ClassifEye's Secure Biometric Solution Joins the Symbian Smartphone Ecosystem

Business Wire, March 20, 2007

JERUSALEM -- ClassifEye, Ltd, a developer of fingerprint recognition and m-commerce solutions, today announced that it has joined the Symbian Platinum Program to support the growing market for Symbian smartphones by extending ClassifEye's solution to the Symbian ecosystem. ClassifEye's unique, software-only, technology leverages the on-board camera for secure authentication and non-repudiation necessary for mobile commerce and other customer verification challenges. ClassifEye's software eliminates the necessity for costly biometric hardware integration and is downloadable to existing camera smartphones.

Symbian develops and licenses Symbian OS[TM], the market leading operating system for smartphones. Symbian OS is licensed by the world's leading mobile phone manufacturers and to date, over 110 million Symbian smartphones have shipped worldwide to over 250 major network operators.

Smartphones represent the fastest growing segment within mobile, growing at 46.6% compared to mobile at 21% year on year growth Q305 to Q306 reported analyst firm IDC. With IDC's forecast of cumulative global shipments of smartphones due to pass the one billion mark by 2011, Symbian OS represents one of the biggest commercial opportunities in mobile.

"In today's large and rapidly growing market, ClassifEye will significantly contribute to the value of current advanced mobile phones and the smartphones of the future, said Rami Cohen, CEO of ClassifEye. "The open standards core of Symbian OS allows us to deliver highly secure, software-only fingerprint recognition solutions to Symbian smartphones today, while being able to easily incorporate it in the smartphones of tomorrow - across a myriad of different manufacturers and geographies".

ClassifEye's biometric solution is a highly compelling answer to the challenges of securing mobile commerce transactions and ClassifEye will be working on with Symbian to develop and market a security infrastructure that aims to drive up ARPU for mobile carriers, cut time to market of new services and applications, and provide consumers with reliable security and identity management.

"Fingerprint recognition plays an important role in enabling smartphones to be used in many different ways," said Craig Heath, Senior Product Manager, Symbian. "Making secure mobile payments, and accessing corporate networks or personal bank accounts from smartphones are becoming increasingly popular around the world, and ClassifEye's innovative, biometric developments have contributed significantly to this. The addition of ClassifEye to the Symbian Platinum Program underscores our joint vision that strong authentication technology will help lead to the future success of smartphones."

Notes to Editors

About the Symbian Platinum Program

The Symbian Platinum Program includes companies that have a technology or strategic position that is key to the success of mobile computing technology surrounding Symbian OS. As part of the program, Platinum Partners benefit from a range of commercial services, including technical support and joint marketing opportunities as well as privileged access to Symbian OS source code and a dedicated Partner Support team. For more information please see www.symbian.com/partners/platinum.html

About ClassifEye

Company Background

ClassifEye develops secure fingerprint recognition technology using cellular camera phones and enables identity management solutions for mobile markets. The company's proprietary technology eliminates the need for dedicated hardware (e.g., fingerprint sensors, USB keys and code generators), thereby reducing costs for mass market deployment. The technology enables device security and biometric identification for applications including mCommerce, mBanking, enterprise security etc.

ClassifEye was founded in December 2003 and recently secured an investment from Nobska Ventures, a US based VC. www.nobskaventures.com

For more information, visit www.classifeye.com

About Symbian Ltd

Symbian is a software licensing company that develops and licenses Symbian OS, the market-leading open operating system for advanced, data-enabled mobile phones known as smartphones.

Symbian licenses Symbian OS to the world's leading handset manufacturers and has built close co-operative business relationships with leading companies across the mobile industry. During 2006, 51.7 million Symbian smartphones were sold worldwide to over 250 major network operators, bringing the total number of Symbian smartphones shipped up to 31 December 2006 to 110 million.

Symbian has its headquarters in London, United Kingdom, with offices in the United States, England, the Middle-East (Israel) and Asia (India, P.R. China, Korea, and Japan). For more information, please visit www.symbian.com.