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"Dr. Lorenzo Musa & Voice Security Systems Form Alliance to Market Intellectual Property"

05/10/2001

Voice Security Systems enters into an Alliance with Dr. Lorenzo Musa To market and pursue enforcement of his Intellectual Property US patent # 6,016,349 titled: CELLULAR PHONE PROVIDED WITH LEGAL INDENTIFICATION BY MEANS OF THE OWNER OF THE CELLULAR PHONE.

Dana Point, Calif.—May 10th 2001, Voice Security Systems Inc.

"We are extremely excited about the immediate addition of an source to help impact our speaker verification technology," said Brad Clements , CTO of Voice Security Systems Inc. "By rapidly increasing the size of our patent portfolio, we are able to deliver a superior experience using our Voice Protect® technology in the emerging cellular e-commerce market.”

"By combining our resources and using our existing patents and pending patents, the value of the whole is greater than the sum of the parts," said Dr. Musa President & CEO, Crystel Telecommunications Inc. "It's a win-win situation for everybody – Crystel, Voice Security Systems, and most of all, our clients who have been evaluating our technology for cellular use.” Said Brad Clements, CTO of Voice Security Systems Inc.

The alliance will offer both parties a potential positioning in the market place for the use of a biometric in the cellular world. It is believed that Dr. Musa’s patent could possibly extend to "convergence" hand held devices which advertise that they can be used as a cellular phone.

With the ever expanding opportunity of the cellular world and the need to protect information held within these devices used for legal identification , the need for this technology is phenomenal as this market is moving at an incredibly fast pace.

Forward-Looking Statements
Certain information contained in this announcement is "forward-looking statements." Voice Security Systems cautions readers that certain important factors may affect actual results and could cause such results to differ materially from any forward-looking statements which may be deemed to have been made in this announcement or which are otherwise made by or on behalf of Voice Security Systems. For this purpose, any statements contained in this announcement that are not statements of historical fact may be deemed to be forward-looking statements. Factors which may affect results include, but are not limited to, the Internet and Internet-related technology and products, new technology developments, developments and regulation in the telecommunications industry, the risk of loss of management and personnel, the competitive environment within the telecommunications industries, the ability of Voice Security Systems to develop its infrastructure, the ability of Voice Security Systems to raise additional capital which will be required in the next 120 days to continue to develop and sustain business at current levels and to implement Voice Security System’s business plan, the competence required and experience of management and economic conditions.


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