Active RFID Provider IDENTEC SOLUTIONS Wins Prestigious Red Herring European 100 Award

IDENTEC SOLUTIONS, the global leader in wireless tracking and
tracing solutions that include award-winning intelligent long-range
active RFID technology (ILR), has won one of the Red Herring Europe
100 Awards, which was presented at the Venture Market Europe (VME)
conference in Cannes, France on March 25-27. IDENTEC SOLUTIONS was
selected for providing innovative, leading edge solutions to its
customers and was the only RFID company honored in this year's
selection.

In selecting this year's winners, the Red Herring editorial board
diligently surveyed the entrepreneurial landscape throughout Europe,
the Middle East and Africa, and identified 100 companies that are
leading the next wave of innovation. Companies were evaluated on
business models, profitability forecasts, management, technological
advancement, and ability to make a lasting impact in the marketplace
and throughout industries.

IDENTEC SOLUTIONS provides highly reliable wireless solutions for
customers, either directly or through one of its many world-class
solutions partners. IDENTEC SOLUTIONS' patented technology equips
companies to read information at long distances with a sophisticated
tag and reader system. This system enables customers and partners
across multiple industries to solve business problems by increasing
productivity, lowering overall costs and streamlining assets.

"I am proud that our Austrian-based technology company is thriving
in the global active RFID industry," said Gerhard Schedler, chief
executive officer of IDENTEC SOLUTIONS. "It's important to note our
successful implementation in different industries worldwide, but it's
also an honor to receive the Red Herring European 100 award as
recognition of IDENTEC SOLUTIONS' stellar technology and hard work."

About IDENTEC SOLUTIONS

Founded in 1997, IDENTEC SOLUTIONS is the global leader in
wireless tracking and tracing solutions that include award-winning
intelligent long-range active RFID technology. IDENTEC SOLUTIONS'
patented RFID technology and products are utilized by some of the
world's largest companies to facilitate and better manage critical
processes or to help track valuable assets in a completely reliable
and secure manner. IDENTEC SOLUTIONS' Intelligent Long Range active
RFID System can identify, locate, track and communicate with assets at
a distance of up to 500 meters (1,500 feet) to deliver superior supply
chain real-time visibility in dynamic, demanding environments. IDENTEC
SOLUTIONS' expertise and experience is especially used by systems
integrators and end customers worldwide in the automotive,
transportation and logistics, and aerospace and defense industries. As
a long-time industry player, IDENTEC SOLUTIONS has provided asset
management solutions and support for a variety of organizations,
including an impressive roster of Fortune 500 clients such as
Volkswagen, Deutsche Post and General Electric and leading systems
integrators such as Intellion, Wtek, e-Plate and Softworks. The
privately-held technology company is headquartered in Lustenau,
Austria, with American headquarters in Dallas, Texas, and other
offices worldwide supporting its customers. More information is
available at http://www.identecsolutions.com.

About RED HERRING

Red Herring is a global media company uniting the world's best
high technology innovators, venture investors and business decision
makers in a variety of forums: a leading innovation magazine; an
online daily technology news service; technology newsletters, and
major events for technology leaders around the globe. Red Herring
provides an insider's access to the global innovation economy,
featuring unparalleled insights on the emerging technologies driving
the economy.