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NEW YORK, JANUARY 19, 2004
Identrus Acquires eFinance Corporation and Strengthens Business Solutions Portfolio
Marks first company acquisition to provide identity-enabled solutions to Identrus Financial Institutions and their customers.

Identrus, LLC today announced the acquisition of eFinance Corporation, a credit decisioning and risk management solutions company. The acquisition of eFinance reflects Identrus' new corporate strategy to provide Identrus Participating banks and their customers with key business applications that leverage the Identrus platform. The eFinance solution suite enables companies to gauge quickly and accurately the financial soundness of customers at each step of the financial supply chain -- from customer pre-qualification through credit extension, accounts receivable and payments.

"The acquisition of eFinance represents an important new direction for Identrus beyond digital certificate issuance to a proactive approach that enables our Participating Banks and their customers to use Identrus trusted identities to solve business problems," said Karen Wendel, CEO of Identrus. She continued, "eFinance was a strong fit for Identrus, as we add to our offering business applications that leverage Identrus certificates to drive new operational efficiencies, lower costs and generate revenue."

Companies such as ADP, Hertz Equipment Rental Corporation and NEC currently use eFinance solutions to evaluate their customers and streamline the credit decisioning process. The addition of Identrus digital certificates as part of the eFinance solution will provide a new level of trust for secure electronic business solutions, such as credit extension, collections and online leasing.

Zaydoon Munir, CEO of eFinance added, "The eFinance solutions suite will immediately expand the Identrus application portfolio for Identrus Participating financial institutions, providing them with easily implemented, business-decisioning solutions for their customers."

Identrus has taken steps recently to help financial institutions integrate Identrus digital certificates into their Internet-based applications. It has enhanced its Rule Set to reduce costs, simplify implementation and accelerate use of digital certificates. Identrus Network 3.0 was recently released, offering financial institutions greater flexibility and more choices in how they deploy and leverage the Identrus platform.

"Identrus is actively exploring other applications to add to its offering, through partnership or acquisition," said Andrew McLauchlan, Identrus chairman. "Building our solutions portfolio is a critically important piece of our new corporate strategy.

A number of Identrus Participant Banks have already integrated Identrus certificates into their business applications, including ABN AMRO, National Australia Bank, Royal Bank of Scotland, UFJ Bank and Wells Fargo.

About Identrus
Identrus™ has established a regulated policy framework that provides the global standard for digital identity authentication. The Identrus platform provides the legal and technical infrastructure for financial institutions, governments and commercial entities to effectively manage the risks associated with identity authentication in digital transactions. Identrus provides managed identity authentication services combining hosting, professional services and extensive PKI implementation experience. Identrus partners with systems integrators, software developers, smart card and token providers, as well as experts on identity management, security and fraud to help organizations achieve greater application security and meet their e-business objectives. Identrus membership consists of more than 60 of the world's leading financial institutions spanning 160 countries. Additional information about the company is available at www.identrust.com.
Press Contact

Tricia Yamagata
+1 415.486.2900



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