Press Release

	October 31, 2007

E-Lock announces its new President

Elock Technologies, the leading data security solutions provider announced the appointment of its new President, Ms. Shivangi Nadkarni. Shivangi will play an active role in strengthening the position of E-Lock in the worldwide data security market. She brings with her a proven record of managing business for Information Security related products and services in the domestic and global markets. This appointment signifies E-Lock's commitment to further expand its global operations and strengthen its brand.

Prior to joining E-Lock, Shivangi has held the positions of Global Head of Application Security Practice at Wipro Technologies and General Manager with Sify, heading their Data Security Business. She has of more than twelve years of experience and has handled roles encompassing Consulting, Business & Product Development, Delivery, Regulatory & Legal Compliance & Customer Service. She is a regular speaker at various seminars and events and a member of several Government and Industry-level Committees and Working Groups.

"We are proud to have Shivangi join us. She will play a crucial role in taking E-Lock to the next level as she possesses the expertise and experience needed to do that" says Dr. Prakash Ambegaonkar, CEO - E-Lock Technologies.

About E-Lock :

E-Lock is leading brand of Data Security products and solutions. The E-Lock security solutions are used across Government, Healthcare, Finance, Insurance and other sectors to secure and authenticate electronic records and data. These products and solutions are compliant with various laws that affect the management of electronic information. The E-Lock products and solutions are simple to install and easy to use. Several organizations across the world use E-Lock solutions to go paperless and secure their data.

For more information, please visit http://www.elock.com