Daon Announces Liberty Alliance Project Membership

Daon to Contribute to the Universal Standardization of Authentication Solutions

New York, NY, September 25, 2002 - Daon, a provider of security and accountability software systems, today announced its membership of the Liberty Alliance Project, a business and technology consortium formed to develop open standards for federated network identity.

Daon's membership of the Liberty Alliance Project demonstrates a commitment to providing an enterprise security infrastructure while protecting the privacy of an organization's core audiences, specifically vendors, employees, customers and partners. This membership will enable Daon to contribute to the universal standardization of authentication solutions.

"We are excited to announce Daon's participation in the Liberty Alliance Project," said Oliver Tattan, CEO of Daon. "Daon's experience with legislative and regulatory issues allows us to contribute valuable insight as progress is made toward the development of an industry-wide interoperable standard."

In addition to its work with the Liberty Alliance Project, Daon also chairs the European Biometric Forum, an EU-sponsored organization created to develop a roadmap for the European biometrics industry over the period 2003-2010, and to develop a blueprint for an EU-wide forum for biometrics.

Daon's unique approach to enterprise security via a Biometric Trust Infrastructure delivers a robust platform that serves the full identity management lifecycle. The company's core philosophy, protecting the privacy of the individual while maintaining a high level of security, supports the Liberty Alliance's goal to enable a global network through which businesses can easily conduct private and secure transactions.

Daon's identity management solutions provide organizations in the financial services, government, pharmaceutical, and transportation industries with the technology needed to address both the infrastructure and end-user aspects of an integrated security solution, using biometrics as the validation platform. Daon's infrastructure technology, the DaonEngine, is designed to manage multiple security pain points, including fraud control, compliance, employee accountability and enterprise risk reduction, and addresses the critical need to establish a flexible and robust solution customizable for all of these sectors.

About the Liberty Alliance Project
The Liberty Alliance Project (www.projectliberty.org) is an alliance of more than 130 technology and consumer organizations formed to develop and deploy open, federated network identification specifications that support all current and emerging network devices in the digital economy. Federated identity will help drive the next generation of the Internet, offering businesses and consumers convenience and choice. Membership is open to all commercial and non-commercial organizations.

About Daon
Daon, the identity management company designs, develops and markets biometric identity management and authentication solutions. The company's flagship product DaonEngine is the most secure, scalable and high availability ( 24/7/365) biometric authentication solution in the marketplace today. Designed to address market demands for enhanced security and accountability the company offers enterprises a unique and integrated approach to biometric authentication. Daon's solutions integrate with existing security systems such as PKI, smart cards and other PIN/password based systems to provide a heightened level of security and non-repudiation, and reduced risk of fraud. DaonEngine forms the central part of a unique biometric identity management solution that manages the full biometric authentication lifecycle including capture, data management, assertion, protection and issuance. Daon partners with IBM, Tivoli, and Documentum. Daon is based in New York City, with facilities in Dublin and London. For more information, please visit www.daon.com or call Maria Di Masi, Euro RSCG Middleberg, (212) 699-2734;

Contacts:
Maria Di Masi
Euro RSCG Middleberg
(212) 699-2734

Fiona Ross
Daon
011 353 1 611 7670