About Passfaces Passfaces is a strong authentication technology company that specializes in graphical passwords and is based in Virginia. The company was founded in 2000 to commercialize an innovated, patented technology that leverages the brain’s innate cognitive ability to recognize human faces and to establish Passfaces as the graphic password standard and universal replacement for traditional passwords. This patented, next generation, graphical authentication technology is inherently bidirectional and is totally intuitive to use. The products leverage existing password infrastructure and are easily applied across all levels of enterprise and consumer applications. The products offer business, financial services, government, social networks and OEM customers a cost effective, fully scalable and highly reliable authentication solution that supports business risk management objectives. For additional information see www.passfaces.com The Mission Establish Passfaces as the graphic password standard and universal replacement for traditional passwords. The Problem Increased attacks, new kinds of attacks, phishing and identity theft are on the rise and businesses and consumers are scared. In 2004 alone, over 10 million people suffered the results of identity theft as reported by Microsoft. With the rise of Web 2.0 and more social interaction on sites like MySpace, LinkedIn and YouTube security experts warn that we will see more identity theft, manipulated online identities and malicious coded inserted into dynamically generated web pages. Online identities are at risk. Passfaces can be used to authenticate online users by replacing passwords or serve as a second factor of authentication to strengthen existing security initiatives. In today’s online world businesses seek out new technologies that will help in executing the risk management strategies they determine to be necessary. The Solution Passfaces™ is an innovative, bidirectional authentication technology that leverages the brain’s innate cognitive ability to recognize human faces – a powerful and completely intuitive skill that is independent of age, language or education. Passfaces authenticates the person, rather than a device or piece of software and cannot be forgotten, lost or easily stolen. The technology requires no additional user hardware and utilizes the existing password infrastructure to provide a cost effective, fully scalable and highly reliable strong authentication system. Passfaces Personal can be used at home to guarantee the end user will never forget his password again. There is no technology to learn, nothing to forget, no hardware or cards to carry around. This proven technology has been adopted and embraced by high level government organizations, financial institutions and software providers. 1 Passfaces Corporation www.passfaces.com w Phone: 1.800.682.0604 Products Passfaces™ Web Access for business applications Passfaces Web Access is an application developer's kit that provides developers and system integrators everything they need to add Passfaces to customer applications. It includes a Software Developers Kit (SDK) with Server-side Java Class Package, Passfaces Library (database of faces), and the User Interface (client). It includes end user licenses based on the number of active online users. Passfaces™ for Windows for business applications Passfaces for Windows is an out-of-the-box strong authentication software that runs on a windows environment. It strengthens internal Windows domain security and access to Windows applications including: Remote email via Outlook Web Access, Applications hosted through Citrix Metaframe, Custom Web Applications, and Intranets and Extranets. Passfaces™ Personal for home use Passfaces Personal is a limited trial version of Passfaces Personal Plus. Use Picture Passwords to access your PC. Simply use pictures of friends, family and others to create your secret code for log on. Passfaces™ Personal Plus for home use Passfaces Personal Plus is a breakthrough technology that uses picture passwords to prevent others from using your PC. Rather than remembering complex passwords, you simply pick pictures of family, friends, and others to unlock your PC. Passfaces Personal Plus enables you to add increased security levels, themed backgrounds, security alarms and custom photo albums. Passface Custom Libraries for business applications All software sales come with a standard library of faces that support user deployments for the year. Some risk management strategies are enhanced by the use of custom libraries. Contact Passfaces to discuss the wide range of libraries that can be developed to fit your needs. Our libraries are optimized to maximize the security while providing a pleasant user experience. Professional Service Packages We offer professional services support to ensure your rollout is a success. Our team of security specialists is trained to provide the optimal integration path for Passfaces as part of your overall application delivery. Although help may be contracted on an hourly or daily basis, we have designed three packages to assist customers with the major tasks associated with designing, building, and going into production with Passfaces enabled systems: Getting Started with Passfaces Integration Quick Start Transitioning into Production 2 Passfaces Corporation www.passfaces.com w Phone: 1.800.682.0604 Support Agreements The following support agreements are available to customers so