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Nucleus Research Issues Report on M-Tech

Analyst Report Highlights ROI Benefits of Identity Management Solutions

Calgary, AB - May 20, 2003 - M-Tech Information Technology, Inc., the leading provider of identity management solutions, today announced the availability of an independent, third party research report by Nucleus Research on M-Tech's solutions. The report provides an overview of how M-Tech's identity management solutions, P-Synch and ID-Synch, are cost-effective and deliver a rapid return on investment.

"Executives often overlook opportunities to increase IT staff efficiency," said Kyle Johnson, Nucleus Research analyst. "And that's a mistake. M-Tech's solutions are just the sort of technology that we encourage our clients to look for - these are low-cost, fast-deploying solutions that address well-defined problems and can deliver positive ROI within a short timeframe."

M-Tech's identity management solutions include P-Synch, the industry's most complete password management solution, and ID-Synch, the industry's most flexible access management solution.

P-Synch enables organizations to manage passwords more effectively and efficiently through password synchronization, self-service password reset and helpdesk password reset. With ID-Synch, organizations can create a single ID and profile for users that is deployed across multiple applications versus creating IDs on each system separately. ID-Synch expedites account creation, makes account management over the user's lifecycle more efficient, and ensures timely and reliable access termination.

According to the Nucleus Research report, "Organizations looking to reduce costs in IT administration and help desk groups may find what they're seeking in P-Synch and ID-Synch."

"M-Tech continually strives to provide customers with identity management solutions, delivering real business benefits and rapid ROI," said Gideon Shoham, M-Tech's CEO. "We are pleased to be the focus of the report issued by Nucleus Research as it is further testimony to our solutions' ability to deliver savings and enhanced security to enterprise organizations."

About M-Tech Information Technology, Inc.

M-Tech is a leading provider of identity management solutions. M-Tech's solutions streamline both password and access management processes, giving organizations a quick ROI and improved security. M-Tech's product suite has a wide range of licensed users ranging from mid-sized companies to global enterprise installations with hundreds of thousands of users. M-Tech is the only identity management software vendor to consistently prove an ROI in three to six months.

M-Tech's customers include Avon, Bank of America, Bristol-Myers Squibb, Cisco, eBay, Ford Motor Company, Intel, Kimberly-Clark Corporation, Merck MetLife, NCR Corporation, Pfizer, Pitney Bowes, Sears, Shell, Symantec, Wells Fargo and many more.. For more information on M-Tech and its products, please visit call 1.403.233.0740.

M-Tech Contact

Dawn Mallyon
VP Marketing
Hitachi ID Systems, Inc.
500, 1401 1st Street S.E
Calgary, AB T2G 2J3
1.403.233.0740 ext. 324