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Press Release

CoreStreet's Sal D'Agostino Elected Chair Of The Intelligent Transportation Society Of Massachusetts

D'Agostino Will Work to Deploy User Services in the Commonwealth

CAMBRIDGE, MA (July 13, 2004)

CoreStreet, a leading provider of validation solutions for identity management and access control, today announced that Sal D'Agostino, the company's vice president of physical security, has been elected Chair of the Intelligent Transportation Society (ITS) of Massachusetts. D'Agostino had been recently re-elected to the board of ITS Massachusetts to focus on the development and deployment of user services - the individual tools used by travelers and transportation providers.

ITS Massachusetts, a state-wide branch of ITS America, is comprised of individuals from various businesses, labor groups, academic institutions and public agencies, all with a focus on the improvement of intermodal surface transportation in Massachusetts. The Chair is elected by its membership from its membership.

Commented D'Agostino: "I look forward to continuing my work with ITS Massachusetts and in particular with the top transportation professionals from the public sector, industry and academia represented on our Board of Directors. Intelligent transportation systems improve mobility, safety and security and it is my goal to make sure that the Commonwealth's investment in transportation infrastructure does this to the fullest extent possible across all modes."

D'Agostino has 25 years of management and sales success in the field of intelligent machines. Before joining CoreStreet, he served as CEO of Computer Recognition Systems, Inc., where his customers and projects included physical security for the U.S. Capitol and EZ Pass, the electronic toll collection technology.

Known as an authority on transportation security issues, D'Agostino has been a speaker at such industry events as the ITS America Annual Meeting, Transportation Research Board Annual Meetings, IEEE Homeland Security Conference and the Institute for Transportation Engineers Annual Meeting, among others.

ITS Massachusetts encourages participation in ITS activities at both the state and local level. It provides a grassroots outlet for information exchange with ITS America on major program issues and serves as a private/public/academic forum to focus on ITS deployment.

About CoreStreet

CoreStreet is the only provider of massively scalable validation products for identity management and access control. With CoreStreet’s Real Time Credentials™, organizations can control physical and logical access to buildings, computer networks, applications and devices.

Real Time Credentials solutions can be deployed anywhere in the world - in connected and disconnected environments - without having to set up costly and vulnerable infrastructure. CoreStreet’s products are designed to secure large, mission-critical applications for military, civilian government, financial services and healthcare customers. The company, headquartered in Cambridge, Mass., holds 14 patents with more pending. For more information, visit www.corestreet.com.

CoreStreet and Real Time Credentials are trademarks of CoreStreet Ltd.