MAXxess Systems Inc. Completes Management Buyout

Anaheim, CA — October 9, 2003 — MAXxess Systems Inc. announced that it has completed the purchase of the company's assets and certain liabilities from Iteris Holdings Inc. (formerly Odetics).

The assets, which include the inventories, capital equipment, and intellectual property of MAXxess Systems and MAXxess Systems Europe Ltd. was purchased through a management buyout. Wes Appleby, President and CEO of MAXxess stated: "Prior to the acquisition MAXxess was part of a multi-divisional business operation that operated in several diverse markets. This acquisition will allow us to operate MAXxess as a stand-alone business. Our objectives have not changed, we will continue to focus on customer support and product development of next generation security management systems."

Appleby added: As part of the transaction, MAXxess has entered into an agreement with Iteris to provide interim services and facilities. "Our number one priority is supporting our customers. Staying in our Anaheim headquarters allows us to transition the business without interruption."

About MAXxess

MAXxess designs and manufactures integrated security management systems. There are over 6,000 MAXxess systems currently in operation that provide modular, scalable solutions to companies and governments around the world. MAXxess was the first manufacturer to introduce 'environmental security systems', a new class of security management systems. These systems provide solutions that detect toxic chemicals, biological, radiological and nuclear (CBRN) threats for companies, large complexes and entire cities. MAXxess has recently developed, Safe Cities™, the highest-level security system with command and control architecture that integrates municipal traffic and transportation centers with various city infrastructure security systems.