Security Biometrics Inc. was formed in 2001, as a technology acquisition and commercialization company focused on the rapidly developing field of biometrics. The Company has commenced integration of cutting-edge technologies with the potential to affect everything from the way people interact with a computer or video game, to the way government, corporate, and civil entities control access to secure facilities and vital services and manage documents.

Security Biometrics Inc. develops, markets and distributes biometric signature authentication solutions powered by Penflow™. The system is based on inherent proprietary patents that validate a signature in a quick, non-invasive and highly accurate manner. The Penflow™ authentication engine views the signing process as a series of movements performed in a continuous, consistent and sequential process. The authentication is performed by employing parameters such as pen speed, acceleration pressure and directional vectors. The proprietary algorithm enables the signature profile (not its image) to be matched automatically. The algorithm contains learning elements so that all the natural changes in a signature are continuously updated into the learning profile that is on an average, less than 1KB. Penflow™ technology, as simple to apply as signing your name, is mature and proven, requiring no special computer knowledge or training. An off-the-shelf product, Penflow™ is endorsed by financial, military, industrial and legal institutions. Dynamic signature verification replaces or complements a personal identification number, passwords, hardware devices such as cards (magnetic or SIM) or keys as a means for identity verification.

CORE BUSINESS

Our objective is to become a leading provider of biometric solutions for improved security of information requiring restricted access LICENSE FOR BIOMETRIC SIGNATURE AUTHENTICATION. On April 20, 2002, we were granted an exclusive license which included rights to use, market, sell, distribute and commercially exploit in North America, including Mexico, Central America, Bermuda, and the Caribbean Islands, the products and other applications of the PenFlow(TM) Biometric Signature Authentication technology developed by WonderNet, Ltd., an Israeli company. WonderNet has granted us a right of first refusal to acquire the issued and outstanding shares of WonderNet.

We market the PenFlow technology under the brand name "Signature Secure" powered by PenFlow(TM). The personal signature, by its nature, is a series of one of kind hand gestures. The repeated gestures, along with subtle variations that occur each time an individual signs, are unique to that individual. It is because of these subtle variations, that two signatures by one person can never be the same. By accumulating a series of signatures for an individual, an accurate personal profile for authentication can be created.

Signature Secure powered by PenFlow(TM) consists of a database of user profiles and enables remote and local access to the database using the internet, smart cards, or LAN connections to verify signatures by comparison to the database. Under the PenFlow(TM) system, you must first register your signature.

By writing your name several times on a special pad while using the PenFlow(TM) software, the PenFlow(TM) software to learn your signature. Once your signature has been recorded by the PenFlow(TM) system, your signature becomes your unique pass, or personal identification number. When you sign your name to enter into a software controlled system, the biometrics of your signature is compared to the PenFlow(TM) database and your signature is either accepted or rejected. We believe that based on WonderNet's experience utilizing the PenFlow(TM) technology for certain applications in Israel, that PenFlow(TM) is reliable, user friendly, and secure. PenFlow(TM) meets the requirements of the new electronic signature laws in the United States.

SELECTED FINANCIAL DATA

- Fiscal 2002 vs. Fiscal 2001 (Audited) (Audited) June 30, 2002 June 30, 2001 Revenue $ 2,656,457 $ - Gross Profit $ 1,187,205 $ - Net Loss $ (742,484) $ (814,855) Loss per Share $ (0.01) $ (0.02) Shares Outstanding 77,965,658 38,257,675

SELECTED BALANCE DATA

As of June 30, 2002 Total Assets $ 12,226,,099 Long Term Obligations $ 111,662 Shareholders Equity $ 5,899,918 2002-10K-SB

Recent 8K

Recent 10Q-SB

SENIOR MANAGEMENT

 

DIRECTORS

Honorable W. David Angus, Q.C., Elaine Bloom, Dr. David Dalton, Allan S. Gibbins; Michel Berty; Gerard E. Munera, Kenneth D. Taylor.

STOCK INFORMATION

Shares Traded on the OTCBB: SBTI
52 - Week Price Range
  High - $0.46
  Low - $0.065
Average Weighted Outstanding : 118,853,383 (Float): 13,612,785

Stockwatch Quote:

INVESTOR CONTACT

Tel: +1.604.685-7749
Toll Free: 1.866.685-7749 (toll free)
info@sigbio.com

SUPPORT COMPANIES

Michel Berty			-	Chairman & CEO
Chris Farnworth			-	President
Wayne Taylor			-	Chief Financial Officer
Chris Farnworth			-	Secretary
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Auditors		:	Amisano Hanson
Transfer Agent		:	Interwest Transfer P.O. Box 17136 Salt Lake City UT 84117
Attorneys		:	Snow Becker Kraus, New York
Public Relations		:	Keating Public Relations, Inc.

STRATEGY

Security Biometrics initial product emphasis involves highly advanced PenFlow™ Biometrics Signature Authentication (BSA) and Dynamic Signature Verification (DSV) technologies. Security Biometrics, Inc. will unite its patent-pending Short Loop Method platform with WonderNet's patented and proprietary PenFlow™ technology engine, to open a whole new world of biometric possibilities for Security Biometrics, Inc. Security Biometrics Inc. has gained a formidable position, whereby it can readily deploy its enabling technologies over WonderNet's already established channels of distribution. By leveraging WonderNet's impressive business connections, customers and success stories, Security Biometrics, Inc. will be able to leap frog its technologies from the R&D lab, to here-and-now business-revenue opportunities.

Security Biometrics targets markets which include, but are not limited to: - Financial (e.g. global banking, improved credit card security); - Medical (e.g. prescriptions, registrations); - Business transactions (e.g. e-commerce, point-of-sale, check authorization and tracking, credit-card transactions, e-mail security); - Military and Governmental applications (e.g. online procurement, records and document management); - Industry (e.g. workflow applications, HRM management, CRM applications).

PenFlow Benefits:

• Documents secured, handled and stored electronically
• Transactions completed remotely - on line
• Point of sales selling efficiency, productivity and quality improvement
• Secured access to hardware device, virtual networks and computer data
• Fraud effectively prevented resulting in significant savings in loss and administrative time
• Image (high degree of trust and efficiency) of organizations using this technology

• Natural, unobtrusive, already accepted
• Easy and efficient way to sign on electronic documents of any kind
• Automating workflow process needing authorization at different stages
• Authentication of a remote signature in real time
• No IT knowledge or training required for end user

• Higher degree of authentication and security
• Ease of installation and use
• Proven Technology