ActivCard Appoints Two New Senior Vice Presidents To Lead Global Sales And Marketing

ActivCard Appoints Two New Senior Vice Presidents To Lead Global Sales And Marketing

Enterprise Software Veterans, Frank Bishop and Glenn Cross, Join ActivCard Executive Management Team

FREMONT, California–October 16, 2003–ActivCard® (NASDAQ: ACTI), a leading global provider of Secure Digital Identity and Authentication solutions for secure remote access, secure sign-on and digital ID cards, today announced the appointment of Frank Bishop as senior vice president of Product Strategy, Management and Marketing; and Glenn Cross as senior vice president of Global Sales and Customer Services.

“With over two decades each of enterprise software expertise, Frank and Glenn are ideal leaders for the next phase of ActivCard sales, marketing and business development–and key additions to our executive team,” said George Garrick, ActivCard chief executive officer. “I look forward to the innovation and caliber of experience these two industry veterans will bring to the Company, and to the results they will achieve in delivering comprehensive digital identity solutions.”

Mr. Bishop’s responsibilities will include product development, product management and industry solutions, as well as execution of strategy and programs for corporate marketing. Since 2001, he has served as vice president and general manager at Siebel® Systems, architecting and managing the Siebel Industry Sector vertical solutions and services offerings. Mr. Bishop previously held multiple senior executive management positions at Oracle® Corporation from 1989 to 2001, including his most recent roles as vice president of the Industry Applications Division and of the Federal Products Division. He has worked extensively with the U.S. and international governments, as well as with large enterprises, channel and OEM partners. Bishop has more than 20 years experience in the computing industry, and has also held senior management positions at Wang Laboratories, Honeywell® Information Systems, and Gillette®.

Mr. Cross’s responsibilities will include worldwide sales, including OEM, channel and direct sales. Since 2001, he was senior vice president of sales, services and business development at Palm®, Inc. for enterprise solution sales and global strategic alliances. Mr. Cross previously served in multiple senior sales management positions at Sun Microsystems™ from 1996 to 2001. As a key sales vice president on the initial team that built JavaSoft™, Mr. Cross took Java technology from its infancy to a world-class development platform. He went on to drive sales at iPlanet™–a partnership of Sun, AOL® and Netscape®–serving as vice president of worldwide partners, business development and sales operations. Cross has more than 20 years experience in the computing industry, and has also held executive positions at Adobe®, Lotus®, and General Magic.

“These two strong individuals bring real-world experience and proven success in Global 1000 enterprise and government solutions–and in driving the collaborative partnerships essential to ActivCard’s continued growth and delivery of world-class products for our customers,” added Mr. Garrick.

About ActivCard

ActivCard, http://www.activcard.com, is the global leader in Secure Digital Identity and Authentication solutions for secure remote access, secure sign-on, and digital ID card solutions. Our solutions are trusted by organizations–from enterprise to governments around the world. ActivCard systems deliver maximum Return On Identity™ (ROI) through increased security, reduced cost, and user convenience. The modular product design allows our customers to add capabilities as required, preserving their investment.

The statements in this press release that are not historical facts are forward-looking statements that involve risks and uncertainties, including risks associated with fluctuations in operating results, our history of losses, the concentration of our customer base, our reliance on strategic relationships, acquisitions and managing our future growth, and other risks identified in our periodic filings with the United States Securities and Exchange Commission, including but not limited to those appearing under the caption “Risk Factors” in our Quarterly Report on Form 10Q for the fiscal quarter ended on June 30, 2003. Actual results, events and performance may differ materially. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. ActivCard disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. ActivCard is a registered trademark of ActivCard in the United States and/or other countries. All other trademarks are the property of their respective owners in the United States and/or other countries.

Contacts

ActivCard Corporate
Julie White
Tel: +1 (510) 574 1708
jwhite@activcard.com

The Merritt Group
Tom Rice
Tel: +1 (703) 748-3482
rice@merrittgrp.com

Consort PR
Tony Bovill
Tel: +44 1344 626171
[email protected]

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