Sino Security Notified of XceedID Selection by Beijing Olympic Committee

Golden, Colorado – XceedID Corporation, a leading global provider of contactless smart cards and readers, and Sino Security, a leading security equipment distributor in China, today announced that XceedID readers had recently been selected by the Bejing Olympic Committee as the security reader for the upcoming Olympic games to be held in Beijing in 2008.

XceedID offers a comprehensive product family of single technology and multi-technology card readers and also offers a complete line of smart card products. XceedID designs and manufactures high technology security products that secure corporate, government, and commercial facilities worldwide.

Sino Security is XceedID’s distribution partner in China and maintains offices in Beijing, Hong Kong, Shanghai and Shenzhen.

XceedID’s industry-leading multi-technology card readers support proximity technologies including HID® proximity, GE/CASI® ProxLite®, and AWID®. The readers simultaneously support smart card technologies including XceedID secure ISOX (secure data application areas), secure MIFARE®, MIFARE DESFire® applications, and Infineon secure my-d®. The readers also read smart card serial numbers (CSN’s only - not the secure data application areas) of HID iCLASS® and other ISO 14443 and ISO 15693 technologies (see XceedID data sheets for complete details). XceedID readers offer higher security and broader compatibility than traditional proximity and contactless smart card readers.

“Our success in introducing XceedID readers to the 2008 Beijing Olympic Committee is strong testament of XceedID’s unique technology, strong commitment to security, and outstanding product quality. We are proud to provide this long-awaited option to the Chinese market,” said Ray Lau, CEO of Sino Security Inc.

About Sino Security Inc.

Sino Security has been the pioneer in introducing US security technology into China for the last ten years, and is also the first security company within China to adopt an Internet business model. Sino Security Inc has recently received San Francisco-based angel funding to expand its e-business model. For more information, please visit www.ssi18.com.

XceedID®, XACTT™, ISOX Lite™, and ISOX™ are trademarks of XceedID Corporation. GE®, CASI® and ProxLite® are registered trademarks of General Electric Corporation. MIFARE® and DESFire® are registered trademarks of NXP Semiconductors. HID® and iCLASS® are registered trademarks of HID Corporation. my-d® is a registered trademarks of Infineon. AWID® is a registered trademark of Applied Wireless Identifications Group, Inc. All other trademarks or registered trademarks referenced herein are properties of their respective owners.