Datakey Announces Second Quarter Conference Call

Datakey’s quarterly conference call to be held on Tuesday, July 23, at 4:00 p.m. Central Time; Second quarter results scheduled for release after market close on July 23, 2002

MINNEAPOLIS, July 15, 2002 – Datakey Inc. (Nasdaq: DKEY), a trusted developer of smart card solutions for securing enterprise-wide personal identification, announced today that it will hold a teleconference to discuss second quarter results on Tuesday, July 23, 2002, at 4:00 p.m. Central Time (5:00 p.m. Eastern). Datakey is scheduled to release financial results for the quarter ended June 29, 2002, after the close of market on July 23.

The conference call may be accessed by dialing 877-381-6503 a few minutes prior to the scheduled start time on July 23. Callers should ask for the Datakey conference call, hosted by Carl Boecher, president and CEO of Datakey.

A simultaneous webcast of the conference call will be available on the internet at www.videonewswire.com and a link to the webcast will be available at www.datakey.com in the Corporate Information/Investor Relations section. The webcast will be archived for 90 days.

An audio replay of the conference call will be available through July 30 at 800-642-1687, reservation code #4908377. International callers may access the replay at 706-645-9291, reservation code #4908377.

About Datakey Inc.

Datakey Inc. (www.datakey.com) focuses on delivering reliable smart card-based solutions for securing enterprise-wide personal identification. Datakey smart card technology is trusted to:

Safeguard a user’s digital identity.
Authenticate and control user access to enterprise networks, applications and resources. Protect the integrity and privacy of data shared over corporate networks and the Internet. Customers and partners alike rely on Datakey technology in a full range of enterprise applications, including password management, host authentication, Windows log-on, VPN access, web authorization, desktop security, corporate badge and building access, biometric integration, public key encryption, digital certificates and digital signatures.