iDcentrix Partners with CardTech for ID Card Projects in Guatemala

2008-09-03 20:59:04 -

- iDcentrix (OTCBB: IDCX), a provider of innovative, highly secure ID cards and card issuance systems, today announced its partnership with Carnets, Tarjetas y Tecnologia S.A. (CardTech) based in Guatemala. CardTech has extensive experience as a systems integrator for plastic card solutions and Point-of-Sales (POS) transaction systems, and expertise in providing identity solutions to the Federal and Municipal branches of Guatemala. The preferred partnership calls for both companies to jointly consider bids for ID cards in the country.

"We are developing strategic relationships that allow us to be well-prepared for ID market opportunities in the Caribbean and Latin America," says iDcentrix President and CEO Francine Dubois. "CardTech has tremendous experience in the card payment market and their success in the ID sector validates their security expertise."

With its deep-welding technology that welds the ID data to the card body, iDcentrix provides CardTech a unique advantage to help create the most secure government-issued credentials on the market. The combined team will develop a package solution to offer CardTech's customers in the region.

"We believe that the timing is right to present the iDcentrix technology to our ID customers and prospects," says CardTech president Jose Logros. "This partnership will certainly allow us to distinguish ourselves from our competition and reinforce our position in the market."

About iDcentrix:

iDcentrix Inc. (OTCBB: IDCX), based in El Segundo, CA, has licensed a patented technology providing highly secure identification cards based on Swiss banknote paper and polycarbonate. Unlike other ID cards on the market, the iDcentrix card cannot be duplicated or counterfeited thereby guaranteeing the integrity of the card data and the identity of the cardholder. The company sells the ID card production equipment and consumables to corporate and governmental card issuers and also issues cards by partnering with local card manufacturers. For more information go to www.idcentrix.com

Statement:

This press release may include statements that constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding market acceptance of new products, product performance, product sales, revenues and profits. These forward-looking statements are based on management's current expectations and beliefs and are subject to risks and uncertainties that could cause actual results to differ materially, positively or negatively, from those described in the forward-looking statements. In particular, factors that could cause actual results to differ materially from those in forward-looking statements include, our inability to obtain additional financing on acceptable terms, or at all; the failure of the technology that we license, our products and services, to gain widespread market acceptance; standards that may be adopted our inability to attract and retain additional employees to respond to business opportunities, our dependence upon intellectual property licensed from third parties and the validity and enforceability of that intellectual property; any circumvention or sabotage by third parties of the security systems used in our products and services that could damage our reputation; industry, competitive and technological changes; the loss of, and failure to replace any significant customers; the composition, timing and size of orders from and shipments to major customers; inventory obsolescence; the performance of suppliers and subcontractors; risks associated with international operations and foreign currency fluctuations; the state of the U.S. and global economies in general and other risks detailed in our filings with the Securities and Exchange Commission. Forward-looking statements speak only as of the date made and are not guarantees of future performance. We undertake no obligation to publicly update or revise any forward-looking statements. When used in this document, the words "believe", "expect", "anticipate", "estimate", "project", "plan", "should", "intend", "may", "will", "would", "potential", and similar expressions may be used to identify forward-looking statements. This document does not constitute an offer or solicitation as to any securities.

iDcentrix
Francine Dubois, 310-414-2661
Francine.dubois@idcentrix.com
or
Olmstead Williams Communications
Tracy Olmstead Williams, 310-387-7738
tracy@olmsteadwilliams.com