Security Biometrics Inc. and Lightec Communications Inc. to merge

April 4, 2002
APRIL 4--Security Biometrics Inc. (White Plains, NY; www.sigbio.com) and Lightec Communications Inc. (Poughkeepsie, NY; www.lightec.cc) have agreed to merge.

APRIL 4--Security Biometrics Inc. (White Plains, NY; www.sigbio.com) and Lightec Communications Inc. (Poughkeepsie, NY; www.lightec.cc) have agreed to merge. Under the agreement, shareholders of Lightec Communications will receive a combination of cash and stock in Security Biometrics worth approximately $12 million.

Lightec Communications is a provider of high-quality telecommunications design, installation, and information technology services. Since its formation in 1996, Lightec has sustained a 25% growth rate and has been profitable since inception. Lightec currently has more than $11 million of projects under contract for 2002.

Michael Richard, founder and president of Lightec said, "We are looking forward to being part of the Security Biometrics Group and contributing to its growth plans. He has agreed to join the board of directors; and Nabil El-Hag, the architect of the strategic relationship between Lightec and Security Biometrics, has joined the Security Biometrics advisory board.

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