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MIKOH Names Ian Clark as Chief Financial Officer


October 28, 2009

The Board of Directors is pleased to announce the appointment of a new CFO to the management team. Prior to joining MIKOH, Ian Clark was a senior partner at PriceWaterhouseCoopers, specialising in performance improvement consulting. He completes a solid team at MIKOH committed to driving forward revenues. Ian’s expertise lies in corporate finance, business strategy and planning, and implementing solid reporting systems, which are perceived to be critical to MIKOH’s current stage of development.

Ian Clark commented “I’m delighted to join MIKOH. I’ve recently spent time in the US with MIKOH management reviewing the business. I’m impressed with the calibre of the team and am confident that we have a solid business base and an exciting momentum on which we will build in the coming year and beyond. My focus will be on implementing systems that will enhance current business development activity and bring commercialisation to fruition.”

Matt Blomfield, MIKOH Managing Director said, “Ian’s specific experience in advising< ASX100 companies on strategies for, and value of, intangible assets including brands, patents, R&D and technologies will be invaluable to MIKOH as we look to leverage our technical advantage in the market. His hands-on, systems based approach will be a great assistance to MIKOH in realising full commercial value from our powerful intellectual property position.”

Ian Clark spent 24 years with PriceWaterhouseCoopers/Coopers & Lybrand (PWC), including ten years as a partner. Prior to becoming partner Ian was a consultant to the Director of Corporate Finance in Sydney, and had stints in New York and Silicon Valley in California. He successfully led PWC’s Sydney Growth team that helps clients grow< sales by improving the performance of their sales and service channels.

About MIKOH: MIKOH Corporation Limited is a leading provider of physical security and digital marking solutions and consulting services. The company works with customers to design and implement physical security solutions to track, seal and/or monitor valuable assets. Both RFID and non-RFID in nature, MIKOH solutions align proper business processes and labeling technologies to ensure assets are effectively managed with certainty.

MIKOH’s Smart&Secure tamper-evident technology provides physical security certainty for RFID tags. Physical security for RFID is vital in applications where the compromise of sensitive assets results in commercial and/or revenue loss. These applications include government asset tracking, vehicle identification, pharmaceutical distribution and more.Smart&Secure is flexible, scalable and easily integrates into any RFID system.

MIKOH has offices in Melbourne and Sydney in Australia, and McLean, VA and New York, NY in the USA. For more information, visit the company’s website at http://www.MIKOH.com.

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