SURE-SIGN INTRODUCES AN INNOVATIVE SECURITY TECHNOLOGY IN A NEW KIND OF BALLPOINT PEN

Sure-Sign Technology Corporation today announced the development of a new secure pen technology that embeds patterns into handwriting, which are as unique to the writer as their fingerprint. Looking and feeling like a standard ballpoint pen, this technology inserts evidence that your written signature is both original and authentic making it perhaps the most definitive new tool in assuring personal identification and transaction verification.

Sure-Sign Technology Corporation today announced the development of a new secure pen technology that embeds patterns into handwriting, which are as unique to the writer as their fingerprint. Looking and feeling like a standard ballpoint pen, this technology inserts evidence that your written signature is both original and authentic making it perhaps the most definitive new tool in assuring personal identification and transaction verification.

Worldwide economic losses to consumers, business, merchants, credit issuers, and the financial industry resulting from signature fraud will nearly triple to $24 billion in 2003 from $8.75 billion in 2002. Despite considerable recent effort to protect electronic signatures in on-line dealings, the vast majority of transactions still rely on simple ink and paper. Low cost high-resolution digital imagery has made counterfeiting of signatures as easy as "click and drag" or in the majority of cases, the low-tech method of tracing a signature is all it takes to effectively undermine businesses and erode profits.

The absence of any form of satisfactory signature protection technology led Sure-Sign Technology to begin its development of advanced signature security technologies that are convenient enough to use everyday. "There are several major disadvantages in current personal identification techniques used by businesses and governmental agencies" said Ann Wilimek, Sure-Signs Vice President of Technology, "not the least of which is their expense and intrusiveness". "The challenge for Sure-Sign was to create a simple technology in which a consumers daily pen-and-paper dealings actually carry secure fingerprint-like corroboration of a signers identity -- we succeeded".

Based in San Diego California, Sure-Sign Technology Corporation is a privately held security products company providing identity security and authentication. For further information on Sure-Sign Technology, visit http://www.sure-sign.com.