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Security Source Sustains Rapid Growth - Announces New Corporate Headquarters

Leading Provider of Loss Prevention Solutions Relocates Headquarters to Support Company Growth

ANDOVER, MA - September 5, 2003 - Security Source Inc., the retail industry leader in intelligent loss prevention solutions, today announced that it will be relocating its corporate headquarters from Peabody, Massachusetts to Andover, Massachusetts. The new 41,000 square foot space provides Security Source with the opportunity to dramatically increase its employee-base and ultimately maintain the company's rapid growth and leadership position in the loss prevention industry.

The new corporate headquarters located at 200 Minuteman Park in Andover is one of the premier office spaces in the suburban market. It features immaculate landscaping, patios and a pond complete with a fountain.

"The firms that are growing and driving the suburban commercial market tend to be cutting-edge technology firms such as Security Source" said Nordblom Company Vice President and Property Manager, David Gilkie. "We believe this space will provide the flexibility required as Security Source expands their employee base and incurs unprecedented company growth."

"Due to the overwhelming response to VeriTraks and the increased demand from retailers for innovative loss prevention solutions it became evident to me that to remain successful we needed to increase the quality of our workspace and add to our workforce." explains founder and CEO David Guttadauro. "I am pleased to be moving Security Source to 200 Minuteman Park. In addition to being one of the premier office locations in suburban Boston, the new office space can adequately handle our planned growth and will enable us to continue providing the finest loss prevention products and services."

The move to new corporate headquarters comes on the heels of two other significant announcements made by the company earlier this year. In May, Security Source secured $15 million in funding from Silicon Valley-based Technology Crossover Ventures (TCV), the leading provider of growth capital to late-stage private and public technology companies. Also occurring in May was the acquisition of Reputation Technologies, an advanced analytics software and technology company, based in Somerville, Massachusetts.

About Security Source
Security Source is helping the nation's retailers combat the $50 billion problem of inventory shortage. As the retail industry's leading provider of intelligent loss prevention solutions, Security Source delivers products and services with the ability to: aggregate data; analyze information; predict where theft will occur; and prevent it from happening - saving leading retailers millions of dollars each year. The company's comprehensive product line includes over 200 products, and it counts 180 of the top 200 U.S. retailers as its customers. To learn more, visit: www.securitysource.com.