BioPay President Presents Biometric Trends and Technology to Industry Leaders

BioPay Participates on Panel at Wall Street Reporter's Biometric & Security Technologies Investment Forum

Herndon, VA — December 5, 2001

Tim Robinson, president and founder of biometric identification leader BioPay, will discuss biometric trends and technology with more than 100 financial leaders as part of Wall Street Reporter's Biometrics & Security Technologies Investment Forum today in New York City. Mr. Robinson will participate on a panel with two other companies, helping to address timely topics pertinent to safety and security.

The Biometrics and Security Technology Investment Forum is produced by Wall Street Reporter Magazine, and is being sponsored by The American Stock Exchange. The agenda will focus on investment opportunities in the biometrics and security industry, and will include a keynote presentation by Brian Ruttenbur, a senior analyst at Morgan Keegan, and one of Wall Street's leading experts on biometrics technologies. The conference will take place on December 5, 2001 at Le Parker Meridien Hotel in New York. A full agenda is available online at www.wallstreetreporter.com/bst.

"As a rapidly growing company, presenting to this audience is a great opportunity," said Robinson. "This forum is known for bringing knowledgeable and experienced industry leaders together to talk about pertinent issues, so we welcome the chance to discuss real world biometric technology solutions being implemented today as well as tomorrow's green field opportunities."

Mr. Robinson has more than 15 years of experience in securing financial transactions and is an expert in using electronic biometric technology to easily identify people. His company's latest technology, BioPay Check Cashing 4.0, is used nationally by merchants, retailers and banks to electronically scan a customer's finger, store a template of the finger image, and confirm check cashing or check purchasing transactions associated with that person. The company has the largest commercial electronic biometric database in the United States.

About Tim Robinson

Mr. Robinson is the president and founder of BioPay. He has extensive experience in credit card, debit card and check processing transactions. He founded CheckAGAIN, a business focused on recovering merchants' returned checks via the ACH payment network; Credit-Link, Inc., a credit card sales organization; and Merchant-Link, a technical support business for restaurant point of sale equipment. Mr. Robinson is also owner and president of ArJay Data, the largest independent processor of SCAN check authorization transactions.

About BioPay, LLC

Since 1999, BioPay has been providing smart, secure methods for processing financial transactions. Its Paycheck Secure systems help businesses substantially reduce fraud and give consumers a convenient method for cashing checks. BioPay's payment service offers merchants a low-cost form of customer payment and gives consumers a secure, fast and convenient way to pay for purchases. BioPay's patent-pending systems for merchants, banks and financial service organizations have been implemented across the nation. BioPay's value to consumers and merchants has created the nation's largest commercial electronic biometric database. For more information on BioPay and its market-leading products please visit www.biopay.com.