayCard, when combined with a static passcode, will satisfy the FFIEC and FDIC requirement for dual factor authentication. The OTP DisplayCard, which is in a bank transaction card credit card form factor, includes all of the technology of the existing OTP tokens in the market.

Interested parties can listen to the presentation live over the Internet via a webcast provided by C.E. Unterberg Towbin: www.wsw.com/webcast/ceut4/invc.ob/. Registration is recommended at least 15 minutes prior to commencement to allow for time to download and install any necessary audio software. The company's slide presentation that will accompany Finkelstein's presentation will also be available for viewing. The replay of the presentation and accompanying slides will be available through October 12, 2006.

About Innovative Card Technologies

Innovative Card Technologies (OTC:INVC.OB) develops breakthrough online security solutions. Its one-time-password (OTP) DisplayCard is powered by its proprietary Power Inlay Technology. This technology enables a wafer-thin chip, battery, circuit and switch to generate a dynamic OTP in a standard credit-card form factor. www.incardtech.com

This press release contains forward-looking statements. Forward-looking statements are not guarantees of future performance and are inherently subject to uncertainties and other factors which could cause actual results to differ materially from the forward-looking statement. The Innovative Card Technologies, Inc. refers interested persons to its most recent Annual Report on Form 10-KSB and its other SEC filings for a description of additional uncertainties and factors that may affect forward-looking statements.
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Publication:Business Wire
Date:Jul 10, 2006
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