LaserLock Signs Exclusive Agreement With Arthur Blank & Co.

Tue Jul 1, 2008 9:20am EDT

* Reuters is not responsible for the content in this press release.

PHILADELPHIA, July 1 /PRNewswire-FirstCall/ -- LaserLock Technologies Inc.
(OTC Bulletin Board: LLTI) today announced that it had signed a worldwide
exclusive license agreement with Arthur Blank & Co., headquartered in Boston
(http://www.arthurblank.com).
    The announcement was made by Norman A. Gardner, Chairman & Chief Executive
Officer of LaserLock Technologies Inc.
    With a capacity to print 1.5-billion cards a year, Arthur Blank, a
division of American Banknote Corp, is the largest producer of plastic cards
in North America.
    The agreement covers all subsidiaries and affiliates worldwide. Arthur
Blank's cards are currently being utilized as secure credit cards -- Visa and
MasterCard; bank cards; healthcare and insurance cards; ID, security and
access cards; gaming and hotel cards; driver's licenses; membership and gift
cards, among others.
    "We are very optimistic about this partnership," says Norman Gardner. "The
agreement is renewable for up to five years based on reaching specific
milestones."
    ABOUT THE COMPANIES
    LaserLock Technologies Inc., based in Bala Cynwyd, PA., is publicly-traded
on the OTC-BB under the ticker symbol "LLTI". The Company markets security
authentication systems to enhance the security of documents and branded
products to meet the growing demand for protection from counterfeiting,
diversion and reproduction on a color copier or scanner. It also markets
security-related products to the casino gaming industry worldwide.
(http://www.laserlocktech.com).
Arthur Blank & Co., founded in 1934, has evolved into one of the largest
worldwide providers of plastic cards, serving government, financial and
commercial customers. Arthur Blank & Co., located in Boston and Tennessee, is
a global provider of specialty printing, secure credit card and integrated
card solutions. It's parent company, American Banknote Corporation, operates
plants worldwide in Brazil, Argentina, Australia, New Zealand, France and the
Czech Republic.
    FORWARD LOOKING INFORMATION
    The foregoing contains forward-looking information within the meaning of
The Private Securities Litigation Act of 1955. Such forward statements involve
certain risks and uncertainties. Actual results may differ materially from
such forward-looking statements (a summary of which may be found in the
Company's Annual R on Form 10-KSB for the year ended December 31, 2007 and the
Company's Quarterly Report for the quarter ended March 31, 2008, in each case,
under the caption ("Risk Factors"). The Company does not undertake to publicly
update or revise its forward-looking statements even if experienced or future
changes made it clear that any projected results (expressed or implied) will
not be realized.
SOURCE  LaserLock Technologies Inc.

Norman A. Gardner of LaserLock Technologies Inc., +1-610-668-1952
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