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Sino Security to Offer New Multi-technology Readers by XceedID Corporation Throughout High Growth Security Market in China

GOLDEN, COLORADO USA and SHENZEN, CHINA – May 07, 2006 – XceedID Corp. recently entered into an agreement with Sino Security Inc., one of China’s leading security equipment providers. XceedID Corporation’s innovative line of ISOX™ Multi-Technology readers will now be available from Sino and its reseller partners throughout China. Sino Security Inc. maintains offices in Shenzhen, Shanghai, Beijing, and Hong Kong.

XceedID Multi-Technology card readers support HID® proximity, GE/CASI® ProxLite®, AWID®, MIFARE®, MIFARE DESFire®, my-d®, HID iCLASS™, XceedID ISOX and other technologies. The devices can read proximity numbers, smart card serial numbers and the secure data application areas of contactless smart cards.

“Our partnership with Sino Security in China strengthens XceedID’s leadership position in multi-technology readers worldwide. Sino maintains a strong presence in several major markets in China. We are very pleased to partner with the leading security company in the region within the fastest growing security market in the world. XceedID’s class-leading products will deliver tremendous value to Sino’s customers,” stated John Menzel, XceedID President and CEO.

“XceedID reader technology is the most impressive reader offering we have seen. The flexibility the readers offer in compatibility with so many existing products including HID proximity, GE/CASI Rusco and MIFARE, all in the same reader, provides end customers with an easy path to move into higher security. The number of Fortune 500 companies already utilizing XceedID technology is significant and we look forward to making XceedID readers the leading brand in China.” stated Raymond Lau, CEO of Sino Security Inc.

XceedID Multi-Technology readers include a mullion-mount reader, a mid-range reader and a mid-range reader with a keypad.

About Sino Security Inc.

Sino Security Inc. is a China based security company with offices in Beijing, Shanghai, Shenzhen, and Hong Kong. Its clienteles are among some of the finest clients in China.

For more information, please visit www.ssi18.com.

About XceedID Corporation

Based in Golden, Colorado, XceedID is a subsidiary of Ingersoll-Rand dedicated to the design, development and supply of advanced contactless RFID products. XceedID’s team is highly experienced with contactless technology applications and combines the expertise of industry leading design, engineering, and product/sales development veterans. The combined experience lays the groundwork for continued technology innovation and provides the basis for driving feature sets and future technology from major semiconductor vendors. XceedID and its channel partners provide leading products that span a broad range of applications including: Physical Access Control, Logical Access, Biometrics, Identity, Health, Payment, and other Custom applications with significant market opportunity. For additional information about XceedID Corporation please visit www.XceedID.com.

For more information contact:
Jeff Cahill, XceedID
303-273-9930 ext. 14
jcahill@XceedID.com