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SURETY REACHES INDUSTRY MILESTONE AUTHENTICATING MORE THAN 1 MILLION RECORDS WITHOUT CHALLENGE IN SUPPORT OF COURT PROCEEDINGS
(HERNDON, VA) - October 27, 2003
Surety, LLC, a leading provider of data integrity solutions, today announced that its flagship data integrity service, AbsoluteProof SM, has been used by customers to digitally notarize over 1 million files in support of legal proceedings in various courts and regulatory agencies. Computer evidence processed with Surety's technology has been successfully admitted in civil and criminal cases worldwide, and case law has upheld the validity of Surety's underlying technology.

On October 16, 2003, Evidence Exchange, the industry's first company that can notarize all documents produced during an electronic data discovery, submitted the 1 millionth document for authentication by Surety's AbsoluteProof service as part of the electronic discovery phase of a large litigation / investigation taking place in New York. To date, no record digitally notarized by AbsoluteProof technology has ever been successfully challenged in court.

"Now more than ever, electronic data is becoming the crucial source of discoverable evidence in corporate litigation and regulation," stated Myron Eagle, Esq., President of Evidence Exchange. "This presents many new challenges to which today's companies and their counsel must respond. One of these challenges is to ensure the integrity of electronic documents. By integrating a proven, legally defensible technology like Surety's into our Secure Digital Photocopier(tm) product, we are able to provide our customers with the tools necessary to create and secure electronic documents that can be used as irrefutable evidence in any court of law." Michael Prounis, the CEO of Evidence Exchange commented that "The use of AbsoluteProof is the best e-discovery solution when your electronic document production involves native files or where you need to produce 'notarized' PDF files."

AbsoluteProof provides indisputable evidence of the existence of any type of electronic record at a fixed point in time-without using private keys or certificates. Surety's patented process creates a unique digital "fingerprint" for any electronic record, including transcripts, email, spreadsheets, PDF, and XML files. Once notarized by the AbsoluteProof service, any tampering of the record is easily detected.

"The ability to conclusively know that an electronic file has not been altered can no longer be achieved through the practice of 'sworn testimony'. Binary information can be easily manipulated, changed, or backdated--often without the owner's knowledge," stated Tom Klaff, CEO of Surety. "Our service uses a cryptographically repeatable process that can prove, absolutely, that a file was created when claimed and has not been altered since. The process is clear, unambiguous, and foolproof, offering the best assurance that an electronic record is genuine, an essential element in legal defensibility."

Headquartered in Herndon, Virginia, Surety, LLC is the leading provider of data integrity services-generating irrefutable evidence of exactly what electronic records were created and precisely when. The company provides mission-critical technology for applications that protect intellectual property rights, manage corporate governance initiatives, and help drive regulatory compliance. Built on patented technology and secure hashing algorithms, Surety's AbsoluteProofSM is the only long-lived, cryptographically verifiable data integrity service in the world. Founded by two leading Bellcore scientists, the company has been helping customers prove the integrity of their electronic records since 1994. www.surety.com

Surety, AbsoluteProof, and Guaranteeing Trustworthy Electronic Records are servicemarks, trademarks, or registered trademarks of Surety, LLC in the United States and other countries. All rights reserved. All other trademarks are the property of their respective owners.

Contact:

Mike Prounis or Myron Eagle
Evidence Exchange
21 Penn Plaza
New York, NY 10001
(212) 594-2500
michael.prounis@evidenceexchange.com
myron.eagle@evidenceexchange.com

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