Large-Scale, Cost-Effective, Progressive Authentication and Identify Management Solutions Enabling Security, Efficiency and Collaboration through Technology

© 2010 Anakam ® Inc. Anakam ® Proprietary Information – Multiple Patents Pending 2 Anakam - Company Summary  Leading provider of large-scale, cost-effective multi-factor authentication solutions – The Anakam Identity Suite ®  Integrated suite of identity management offerings; proven set of industry-leading products  Strong IP position with six patents pending  Initial focus on high-growth verticals (Government, Healthcare, Public Sector, Financial Services)  Heavily regulated industries where traditional authentication platforms do not adequately protect end user identity  Name brand customer wins across target sectors are driving tremendous business momentum  Highly experienced management team - Accenture, Oracle, Siebel, Symantec, Microsoft, IBM, Federal and DoD  Rapid growth in revenue and bookings  Founded in 2004; Product launched in 2006  Headquartered in San Diego, CA  Federal HQ in Arlington, VA Two Factor Authentication Identity Proofing Identity Verification Credentialing Gateway On-Demand Identity VPN Connector Secure Collaboration

© 2010 Anakam ® Inc. Anakam ® Proprietary Information – Multiple Patents Pending 3 What is Authentication? Is it Necessary? Authentication enables rapid, efficient communication and information sharing within organizations, between organizations, and with customers/users UsersIdentity Authentication confirms a user’s claimed Identity with a given level of Trust Trust in Identity enables a number of critical capabilities for organizations Entitlements Permissions Roles Audit Trails Security Safeguards Organizational Control Organizational and User Accountability Risk Mitigation

© 2010 Anakam ® Inc. Anakam ® Proprietary Information – Multiple Patents Pending 4 4 Quick Second Factor Authentication Review  First or Single Factor Authentication  Something you know: I.D./password  Second Factor Authentication for Online Applications  Something you have: Hard token, soft token, one-time password device, etc.  Similar to an Automated Teller Machine (ATM)  Something you know: PIN code  Something you have: Debit card  Second Factor Authentication is an effective mechanism to provide assurance of the identity of a person conducting an electronic transaction.

© 2010 Anakam ® Inc. Anakam ® Proprietary Information – Multiple Patents Pending 5 Traditional Authentication Approaches Traditional Second Factor Authentication Authenticating network users with a user name and password Hard tokens, smart cards, USB devices, biometrics  Expensive to deploy and maintain  Burdensome on the individual to carry  Prone to loss, theft, and obsolescence  Actually don’t identify the identity of the user  Too administratively cumbersome for most applications, particularly citizen- facing portals with millions of users  If known by a perpetrator, he/she can easily compromise a single account or potentially an entire network  Has led to a need for second factor authentication for important/sensitive information Single Factor Authentication Approach Challenges Market Need Strength of second factor authentication but with lower cost, flexibility to provide progressive authentication and greater convenience Current approaches to authentication do not meet the requirements of a large portion of the overall identity management market

© 2010 Anakam ® Inc. Anakam ® Proprietary Information – Multiple Patents Pending 6 How we meet this need  Upon successful completion of a first-factor challenge (username/password), Anakam.TFA ® generates a random number passcode and distributes it to pre-registered end-user device(s) (cell phone, home phone, computer, etc.).  The institution’s server then waits for the user to enter a time- sensitive passcode to validate that the user still has the “what you have” portion of two-factor authentication.  Current capabilities include:  Cell Phone Text Message (SMS) – One-time Pass code (True Two-Factor)  Synthesized Voice (IVR) to Landline or Cell Phone – One-time Pass code (True Two-Factor)  Voice Biometric Retrieval – One-time Pass code (True Two-Factor)  Account – One-time Pass code  Personal Computer – Encrypted Device ID  Out-of-Wallet Questions – Random Requests for Closely Held Knowledge  e.g., “Mother’s Maiden Name”  Verification Link – Combats “Man-in-the-middle” Attacks  Conditional challenges based upon: IP Geo-analytics, Behavioral Analysis, and optional alternatives Large-Scale, Cost-Effective, Authentication and Identity Management Solutions

© 2010 Anakam ® Inc. Anakam ® Proprietary Information – Multiple Patents Pending 7 On-line Authentication for the Masses Large-Scale, Cost-Effective, Authentication and Identity Management Solutions

© 2010 Anakam ® Inc. Anakam ® Proprietary Information – Multiple Patents Pending 8 Demonstration

© 2010 Anakam ® Inc. Anakam ® Proprietary Information – Multiple Patents Pending 9 Questions