IDENTITECH, INC. ANNOUNCES RECORD REVENUE

MELBOURNE, FLORIDA (August 8, 2002) Identitech, Inc., an industry leader in the development of computer application software, including business automation and document management solutions, announces record revenue through the first six months of fiscal year 2002. The company’s software sales increased 30% over a similar period last year. This achievement was made possible due in part to a significant new enterprise site license agreement with Los Angeles County and the release of FYI® version 3.4.

Identitech’s other new clients secured during the most recent quarter include, Iowa Public Employees Retirement System, Baltimore Gas & Electric, Collegiate Funding Services, and WT Chen & Company, Inc.

Paul Collins, Identitech President and COO, states "Our dedication to developing innovative technologies, providing superior customer care, and employing dedicated professionals has enabled us to grow, despite current market conditions."

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