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ACTIVCARD COMPLETES ACQUISITION OF SAFE DATA SYSTEMS
New team brings Microsoft and Checkpoint expertise

Suresnes, FRANCE, July 5, 2001 -- ActivCard (Nasdaq:ACTI; Nasdaq Europe: ACTI), a leading provider of digital identity management products and technology, today announced it has completed the acquisition of Safe Data System.

"Having worked closely with Safe Data System over the past several years and experiencing their extensive expertise in authentication and access control technologies and systems, we look forward to their contributions as part of the ActivCard team," commented Yves Audebert, Vice Chairman, Chief Operating Officer and President of ActivCard. "We have high expectations of our new team members as they will play key roles in delivering new features and capabilities to our product line."

The Safe Data System acquisition brings a wide range of valuable skills and knowledge of Microsoft network environments and development Application Programming Interfaces (APIs), Checkpoint access control and VPN systems and experience with supplementary personal computing devices. Additionally, the team brings strong relationships with several new European distribution and reseller partners.


About ActivCard

ActivCard, a leader in digital identity and electronic certification technology, delivers core components required to enable next generation e-Business communications and transactions. ActivCard solutions, in conjunction with the applications support for public key-based data confidentiality, and integrity, allow individuals and businesses to perform secure online transactions over the Internet with the ease-of-use of an ATM transaction. Today, more than 2 million people use ActivCard products for secure Internet banking, Web access and remote access to corporate networks. ActivCard is headquartered in Fremont, California, with worldwide operations in France, Germany, Japan, Sweden, Singapore, and the United Kingdom.

ActivCard™ is a registered trademark of ActivCard S.A. in the United States and in other countries.

This press release may contain forward-looking statements, which reflect management's best judgment based on factors currently known. Such statements are subject to certain risks and uncertainties, which could cause actual results to differ materially from those in the statements included in this press release. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof.