NPLA Inplay Technologies (MM)

InPlay Technologies, Formerly Duraswitch, Begins Trading Today on NASDAQ as 'NPLA' PHOENIX, Ariz., June 15 /PRNewswire-FirstCall/ -- InPlay Technologies (NASDAQ:NPLA), formerly Duraswitch, announced that it has officially assumed its new name and begins trading today on NASDAQ under the symbol "NPLA." Bob Brilon, CEO, InPlay Technologies said, "The InPlay Technologies name more clearly reflects our strategy to expand our technology portfolio." "The Duraswitch brand will continue to represent our patented electronic switch technologies. We will continue to assist our Duraswitch licensees with sales and engineering support," Brilon emphasized. "The Duraswitch technologies were developed and patented internally. Our success in licensing these electronic switch technologies gives us a tremendous base. We are excited about the opportunities to leverage our licensing model with additional proprietary technologies through mergers, acquisitions and royalty sharing agreements." The name change was approved by stockholders at the Company's annual meeting. Stockholders are not required to take any action with respect to the name change and are not required to exchange stock certificates. About InPlay Technologies InPlay Technologies markets and licenses proprietary emerging technologies. The InPlay business model is to bring inventions to market by creating win-win relationships for the inventors and manufacturers through InPlay Technologies. The company was founded to commercialize its internally developed Duraswitch electronic switch technologies, and has executed license agreements with switch manufacturers and OEMs worldwide. Today, the Duraswitch patented technologies are in the controls of a wide range of commercial and industrial applications. InPlay Technologies is focused on building on the Duraswitch foundation and leveraging its licensing model with additional, innovative technologies. Visit http://www.inplaytechnologies.com/ for more information. This news release contains certain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements include, but are not limited to, statements regarding our ability to successfully implement our corporate strategy, our licensees' ability to market and manufacture products using our technologies, our ability to leverage our licensing model with new technologies resulting in additional revenue. Risks and uncertainties that could cause results to differ materially from those projected include lack of market acceptance of our technologies, inability to acquire and commercialize additional technologies, underestimating the length of time required to develop sufficient licensing revenue to create a net profit, unanticipated expenses related to protecting our intellectual property, increased sales and marketing expenses and other uncertainties described from time to time in our documents filed with the Securities and Exchange Commission, including our Annual Report on Form 10-KSB for the year-ended December 31, 2004. These forward-looking statements represent our beliefs as of the date of the press release and we disclaim any intent or obligation to update these forward-looking statements. DATASOURCE: InPlay Technologies, Inc. CONTACT: Heather Beshears, Vice President, Corporate Communications of InPlay Technologies, Inc., +1-480-586-3357, Web site: http://www.inplaytechnologies.com/

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