that they can choose the level of technical support they require to run their business: Standard Support Support Plus Premium Management Team Paul Barrett, Chief Executive Officer Paul has over 20 years leadership experience in the IT security industry in technology, product and business development. In 1984 he developed the world’s first high-speed implementation of the now ubiquitous RSA crypto-system. In 1990, he co-founded authentication token business, (Nasdaq: SMDK), which he managed and led to a successful sale in 1996. In 1998 Paul joined Visage Developments Limited – developers of the Passfaces system – which in 2000 he restructured and relocated to the USA as Real User Corporation. Paul has a BS in Electronics from Sussex University and an MS in Computation from Oxford. Andrew Ryan, Vice President of Product Development and CTO Andrew has over 15 years of technology and product development experience in the IT security industry. He is a recognized expert in user authentication, cryptographic and smart-card systems. Prior to joining Real User, he was chief technologist at Visage Developments Limited, where he was responsible for the development of the Passfaces technology and for implementation of the PassCenter Internet password management service. Andrew has a BS in Cognitive Systems from Sussex University. Stephen Morck, Vice President, Customer Operations Steve is a senior information technology manager with extensive experience in the development and growth of professional services, customer support, and educational organizations. He has expertise in personnel management, solution development/delivery, methodology development and quality management systems. Steve has held several senior leadership positions at both Sybase and Portal Software, and has played a critical role in the development and successful operation of a number of different organizations. Steve has a BA in Math from the University of Maryland and an MS in Computer Science from Johns Hopkins University. Barb Rose, Vice President of Marketing Barb has more than 10 years experience in high tech public relations and marketing. At ICSA, later known as TruSecure, the leading Internet Security provider she drove the company's public relations efforts from 1994-2000. Her efforts grew awareness of the organization through top level story placement, press and analyst tours, and by securing high level speaking opportunities for executives and through planning of successful thought leadership programs. Barb has held senior marketing and 3 Passfaces Corporation www.passfaces.com w Phone: 1.800.682.0604 public relations positions with advertising agencies and later at PestPatrol, an anti-spyware software vendor. Barb’s experience and knowledge was key to the successful growth, and later acquisition of PestPatrol. Having been successful working in start-ups, taking them to the next level, she was employed as a marketing manager for Computer Associates, Int., Inc. Barb has a BA in Communications from Bethany College. Lennie Myers, Vice President of Sales Lennie Myers has over thirty years of business experience in a wide range of industries from computer and telecommunications to reverse supply chain logistics. Most recently Myers held the position of CMO at Image Microsystems where he revamped the corporate vision, mission and marketing strategy resulting in image Microsystems being recognized as one of the top three companies in the industry. Prior to that, he held the Senior Vice President of Operations position at Optimal Telecom where his efforts resulted in $50,000,000 in phone service billings which contributed significantly to an eventual IPO. Myers has worked as an independent consultant and with a variety of both consulting and marketing firms. His executive level experience includes business ownership, operations, customer service, sales, and marketing. Myers has taken several companies to the next level by developing and implementing strategic business plans. Myers is a gifted speaker and is a member of Toastmasters International from which he has received numerous awards. John Haggard, Vice President of Business Development John is a pioneer in the design, development, and delivery of advanced state-of-the-art information security products for 65% of international corporate, government, and educational institutions for over 25 years. He has extensive experience ranging from large mainframe enterprise systems to large Internet distributed systems. He was a member of an elite team that developed and deployed the world’s first extended user authentication infrastructure for authentication beyond passwords in the mid 1980’s. John served as the ACF2 Development Manager for SKK. Inc., then as Product Owner of the Security, Control, and Audit division of CA (NYSE: CA) until 1994. Since then John, has led startup companies deploying biometrics and one time passwords servicing international financial institutions. John served as President, COO, and CTO of VASCO Data Security International (Nasdaq: VDSI), bringing that company into the market in 1994. Since 2000, he has served on the board of directors for numerous intellectual property companies in the field of advanced smart card technologies related to authentication and security. John has a BS in Computer Science, from Northern Illinois University. Contact: Barb Rose VP of Marketing Barb.rose@passfaces.com 717-440-6396 4 Passfaces Corporation www.passfaces.com w Phone: 1.800.682.0604