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M-Tech Makes Two Key Executive Appointments

M-Tech Promotes Ilija Stankovski to the Position of V.P. Solution Delivery and Paul Schermerhorn to the Position of V.P. Engineering

Calgary, AB - February 23, 2005 -M-Tech Information Technology, Inc., a leading provider of identity management solutions, is pleased to announce two new key executive appointments:

Ilija Stankovski was promoted to the position of V.P. Solution Delivery. Ilija has extensive experience as a technology educator and in managing complex technical support operations. He has assumed responsibility for product support and professional services. Ilija has worked at M-Tech for three years in the capacity of Technical Services Manager. His key expertise includes platforms and systems such as UNIX, Novell, Mainframes and databases, as well as computer languages, programming and scripting. Ilija attended the Faculty of Engineering at the University of Calgary and the University of Cyril. Previous to M-Tech, he has worked as an Instructor at Mount Royal College and is teaching at the University of Calgary.

Paul Schermerhorn was promoted to the position of V.P. Engineering. Paul has more than 10 years of experience with managing software development operations. He has led M-Tech's product development and engineering over the past three years. He has broad experience with mid to large-scale software design and development as well as extensive knowledge of financial business systems, NASD and SEC compliance issues. Paul served in his previous career as a Senior Associate with AIM Management Group and a Senior Software Engineer with SMART Technologies. He holds a Bachelor of Science Degree in Computer Science from the University of Calgary.

"Our record growth demonstrates that M-Tech continues to strengthen our positioning as a leader in the identity management marketplace," says Gideon Shoham, CEO of M-Tech. "Both Paul and Ilija bring critical skills and leadership in their respective areas of expertise. We are proud to have such highly skilled individuals on our executive team."

About M-Tech Information Technology, Inc.

M-Tech is a leading provider of identity management solutions for the enterprise. The Hitachi ID Management Suite combines ID-Synch for user provisioning, P-Synch for password management, ID-Certify to provide regulatory compliance, ID-Access for self-service resource access, ID-Telephony for telephone password reset and Hitachi ID Automated Discovery for account cleansing and reconciliation. Combined, these products offer a comprehensive integrated identity management solution for mid-sized organizations to global enterprises. 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 Hitachi-ID.com or 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
dawn_mallyon@Hitachi-ID.com

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