XceedID Sees Significant Growth and Plans Corporate Office Expansion

Golden, CO – April 16, 2007 - XceedID Corporation announced plans to expand into a new facility in Golden Colorado. The company plans to nearly triple its existing space to accommodate growth in its secure smart card and reader business. The company expects to move into its new facility by the end of July.

Since pioneering Multi-Technology secure card readers in 2004, XceedID has experienced extremely rapid growth with combined reader and card sales in North America and internationally. Quarterly order volume has expanded at an average growth rate exceeding 40% per quarter the past 5 quarters. During this time of significant growth XceedID has managed to become the reader of choice for several of the world’s largest corporations and numerous U.S. government agencies. XceedID products are now offered globally by industry leading manufacturers, distributors and integrators.

XceedID would like to thank its valued OEM partners, systems integrators and end customers and pledges to continue to maintain the high degree of service and performance customers have come to expect from XceedID.