Innovative Card Technologies Inc.

Richard J. Nathan founded JigSaw tek, Inc. in May 2001, where he served as the Chief Executive Officer until 2005. The company marketed high-end, integrated circuit packaging solutions using proprietary, patent-pending embedded silicon technology. Since that time, Mr. Nathan has pursued personal and professional interests and investments in various technology industries. Mr. Nathan earned his bachelors degree from Denver University and completed his graduate studies at Adelphi University

Harry (Nick) L. Tredennick III serves as an editor for Gilder Publishing where he also writes the Gilder Technology Report on leading-edge components and speaks on topics related to semiconductors, dynamic logic, reconfigurable systems and MEMS (microelectromechanical systems). He has held this position since August 2000. From July 1988 to the present, Dr. Tredennick has also served as the President of Tredennick, Inc. which provides consulting services on custom and semicustom VLSI CPU design and reconfigurable systems and analyzes microprocessor industry trends. Dr. Tredennick is a board member of Patriot Scientific Corporation. Dr. Tredennick received his Ph.D. in Electrical Engineering from the University ofTexas, Austin. He received his MSEE and BSEE in Electrical Engineering from Texas Tech University.

Mr. Scott V. Ogilvie , age 53, has served on our board of directors since April 12, 2007. Mr. Ogilvie is President and CEO of Gulf Enterprises International, Ltd, ("Gulf") a company that brings strategic partners, expertise and investment capital to the Middle East and North Africa. He has held this position since August of 2006. Mr. Ogilvie also serves as Chief Operating Officer of CIC Group, Inc., an investment manager, a position he has held for the last five years. He began his career as a corporate and securities lawyer with Hill, Farrer & Burrill, and has extensive public and private corporate board experience in finance, real estate, and technology companies. Mr. Ogilvie currently serves on the board of directors of Neuralstem, Inc. (AMEX:CUR), Innovative Card Technologies, Inc. (NASDAQ:INVC) and Preferred Voice Inc, (OTCBD:PRFV).

Mr. Scott V. Ogilvie , age 53, has served on our board of directors since April 12, 2007. Mr. Ogilvie is President and CEO of Gulf Enterprises International, Ltd, ("Gulf") a company that brings strategic partners, expertise and investment capital to the Middle East and North Africa. He has held this position since August of 2006. Mr. Ogilvie also serves as Chief Operating Officer of CIC Group, Inc., an investment manager, a position he has held for the last five years. He began his career as a corporate and securities lawyer with Hill, Farrer & Burrill, and has extensive public and private corporate board experience in finance, real estate, and technology companies. Mr. Ogilvie currently serves on the board of directors of Neuralstem, Inc. (AMEX:CUR), Innovative Card Technologies, Inc. (NASDAQ:INVC) and Preferred Voice Inc, (OTCBD:PRFV).

W. Robert Ramsdell was appointed a Director of InCard in June of 2007. Mr Ramsdell has been engaged in private investments in micro cap companies since 1990. From 1973 until his retirement in 1990, he was senior partner, Director of Research and Office Manager of Cantor Fitzgerald & Co. in Los Angeles, engaged in the institutional equity business. Mr Ramsdell has been a Board member of Insignia Systems, Inc. (ISIG) since 1998 and a financial advisor to many companies including Occupational Urgent Care Health Systems (OUCH) and Preferred Voice (PRFV).