Strong Authentication, Anti-Phishing and Risk Assessment Packaged by CallingID to Provide Full Protection Against Identity Theft for Online Banking

NEW HAVEN, CT, May 29th 2006 - CallingID, leading provider of strong authentication and safe browsing solutions, announced today its combined solution that enables all users to be protected against identity theft when they login to their online banking account, without having to install anything on their desktop. In addition to strong authentication, users that choose to install the CallingID toolbar get automatic risk assessment and information. They know who owns each site they visit and whether it is O.K. to trade with them. When there is a potential risk they are given an immediate warning.

Safety Seal, CallingID's strong authentication solution, a simple server that does not require any hardware or software to be installed on the client, uses its patent pending multiple security layers to protect users against Trojans/Spyware and Man-in-the-Middle. It allows users to keep their usual username and password login process and requires minimal support. Second factor authentication is required only in cases where the user is suspected as hostile, but most users are well protected without the need for a complex process.

Although there is no requirement for any client software, users are encouraged to install and use CallingID toolbar to ensure safe Internet browsing.

"The combination of the strong authentication server and the client software as an education tool is the very solution FFIEC aimed for in its guidelines" said Yoram Nissenboim, CallingID CEO, "CallingID succeeds in protecting users from becoming fraud victims, while encouraging them to do more business with real sites. It is a transparent solution that lets users continue regular Internet activities while providing them with a high level of protection and useful information".

CallingID's toolbar can be downloaded for free from www.callingid.com/download.aspx. Installation is fast and simple. CallingID supports Internet Explorer and Firefox under Windows platforms (98, ME, 2000 and XP).

Banks and other institutions offering CallingID's combined solution of Safety Seal server and CallingID toolbar to their clients now have a way to considerably reduce the risk and concern that their clients have of being scammed, thus addressing their reluctance to conduct business over the Internet. The clients feel that the institution has taken the necessary steps to secure them, and since no complex procedure is added, they can significantly increase their business activities with the institution. We see this solution widely adopted by banks since Safety Seal helps banks comply with the October 2005 FFEIC guidelines.

A working demonstration of CallingID Safety Seal is available at http://analyst.callingid.com/SafetySeal.Demo4/

About CallingID
CallingID provides solutions that encourage usage of the Internet for business, helping customers avoid Internet fraud (phishing, pharming, spyware and Trojans) focusing on online banking, e-commerce and corporate sites as well as individual Internet users. CallingID's offices are located in New Haven, Connecticut and the R&D team is based in Haifa, Israel.