SOURCE: Sequiam Corporation

July 28, 2006 08:00 ET

Sequiam Biometrics Ships First Batch of $2.25-Million Purchase Order for BioVault 2.0

ORLANDO, FL -- (MARKET WIRE) -- July 28, 2006 -- Sequiam Corporation (OTCBB: SQUM) through its wholly owned subsidiary Sequiam Biometrics, Inc. (http://www.sequiambiometrics.com), a leading provider of biometric technology and services, announced today that the Company has shipped the first delivery on a $2.25-million purchase order for BioVault 2.0 from Davenport Sales International in Austin, Texas.

The purchase order for a total of 10,000 (ten thousand) units of the BioVault was announced May 18, 2006. The BioVault 2.0 is a storage safe that can be opened only by unique fingerprint using a proprietary technology developed by Sequiam Biometrics. The vault -- a state-of-the-art safety storage unit made specifically for consumer and small business use -- is being manufactured in China. The current shipment comprises a container of 936 BioVaults and related accessories.

For a look at the new BioVault 2.0, see a QuickTime movie by clicking on this link: http://www.sequiam.com/downloads/BIOV2.mov.

Kevin Henderson, President of Sequiam, stated, "We are very pleased with the timely delivery of our BioVault product. It establishes that we are well positioned to meet the growing demand for our high-security products. Through years of research and development, we have created high-security biometrics technologies specifically designed and priced for consumer and small business needs. We are delighted they are finding an enthusiastic response in the marketplace."

About Sequiam Corporation

Headquartered in Orlando, Florida, Sequiam Corporation develops, markets, and supports a portfolio of highly robust proprietary security, OEM and Biometric solutions. In addition, Sequiam provides research and development services for the biometric industry worldwide. Sequiam's solutions incorporate low-cost, high-volume manufacturing processes indicated for the consumer and small business markets. Sequiam is a global company with offices in Taiwan, China and South Africa. For more information, please visit www.sequiam.com.

Certain statements in this press release that are not historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may be identified by the use words such as "anticipate," "believe," "expect," "future," "may," "will," "would," "should," "plan," "projected," "intend," and similar expressions. Such forward-looking statements, involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements to be materially different from those expressed or implied by such forward-looking statements. The Company's future operating results are dependent upon many factors, including but not limited to the Company's ability to: (i) obtain sufficient capital or a strategic business arrangement to fund its expansion plans; (ii) build the management and human resources and infrastructure necessary to support the growth of its business; (iii) competitive factors and developments beyond the Company's control; and (iv) other risk factors discussed in the Company's periodic filings with the Securities and Exchange Commission, which are available for review at www.sec.gov under "Search for Company Filings."

Consulting For Strategic Growth1, Ltd. ("CFSG1") provides Sequiam Corporation with consulting, business advisory, investor relations, public relations and corporate development services. Independent of CFSG1's receipt of cash compensation from Sequiam, CFSG1 may choose to purchase the company's common stock and thereafter liquidate those securities at any time it deems appropriate to do so.

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