Intellicheck Mobilisa Announces Executive Changes

  Intellicheck Mobilisa Announces Executive Changes

  By unanimous direction of Board of Directors, Dr. Nelson Ludlow Appointed
 President and CEO and Admiral Michael D. Malone Appointed Chairman Effective
                                 Immediately

Business Wire

PORT TOWNSEND, Wash. -- November 13, 2012

Intellicheck Mobilisa, Inc. (NYSE MKT: IDN) (the “Company”), a global leader
in access control and wireless security systems, by unanimous direction of the
Board of Directors, today announced Dr. Nelson Ludlow, the Company’s Chairman
of the Board of Directors, will now serve as President and Chief Executive
Officer, effective immediately. He replaces Steve Williams as President and
CEO, who was separated from the Company. Dr. Ludlow, who previously served as
President and CEO of Mobilisa as founder from 2001 through 2008, and President
and CEO of Intellicheck Mobilisa from the merger in 2008 to March 2011, will
now be leading the Company’s overall vision, strategic growth and product
development. Michael D. Malone, Vice Admiral, US Navy, Retired, who was
appointed to the Company’s Board of Directors in June 2011, will serve as
Chairman of the Board of Directors, effective immediately.

Dr. Ludlow said, “I look forward to serving once again as President and CEO at
Intellicheck Mobilisa, particularly at this critical time. The Company has
superior technology in the identity and wireless industries and we plan to
reemphasize innovation and new product development. Our goals are to expand
our product lines, partnerships and our customer base. I am also extremely
enthusiastic about the appointment to Chairman of Admiral Malone, who has
provided essential strategic guidance to the Company as a member of the Board.
He has a wealth of experience both in the Navy and in the corporate world,
growing a company that was successfully acquired by Boeing.”

Dr. Ludlow has over 30 years’ experience in software development for the
military and corporate sectors. While in the Air Force, Dr. Ludlow served as a
mathematician, a pilot, an intelligence officer at the National Air
Intelligence Center, Technical Director for Artificial Intelligence at USAF
Rome Laboratory, Assistant Professor of Computer Science at the Naval
Postgraduate School, and the Director of Technology and Services for Radar
Evaluation Squadron. In the corporate sector, Dr. Ludlow served as the
Director of C2 Modeling for SAIC, Chief Scientist for the ORINCON Corporation
and Chief Technology Officer for Ameranth Wireless. He holds a Ph.D. in
Artificial Intelligence from the University of Edinburgh, Scotland and
Post-Doctoral research in Computer Science at the University of Cambridge,
England.

Admiral Malone said, “With its robust product portfolio and the right
leadership, Intellicheck Mobilisa has the right ingredients for organic
growth. I am grateful to oversee this progress as Chairman, and I look forward
to working more closely with Nelson as he once again takes the reins as
President and CEO. I and the rest of the Board are confident that with his
leadership, the Company is on the right track for success over the coming
years.”

Admiral Malone serves as a technical advisor and consultant to Pequot Capital,
a venture capital firm, and Environmental Tectonics Corporation (OTCQB: ETCC),
a high technology simulation and manufacturing company. He also recently
joined the board of directors at Environmental Tetonics Corporation. He has
conducted various due diligence projects in support of Pequot
investments/acquisitions and has developed a government marketing strategy for
ETC. Prior to joining Skarven Enterprises (now Kestrel, a division of The
Boeing Company) in 2004, Admiral Malone served 34 years in the US Navy. As a
Naval Aviator, he commanded a Strike Fighter Squadron, a Navy replenishment
ship, a nuclear powered aircraft carrier (USS Enterprise) and an Aircraft
Carrier Strike Group. His final two assignments were in the leadership of
Naval Aviation, including two years as Commander, Naval Air Forces (CEO for
Naval Aviation). He is a 1970 graduate of the United States Naval Academy. His
graduate education includes the Navy Nuclear Propulsion Program, and studies
at the National Defense University, Harvard University, and The George
Washington University.

About Intellicheck Mobilisa

Intellicheck Mobilisa is a leading technology company that is engaged in
developing and marketing wireless technology and identity systems for various
applications, including mobile and handheld access control and security
systems for the government, military and commercial markets. Products include
the Fugitive Finder system, an advanced ID card access control product
currently protecting approximately 100 military and federal locations; ID
Check, a patented technology that instantly reads, analyzes, and verifies
encoded data in magnetic stripes and barcodes on government-issued IDs from
U.S. and Canadian jurisdictions, designed to improve the Customer Experience
for the financial, hospitality and retail sectors; and Aegeus, a wireless
security buoy system for the government, military and oil industry. For more
news and information on Intellicheck Mobilisa, please visitwww.icmobil.com.

Safe Harbor Statement

Certain statements in this press release constitute forward-looking statements
within the meaning of the Private Securities Litigation Reform Act of 1995, as
amended. When used in this press release, words such as “will,” “believe,”
“expect,” “anticipate,” “encouraged,” and similar expressions, as they relate
to the company or its management, as well as assumptions made by and
information currently available to the company’s management identify
forward-looking statements. Actual results may differ materially from the
information presented here. Additional information concerning forward-looking
statements is contained under the heading of risk factors listed from time to
time in the company’s filings with the SEC. We do not assume any obligation to
update the forward-looking information.

Contact:

Dian Griesel Inc.
Investor Relations:
Dillon Heins, 212-825-3210
or
Media Relations:
Enrique Briz, 212-825-3210
 
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