PRESS RELEASE

Dallas, TX

September 25, 2003

IRIS DIGITAL VIDEO SYSTEMS RECEIVES FULL ENDORSEMENT

IRIS Digital Video Systems announced today that it has been endorsed by the New York Bankers Service Corporation, a wholly-owned subsidiary of the New York Bankers Association, for their digital surveillance systems.  The New York Bankers Association represents the State’s commercial banking industry, including community, regional and money center banks with aggregate assets in excess of $1 trillion.  

The New York Bankers Service Corporation selected and endorsed the IRIS Digital Video Systems family of products because of the unique patented design and resultant benefits for their members.  Ms. Sue Stone, Senior Vice President of the NYBA, commented that “we selected IRIS Digital Video Systems because our members needed a digital video product that was designed exclusively for financial institutions and one that meets their demands in storage space, automated ATM light monitoring for compliance, law enforcement guidelines and investment maximization”.

Mike Markwood, National Sales Director for IRIS Digital Video Systems commented “We are very excited about receiving this prestigious underwriting and look forward to working with all of the member organizations of the New York Bankers Association”, Mr. Markwood went on to say “the family of IRIS patented products satisfies all of the important criteria that the New York Bankers Association was looking for and this is a significant endorsement for our company”.

IRIS Digital Video Systems has been marketing its patented product since 1995 and is considered one of the pioneers in the digital video marketplace.