2008
Thu
Feb
7

e-Smart(R) Technologies Delivers Its New Super Smart Card(TM) in South Korea.

NEW YORK, – e-Smart(R) Technologies, Inc., (Pink Sheets: ESMT); with its parent company IVI Smart Technologies, Inc. (“e-Smart”(R) or the “Company”) is pleased to announce that it has delivered the Company’s newest Super Smart Card(TM), the “I AM”(TM) to Hubro Co., in South Korea.

Both companies celebrated the delivery of the “I AM”(TM) card during a ceremony that was held at e-Smart’s(R) Marketing Center in Seoul, Korea presided over by Mr. Teawon Park, the CEO of Hubro, and Daniel Park, e-Smart’s(R) Executive Director in Korea, with e-Smart(R) Korea and Hubro executives in attendance. e-Smart’s(R) newest Super Smart Card(TM), the “I AM,”(TM) will be utilized in Hubro’s security access control and on-line internet security, and additional applications can be added in the future.

Richard Kim, the Managing Director of e-Smart(R) Korea said, “This is a very big day for e-Smart(R). Our outstanding inventors and talented team of engineers have accomplished a major milestone in the production of our new e-Smart(R) Super Smart Card(TM) and we are all very proud of their hard work, persistence and determination to achieve this important milestone.”

Mary Grace, CEO of e-Smart(R) said, “I am so very proud of all of our great e-Smart(R) team who have achieved this major milestone. We are eager to begin an aggressive rollout schedule to start fulfilling all of the Company’s revenue producing contracts in Korea, Asia and around the world, and meeting our goal of creating substantial shareholder value from the revenues produced by these contracts.”

e-Smart(R) Technologies, Inc., is the exclusive supplier of the Biometric Verification Security(TM) (BVS2(TM)) system, the “I AM”(TM) card and the Super Smart Card(TM) system and related system technologies for Asia, Africa and the U.S., which e-Smart(R) believes to be the world’s first smartcard of its kind with an on-card sensor and a full match on-card system and other unique technologies for secure biometric ID verification. e-Smart’s(R) next generation technologies allow governments, public and private institutions, healthcare providers and insurers, companies large and small, to provide a superior level of protection. The “I AM”(TM) card, Super Smart Card(TM) system and BVS2(TM) security system can secure countries from criminal and terrorist threats, stop ID and payment fraud, along with identity theft in connection with physical and logical access and financial transactions, including telephone, Internet payment and other financial and data related transactions all while protecting individual privacy.

SAFE HARBOR STATEMENT
Statements in this news release that relate to future plans, financial results or projections, events or performance are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. While these statements are made to convey to the public the Company’s progress, business opportunities and growth prospects, readers are cautioned that such forward-looking statements represent the management’s opinion. While management believes such representations to be true and accurate based on information available to the Company at this time, actual results may differ materially from those described.
For more information about e-Smart(R) Technologies, please visit http://www.e-smart.com or contact Media Relations at 703-768-7477 or media@e-smart.com
e-Smart Technologies, Inc.


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