Bioscrypt Receives 2005 Frost & Sullivan Application Market Penetration Leadership Award

Toronto, ON -- September 6, 2005

Bioscrypt Receives 2005 Frost & Sullivan Application Market Penetration Leadership Award
Research Shows Bioscrypt Holds Largest Application Market Share of Physical Access Control/Time and Attendance Market

Toronto, ON (September 6, 2005) - Bioscrypt Inc. (TSX: BYT), a leading provider of identity verification technology, announced today that Bioscrypt has received Frost & Sullivan's 2005 Application Market Penetration Leadership Award 2005 for the World Non-AFIS Fingerprint Markets. This is the second consecutive time that Bioscrypt has proven to be the most successful vendor in the physical access control/time and attendance application market by Frost and Sullivan. With thirty five percent growth at the midway point of the year, the company is continuing to expand its presence.

The Frost & Sullivan Award for Application Market Penetration Leadership is bestowed each year upon the company that has been most effective in penetrating their industry’s vertical markets. To choose the award recipient, the analyst team tracks application area trends. This is followed by collecting data—based on predetermined measurement criteria—from all the market participants through interviews and extensive secondary research. The collected data is analyzed, and rankings are ascertained from data results. Frost & Sullivan then presents the award to the company that received the highest industry rank.

“Bioscrypt has opted for a proactive approach and forward thinking strategy in the physical access control and time and attendance marketplace,” said Sapna Capoor Frost and Sullivan Industry Analyst. “Bioscrypt’s product offerings place the company in a leading position and continued market penetration into new geographies will hold it in good stead for continued growth.”

"As the industry leader we have great confidence we will capture more than our share of a market that is projected to grow from 300 million this year to more than 3 billion over the next six years," said Robert L. Williams, President and CEO of Bioscrypt. "This award is evidence that we are approaching the market in a strategic manner that is allowing us to win more business in this application market than any of our competitors."

 About Frost & Sullivan

Frost & Sullivan, a global growth consulting company, has been partnering with clients to support the development of innovative strategies for more than 40 years. The company's industry expertise integrates growth consulting, growth partnership services, and corporate management training to identify and develop opportunities. Frost & Sullivan serves an extensive clientele that includes Global 1000 companies, emerging companies, and the investment community by providing comprehensive industry coverage that reflects a unique global perspective and combines ongoing analysis of markets, technologies, econometrics, and demographics. For more information, visit http://www.frost.com .

About Bioscrypt Inc.

Bioscrypt Inc. is a leading provider of identity verification technology. The Company's solutions combine the convenience of touch with the high security of fingerprint-based biometrics for simple and secure access to facilities, equipment and information. Using the "bioscrypt on board™" brand, the Company offers packaged products, OEM components and software licensing to leading security solution manufacturers and integrators worldwide for physical, wireless and network security applications. Among the many leading edge companies and partners using Bioscrypt technology are the U.S. Army, NASA, American Express, the New York Police Department, Kronos, NATO, Continental Airlines, Intel, Atmel, HID Corporation, Honeywell and Northern Computers. Bioscrypt's patented technology is interoperable with leading fingerprint sensors and is both platform and operating system independent. Bioscrypt is traded on the Toronto Stock Exchange under the symbol BYT. For more information, visit the Bioscrypt Web site at www.bioscrypt.com .


Forward-looking (safe harbour) statement

 Statements made in this news release that relate to future plans, events or performances are forward-looking statements. Any statement containing words such as "believes", "plans", "expects" or "intends" and other statements which are not historical facts contained in this release are forward-looking, and these statements involve risks and uncertainties and are based on current expectations. Consequently, actual results could differ materially from the expectations expressed in these forward-looking statements.

Bioscrypt Inc., Bioscrypt and V-Smart, are trademarks of Bioscrypt Inc. All other trademarks or registered trademarks referenced herein are properties of their respective owners.

For more information, contact:

Matthew Bogart
Bioscrypt Inc.
905-624-7717