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PRESS RELEASE

PAGEMARK TECHNOLOGY LAUNCHES NEW SOFTWARE FOR MOBILE AUTHENTICATION FROM SMART PHONES

New Application Enables Reading of Patented Pelta Covert Barcode Layer From Any Location

REDMOND, WA -- May 21, 2013 -- Pagemark Technology, Inc. a leading brand protection and security provider, today announced the launch of iVerifyIT™, a new mobile application for product and document authentication that reads the patented, Pelta™ covert data layer embedded in standard 2D barcodes from any iOS or Android smart phone. iVerifyIT can also be used in conjunction with Pagemark Track and Trace to enable tracking through production and into post-production. The new mobile application was developed to become an integral part of a government agency or brand owner’s authentication or brand protection strategy.

Counterfeiting is a growing global problem. A report from the Organization for Economic Cooperation and Development put the value of counterfeit goods that crossed international borders at over $250 billion in 2007. By 2015, the International Chamber of Commerce expects the value of counterfeit goods globally to exceed $1.7 trillion, more than two percent of the world's total current economic output.

“iVerifyIT™ was originally developed to be used internally by state officials for document validation, but there is unlimited potential beyond high value documents that can extend its use to packaged goods, luxury goods, pharmaceuticals and life sciences,” said RanDair Porter, President of Pagemark Technology, Inc. “iVerifyIT leverages our patented Pelta technology and makes it mobile, enabling smart phones to read and authenticate the covert information anywhere, whether on a factory floor in Asia or in a retail store in the U.S.”

The company will demonstrate iVerifyIT™ at Secure Document World (SDW) 2013 in London, England, at Stand #F19 on May 22 23, 2013. The company will also attend the Tax Stamp Forum, to be held June 3-5, 2013 in Vienna, Austria.

About Pagemark Technology

Pagemark Technology, Inc. is a Redmond, Washington-based leading supplier of electronic security technologies providing horizontal and vertical solutions relating to authentication, serialization, fraud protection, divergence and anti-counterfeiting measures. Using proprietary Pelta™ 2D barcode technology layered on standard QR or DM barcodes, the system encodes overt and covert data, creating a simple, but highly effective, authentication system. Pelta™ is used as a basis for a number of authentication solutions by Pagemark Technology. For more information, visit www.pagemarktechnology.com.

Contact:

Robert Shibata, Pagemark Technology - rshibata@pagemark.net, 425.802.7814