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Media Alert

CORESTREET PRESIDENT TO ADDRESS SECURITY INDUSTRY CEOS AT “SECURITY GROWTH CONFERENCE”

Annual invitation-only gathering in Santa Monica brings together security company CEOs and investment professionals to identify growth opportunities

Cambridge, MA (May 7, 2006)

Who: , president of CoreStreet, will brief security industry executives and investment banking executives on the company's initiatives in North America and Europe and the growth in commercial and government use of the company's infrastructure and applications for smart credentials.

Where: The Security Growth Conference

Loews Santa Monica Beach Hotel

1700 Ocean Avenue
Santa Monica, Calif. 90401

When: 11:35 a.m. on March 7, 2006

Important: Admission is by invitation only. Contact Veda Morrison of USBX at 310-315-6711 in advance to be admitted to this closed event.

What: The Security Growth Conference is regarded as the premier event in the industry for identifying strategic alliances, M&A opportunities, and other corporate partnerships. More than 50 CEOs will be in attendance this year.

In his presentation Libin will provide an update on CoreStreet's initiatives in North America and Europe, including:

  • Technology licensing and the planned introduction of CoreStreet-Enabled physical security products by leading OEMs;
  • Growing public sector demand for CoreStreet validation infrastructure, currently in use by the intelligence and military communities as well as civilian governments in the United States and other NATO countries;
  • Demand for the converged security systems from CoreStreet and CoreStreet licensees, which is being driven by Homeland Security Presidential Directive 12 and other regulations and compliance efforts;
  • Private industry demand for CoreStreet's validation infrastructure for companies and for industry consortia, including the SAFE-BioPharma Association; and
  • CoreStreet's secure ID checking system, which was demonstrated recently as part of a major federal security exercise and is currently in the first phase of deployment.

During the last twelve months CoreStreet has expanded, adding to the management team and growing the business development organization, adding offices in Washington and Europe, and signing major partnership agreements with leading SIs and OEMs in North American, Europe, and Asia.

The conference, now in its fourth year, was founded by USBX Advisory Services and the law firm of Mitchell Silberberg & Knupp .

Admission is by invitation only. More information on this year's conference is at http://www.securitygrowthconference.com/index.html .

About

is the president of CoreStreet. Prior to founding CoreStreet, Libin founded and served as CEO of Engine 5, a Boston-based enterprise software development firm acquired by Vignette Corporation in 2000. At Vignette, Libin served as Principal Architect and Chief Technologist for Applications. Previously he led software consulting and technology projects at ATG, Xchange and EF.

Libin speaks widely, and recently addressed government and industry leaders in Rome and Berlin on the topic of electronic passports and IDs and the underlying Identity Services Infrastructure to support these large-scale programs. In 2004, Libin was named an "InfoWorld Innovator." He writes on identity, security, and life at Vastly Important Notes .

About CoreStreet

Every day, the world's most demanding government and commercial enterprises rely on CoreStreet technology to authorize critical events, ranging from opening signed e-mail and documents to granting physical access. More information, including technical whitepapers, industry solution studies and a list of the patents awarded to the company, is available at www.corestreet.com. www.corestreet.com.

CoreStreet and Real Time Credentials are trademarks of CoreStreet Ltd.