NEW YORK
July 5, 2007

New York-based background screening company Verified Person Inc. announces it has received a Series D round of equity funding from an undisclosed group of new investors, and return participation from initial investors. With this round the company plans to expand its sales and marketing organizations as well as focus on product
development.

"We are fortunate to have such a committed group of investors supporting Verified Person," said Verified Person CEO Jim Davis. "This new round of funding provides additional resources to further expand market share in both new and existing markets."

Verified Person is experiencing continued growth due to the increased demand for pre-employment screening from companies of all sizes nationwide. Since the terrorist attacks of 2001, demand for quality pre-employment screening has been on the rise. Verified Person offers the most advanced search technology to help organizations lower risk and keep their workplaces safe from harm.

"We are committed to providing our customers with the most effective and simplest Web-based employee screening tools in the industry," Davis said. "This round of funding will allow the company to focus on improving our technology so that we continue to keep this promise to our customers. In addition, we will use this financing to expand our sales and marketing efforts by adding staff and resources in our New York and Memphis offices."

Verified Person has previously received funding from Rho Capital Partners, Sevin Rosen Funds, John Sculley, Ira Brind, and other leading investors.

"For the past year not only has Verified Person continued to offer customers unique products, but it has implemented an aggressive marketing and brand awareness plan to grow the company," said Jackie Kimzey of Sevin Rosen Funds. "At Sevin Rosen Funds, we are focused on funding these types of companies with differentiated products and services, a strong management team and a potential for significant growth."

About Verified Person
Verified Person provides the industry's most advanced criminal background screening and identity verification services, applying leading-edge technology to traditional search methodologies in order to deliver faster, more accurate results via a simple-to-use Web site. The company's solutions help healthcare, staffing, financial services, retail and other industry organizations to comply with regulation and to mitigate corporate threats such as workplace violence, internal theft and fraud, and
poor employee selection. Verified Person was founded by John Sculley, former CEO of Apple Computer, and Tal Moise. The company is headquartered in New York. More information is available at http://www.verifiedperson.com.