VUNC Vuance Ltd Ord Shs (MM)

Services Estimated at $6.2 Million over Next 10 Years ROCKVILLE, Md., Aug. 13 /PRNewswire-FirstCall/ -- VUANCE Ltd. (NASDAQ:VUNCNASDAQ:Euronext), a leading provider of innovative Radio Frequency Verification Solutions, including active RFID, electronic access control, credentialing, accountability and incident response management, today announced that is has entered into a 10-year services agreement with a European International Airport to provide support for the integrated perimeter security system and border control system it is installing on their behalf. VUANCE announced a $13.8 million contract to establish a security and control system at the airport during the third quarter of 2007. This system encompasses VUANCE's own state-of-the-art MASC Passive RFID Electronic Access Control. VUANCE and the airport have now agreed on an additional, 10-year service agreement which includes annual fees of approximately $620,000. In aggregate, the agreement is estimated to be worth $6.2 Million to VUANCE, reflecting the will of the customer for the system to be maintained by VUANCE and adapted for ongoing needs and future threats. "Maintaining access control and security systems for our clients is a very important part of what VUANCE does," stated Eyal Tuchman, Chief Executive Officer of VUANCE Ltd. "The original European international airport contract, as well as other airports contracts VUANCE has signed, demonstrates our ability to provide effective security solutions at international airports and other venues where safety and security of personnel, passengers and facilities are of critical importance. Furthermore, this agreement represents our ability and capability to converge our passive and active RFID technologies into a comprehensive and effective solution. This contract demonstrates the extent to which we continue to support many of our clients' growing needs. Both installing systems and servicing them over the long-term are key elements of our business model, which will enable us to set new sales records in 2008 and achieve operational break-even by the end of the year." About VUANCE Ltd. VUANCE Ltd. develops and markets state-of-the-art security solutions for viewing, tracking, locating, credentialing, and managing essential assets and personnel. VUANCE solutions encompass electronic access control, urban security, and critical situation management systems as well as long-range Active RFID for public safety, commercial, and government sectors. The Company's comprehensive range of products enable our business partners to offer their customers end-to-end solutions that can overcome the most difficult security challenges. Its Incident Response Management System (IRMS) is the industry's most comprehensive mobile credentialing and access control system, designed to meet the needs of Homeland Security and other public initiatives. VUANCE is serious about security. VUANCE Ltd. is headquartered in Rockville, MD. Its common stock is listed on the NASDAQ Capital Market and on the Euronext Exchange under the symbol "VUNC". For more information, visit http://www.vuance.com/. Safe Harbor This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements are subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Statements preceded or followed by or that otherwise include the words "believes", "expects", "anticipates", "intends", "projects", "estimates", "plans", and similar expressions or future or conditional verbs such as "will", "should", "would", "may" and "could" are generally forward-looking in nature and not historical facts. Forward-looking statements in this release also include statements about business and economic trends. Investors should also consider the areas of risk described under the heading "Forward Looking Statements" and those factors captioned as "Risk Factors" in the Company's periodic reports under the Securities Exchange Act of 1934, as amended, or in connection with any forward-looking statements that may be made by the Company. The Company also disclaims any duty to comment upon or correct information that may be contained in reports published by the investment community. DATASOURCE: VUANCE Ltd. CONTACT: Brett Maas of Hayden Communications, +1-646-536-7331, , for VUANCE Ltd. Web site: http://www.vuance.com/

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