Digimarc ID Systems Names COO; Indra Paul to Oversee Operations of Digimarc ID Systems, The Leading Producer of U.S. Drivers Licenses

    TUALATIN, Ore.--Jan. 11, 2002--Digimarc ID Systems, a wholly owned subsidiary of Digimarc Corp. , announced today the appointment of Indra Paul as its chief operating officer.
    In this position, Paul will be responsible for Digimarc ID Systems' product development, systems integration, systems delivery, manufacturing, materials management, and system operations.
    Paul joined Digimarc Corp. in November 1999 and most recently served as vice president of sales for the company's digital watermarking products. Before joining Digimarc, he was executive vice president of operations at TV Guide Networks, a provider of electronic television program guides for the cable television industry. Prior to that, he served as vice president of engineering and operations at Vyvx, a provider of fiber optic transmission services for the broadcast television industry.
    "This appointment reinforces our commitment to build a world-class product delivery team focused on customer satisfaction, innovative technologies and system security," said John Munday, president, Digimarc ID Systems. "Indra Paul has tremendous experience leading the operations of complex and multi-faceted businesses. His skills and experience will enhance the substantial capabilities already in Digimarc ID Systems to support our customers and grow our business."
    Paul will be based in Digimarc ID Systems headquarters in Bedford, Mass.

    About Digimarc

    Digimarc Corp. , based in Tualatin, Ore., is the world leader in digital watermarking solutions. Digimarc's patented digital watermarking technology is used in a range of solutions for brand protection, brand management and security applications. The technology allows digital data to be embedded imperceptibly in traditional and digital media content including photographic or artistic images, movies, music, packaging, printed materials, promotional items, value documents, tickets and holograms, among others. The company continues to build a pervasive new communications platform by developing an increasing array of diverse product offerings. These offerings benefit a broad range of consumers, corporations and government institutions, enhancing the protection of copyrights, the security of value documents and the management of media and fostering integrated marketing and e-commerce for many goods and services. Digimarc's leading customers include creative professionals, major media companies and central banks.
    Digimarc ID Systems, based in Bedford, Mass., is the leading producer of drivers licenses in the U.S., providing systems and services to 37 states. Internationally, Digimarc ID Systems produces identification documents for governments in various countries around the world.
    Digimarc has an extensive intellectual property portfolio, with 49 issued U.S. patents with 883 claims, and 304 pending applications for U.S. patents, in digital watermarking and related technologies. Digimarc's vision is to have its watermarking technology become a standard feature of all media content. Please go to www.digimarc.com for more company information.

    Securities Safe Harbor

    This press release contains forward-looking statements that are made pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to certain assumptions, risks and uncertainties. Although Digimarc believes that the expectations reflected in its forward-looking statements, including statements the growth in business resulting from the acceptance of Digimarc ID Systems' products in the marketplace, are reasonable, actual results could differ materially from those expectations or from historical results. Important factors that could cause such differences include without limitation changes in customer needs and expectations, governmental actions and other factors detailed in Digimarc's Annual Report on Form 10-K for 2000 and its most recent Quarterly Report on Form 10-Q, each as filed with the Securities and Exchange Commission. Digimarc is not obligated to revise or update any forward-looking statements in order to reflect events or circumstances that may arise after the date of this release.