XceedID and Cypress Computer Systems
Form OEM Partnership

GOLDEN, COLO. - December 14, 2010 - XceedID, a leading manufacturer of contactless cards and readers, and Cypress Computer Systems, a recognized leader in the design and manufacture of electronic security products and technologies, have formed an OEM partnership in which Cypress will have access to the full line of XceedID credentials and readers.

"Cypress has consistently delivered innovative solutions to the access control industry that help customers solve complex installation challenges," states John Menzel, director of business development at XceedID. "Because our solutions help solve similar challenges, this partnership is a perfect fit."

"XceedID's vision of enabling customers to migrate from legacy technology to new platforms directly aligns with our product portfolio," affirms Paul Ahern, Cypress president. "XceedID's portfolio provides a logical extension to our product offering and we're excited to work with them. Their OEM module will help meet the ever growing demands of our customers."

XceedID and Cypress Computer Systems both produce products designed to extend the flexibility of existing access control systems. As customers ask for added functionality from their legacy systems, the product offering of XceedID and Cypress can provide added-value by utilizing existing infrastructure. XceedID's line of Wiegand-based readers have been tested and approved to work with the full line of Cypress converters. Furthermore, Cypress is in development to incorporate XceedID's array of credentials capacity into their products.

About XceedID Corporation
Based in Golden, Colorado, XceedID is a subsidiary of Ingersoll-Rand dedicated to the design, development and supply of advanced contactless RFID products. XceedID's team is highly experienced with contactless technology applications and combines the expertise of industry leading design, engineering, and product/sales development veterans. The combined experience lays the groundwork for continued technology innovation and provides the basis for driving feature sets and future technology from major semiconductor vendors. XceedID and its channel partners provide leading products that span a broad range of applications including: Physical Access Control, Logical Access, Biometrics, Identity, Health, Payment, and other Custom applications with significant market opportunity. For additional information about XceedID Corporation, please visit www.XceedID.com.

About Cypress Computer Systems
Based in Lapeer, Mich., Cypress Computer Systems is a recognized leader in the design and manufacture of electronic security solutions and technologies. Their solutions include data format converters, mobile credential readers, and supervised reader extenders used regularly to solve unique design and installation challenges. Their products are used for security, access control and data collection solutions. For more information on Cypress, please visit http://www.cypressworld.com/.

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