MOBICLEAR INC 
By As we leave the hectic year of 2008, and look forward to an improving worldwide economic picture in 2009, it is good to take a look at where we are, and the direction in which we are headed.
mobiclear starts 2009 much different than how it began 2008. A new CEO, COO, CFO and other management changes, including the important addition of the Chief Information Officer (CIO), have brought a new, fresh, positive look to the business.
We have undertaken an aggressive program to strengthen and enhance the scalability of the mobiclear personal identification verification technology. This technology is being branded under the name PIVOT, to emphasize that it provides "Personal Identification Verification On - Time." The enhanced technology is intended for use in relatively small local functions as well as major, international applications. PIVOT significantly enhances the security of transactions since it provides "out of channel authentication," or "ooca," otherwise known as "out of band authentication," or "ooba" using two independent communication channels. OOCA/OOBA is more secure than the traditional "two factor authentication" using a simple token, that still traverses the single channel of the Personal computer.
In addition to the PIVOT product, we are excited about developments in the integration of Voice over Internet Protocol (VoIP) to the PIVOT system. This offers cost and reliability benefits over the traditional public telephone distribution system. VoIP provides more timely connection and transaction message delivery than SMS based systems. We have made appreciable progress with providers to ensure reliable and cost effective service levels. We continue to work with providers to strengthen this method.
The global financial system crisis has caused some potential clients to focus on loss prevention and mitigation. This provides mobiclear with enhanced opportunities, since clients are seeking to provide more security to on-line banking, credit/debit card transactions and other electronic funds transfers. Our recent discussions with potential clients have shown strong interest in the PIVOT system. We are currently meeting with a number of clients, who are very interested in integrating PIVOT with their current hardware/software, and moving toward the signing of agreements for further project development and implementation.
To help secure client systems, mobiclear is developing additional security appliances based on the products acquired from Bastion Payment Systems. These leading edge appliances will be ready for testing in the second quarter of 2009 and include a firewall that will reduce risks of database and network compromise by acting as a barrier to "infections" and breaches from outside sources and an "anti-DDOS system," that reduces risks of distributed denial of service attacks, which can cripple or destroy on-line businesses.
Overall, the future looks bright. The PIVOT, combined with the firewall, and anti-DDOS appliances, will result in a much more robust product line, and we expect that commercial installation should be available in Q2 2009. The Company structure remains strong. It should be a good year, and a good future. We want to thank those shareholders who have stayed with mobiclear and we look forward to introducing the Company to a new group of stakeholders in 2009.
Sincerely,
Stephen P. Cutler
CEO
ABOUT mobiclear: mobiclear Inc. (OTC BB: MOBI;
This news release may contain "forward-looking" statements. These forward-looking statements are only predictions and are subject to certain risks, uncertainties and assumptions. Actual results may differ materially from the forward-looking statements in this press release. Additional risks and uncertainties are identified and described in the Company's SEC reports. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. The Company does not undertake, and the Company specifically disclaims, any obligation to update any forward-looking statements to reflect occurrences, developments, events, or circumstances after the date of such statement.
CONTACT: mobiclear Inc.
Paul Knopick
E & E Communications
(949) 707-5365
investorrelations@mobiclear.com
pknopick@eandecommunications.com
SOURCE mobiclear Inc.
