The corporate name change is designed to better reflect the Companys new business in the homeland security field following its acquisition in March 2007 of IDO Security Ltd.  IDO Security Ltd. is a research and development company dedicated to improving the worlds homeland security.  Concomitant with the name change, beginning June 19, 2007, the Companys common stock will be quoted under the new symbol, "IDOI".

In conjunction with the name change, the company is also enacting a three- for-one stock split of its common stock.  The split is structured in the form of 200% dividend, payable to holders of record on June 18, 2007.  Stockholders will receive two shares of common stock for each share they owned as of record on the close of business on June 18, 2007.  On June 21, 2007, the companys common stock will begin to be quoted at the post split adjusted price.

"The name change is necessary to reflect our new direction and to create a consistent corporate identity.  The forward split is designed to further our efforts to improve trading liquidity and enhance shareholder value", stated Michael L Goldberg, the Companys President and acting Chief Executive Officer.