John Haggard_VP of Business Development _final_2

John Haggard Joins Passfaces as VP of Business Development Seasoned Veteran in the Authentication Arena Contact: Barb Rose Passfaces Corporation Barb.rose@passfaces.com 717-440-6396 Oak Hill, Va…… June 5, 2007……… Passfaces Corporation today announced that John Haggard will join the executive team in the position of Vice President of Business Development John has an extensive background in both computer security as well as authentication related to security John brings a wealth of technology and industry expertise to the organization “The appointment of John Haggard comes at an exciting time for Passfaces Corporation The authentication market is growing at a phenomenal rate, with the need for more and more authentication products that can be easily implemented John has the ability, as well as the resources to help Passfaces take its share of the market He has already become a key asset to our organization,” said John Sancin, President and COO, Passfaces “As a founding member of the strong authentication industry, I have witnessed and promoted many technologies and techniques, all with varying degrees of success Years ago, I advised the founders that Passfaces’ had finally addressed the most vexing problem inherent with all authentication schemes – users Instead of seeing users as the problem, Passfaces correctly brings the users back into the authentication equation thus enabling users to willingly be the solution rather than the problem”, said John Haggard, VP of Business Development, Passfaces “Unlike yesterday’s computing environment, today’s world is perfectly positioned to implement graphical passwords I look forward to working with this talented team to achieve market leadership, and shareholder success, by helping our current and future partners eliminate authentication as a barrier to their businesses.” John has been 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 About Passfaces Passfaces is an information security technology company based in Virginia The Company was founded in 2000 to commercialize an innovative, patented bidirectional authentication technology that leverages the brain’s innate cognitive ability to recognize human faces Our Passfaces™ products offer business, financial services, government, healthcare and OEM customers a cost effective, fully scalable and highly reliable strong authentication solution that supports business risk management objectives and is both liked and trusted by users For additional information and to demo Passfaces technology, see: www.passfaces.com -301 Passfaces Corporation www.passfaces.com www.passfaces.com Phone: 1.800.682.0604