ASPACE Solutions and Eracom Join Forces To Deliver Market Leading Multi-channel Authentication Solutions

London, United Kingdom and Krefeld, Germany Sept 20, 2004 building on its market-leading position in the field of multi-channel Identification and Verification (ID&V) systems, ASPACE Solutions has announced a partnership with Eracom Technologies, a leading developer and global supplier of cryptographic technologies and Hardware Security Modules (HSMs).

The agreement seals an ongoing collaboration between the two companies by integrating Eracom s ProtectServer Orange HSMs into ASPACE Solutions 4TRESS enterprise product. 4TRESS gives customers, partners and employees secure access to information and services via any channel including Internet, phone, IVR, mobile, face-to-face or kiosks, using the same log-on information.

“ASPACE Solutions customers include leading banks and building societies that demand the highest levels of security and place a very high priority on areas such as key management and audit, said Mike Howse, Sales and Marketing Director of ASPACE Solutions. “Supporting Eracom HSMs provides 4TRESS customers with cost-effective, FIPS 140-1 Level 3 validated HSMs and allows ASPACE Solutions to leverage Eracom s global presence and support organisation.

Ansgar Dodt, COO of Eracom Technologies, commented, “Eracom is extremely pleased to be entering into a solutions partnership with ASPACE Solutions. Managing user identities, authentication and authorisation in an efficient, secure and cost-effective way across multiple channels is one of the real challenges facing major retail banking organisations worldwide. I believe that Eracom’s cooperation with ASPACE Solutions will help to underpin the strategic and operational potential of the 4TRESS solution.”

About ASPACE Solutions

ASPACE Solutions, a UK limited company, provides multi-channel business security solutions, along with specialist consultancy services. Its flagship product 4TRESS is an enterprise wide, multi-channel Identification and Verification solution that gives users secure access to services via any channel including the Internet, phone, IVR, digital TV, mobile device, face-to-face or kiosk devices such as an ATM using the same log-on information..

Through simplifying the way users interact and by providing a consistent authentication method 4TRESS delivers an enhanced user experience, reduces customer churn and provides a rapid ROI.

ActivCard Corporation is the major shareholder in ASPACE Solutions (NASDAQ: ACTI). For more information, visit www.aspacesolutions.com

About Eracom Technologies

Celebrating 25 years (1979-2004) of excellence in cryptography, Eracom Technologies is a leading developer and global supplier of cryptographic hardware and software products. As a true pioneer in the IT security industry, Eracom offers proven cryptographic security solutions to a wide range of industries including banking, finance, government and technology sectors. In the last two decades alone, Eracom has successfully developed and deployed several generations of Hardware Security Modules (HSMs) to the market as well as a range of advanced cryptographic APIs and privacy of information products.

Eracom provides 24×7 worldwide customer support with guaranteed response times as well as access to free updates and documentation via the Eracom Website. Eracom is represented by a worldwide network of wholly owned subsidiaries and distribution channels with offices in 11 countries.

Eracom is proud to have served and supported the ever increasing and most stringent IT security needs with its Electronic Transaction Security and Privacy of Information portfolios. Together with its worldwide partners, Eracom is here to protect the future.

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