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News : February - March 2009 |
e-SMART® NEWS from Korea Office - February - March 2009
The Management and Marketing team in Korea continues to market the "I AM"™ card technology.
1500 cards are currently being finalized with customized printing for delivery for Pilot Projects toVtron Co. Ltd for the Korean Government Welfare/Disabled Card Pilot Project and other companies, which will be detailed in an 8K providing the payment and other details upon delivery.
Letters of Intent (LOI) for Purchase Orders for an aggregate of 2,454,000 "I AM"™ Cards have been signed with the following companies — all of which are dependent upon the implementation and successful completion of Pilot Programs, and the dates of delivery are currently under negotiation.
Harmony Tech Co., Ltd. "I AM"™ RF Combi Card 300,000
Cobalt Ray Co., Ltd., "I AM"™ RF Card 50,000
"I AM"™ RF Card 100,000
"I AM"™ Contact Card 50,000
"I AM"™ Combi Card 100,000
Vtron Co., Ltd., "I AM"™ RF Card —Welfare/Disabled Card 1,000
"I AM"™ RF Card — Seniors Card 1,000
"I AM"™ RF Card —Welfare/Disabled Card 300,000
"I AM"™ RF Card — Seniors Card 200,000
U-Card Korea Co., Ltd. "I AM"™ Combi Card 50,000
"I AM"™ Combi Card 100,000
Think AT Co., Ltd. "I AM"™ Combi Card 50,000
"I AM"™ Combi Card 100,000
"I AM"™ Combi Card 150,000
SCD Co., Ltd. "I AM"™ Contact Card 100,000
"I AM"™ Contact Card 100,000
Jigum & Daum Co., Ltd. "I AM"™ Combi Card 50,000
"I AM"™ Combi Card 50,000
Easy Internet Co., Ltd. "I AM"™ Combi Card 20,000
"I AM"™ Combi Card 180,000
Dowon S & C., Ltd. "I AM"™ RF Card 2,000
"I AM"™ RF Card 400,000
On February 3rd the Company filed an 8K with the SEC announcing Purchase Orders for an aggregate of 90,000 "I AM"™ Cards, RF Super Smart™ Cards and RF Combi Cards for the following Companies in Seoul, South Korea.
Bluentech Co., Ltd., a communication and device company of Seoul, South Korea, on January 30, 2009 for Ten (10,000) Thousand "I AM"™ Card, for Thirty (30,000) Thousand Korean Won per card. There is no fixed date of delivery.
Cobalt Ray Co., Ltd., a payment services company of Seoul, South Korea, on January 29, 2009 for Ten (10,000) Thousand RF Super Smart™ Cards and Ten (10,000) Thousand RF Combi Cards each for Thirty (30,000) Thousand Korean Won per card. Delivery is required on or before August 31, 2009.
Harmonytech Co., Ltd., a system integration and data processing company of Seoul, South Korea, on January 29, 2009 for Twenty (20,000) Thousand RF Combi Cards for 30,000 Korean Won per card. Delivery is required on or before August 31, 2009.
U-Smart Tech, Inc., a system integration company of Seoul, South Korea, on January 30, 2009 for Forty (40,000) Thousand "I AM"™ Card, for 40,000 Korean Won per card. There is no fixed date of delivery.
Direct Link to SEC filing: http://www.sec.gov/Archives/edgar/data/1112999/000119312509017850/d8k.htm
Though the above LOI's and Purchase Orders have been signed and received, the C Company can make no assurance or guarantee that any or all of the above Letters of Intent or Purchase Orders will be consummated or the product ordered delivered.
CeBIT
Show
During
the week of March 3, 2009, the Company was an exhibitor at the CeBIT
2009 in Hanover, Germany. CeBIT is a premier biometric card show and
event, attended by many of the leading makers of biometric cards in
the world today. A video and photos of e-Smart's booth and
Marketing Team in action at the show will be posted on the Company's
website.
e-Smart Booth
at CeBIT (click
here for link to powerpoint presentation)
About CeBIT 2009
CeBIT Profile |
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The
leading business event for the digital world
CeBIT is the world's largest trade fair showcasing digital IT
and telecommunications solutions for home and work environments.
The key target groups are users from industry, the wholesale/retail
sector, skilled trades, banks, the services sector, government
agencies, science and all users passionate about technology. |
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The opening address by California
Governor Arnold Schwarzenegger, representing this year's partner state, set the right tone to kick off
the event. Schwarzenegger's optimistic and determined attitude
strengthened the ICT industry's resolve to capitalize on all the available
opportunities. This spirit of new momentum was felt tangibly by everybody at
the show.
CeBIT's growing role as a key communication forum for the international ICT
sector and its user industries was reinforced at this year's event. Thanks to
the organizers' collaboration with the "CIO colloquium" - an
independent network of Chief Information Officers from leading German enterprises -
CeBIT was able to create an ideal match between supply and demand.
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CeBIT 2009 got off
to a powerful start and ended on a successful note, boosting optimism
in the world ICT industry
A majority
of the 4,300
companies from 69 countries drew fresh optimism from being here
at CeBIT. A huge number of exhibitors and visitors are now leaving Hannover
with a renewed sense of buoyancy as well as bulging order books and
a solid foundation for new business. The show had lived up to their
expectations.
CeBIT's Hot Topics 2009
Webciety
The new Webciety area featured business-oriented
Web applications and business models. This new concept was a real success,
and has broadened the appeal of CeBIT in the corporate sector. Half
of all Webciety exhibitors have already confirmed they will be back
next year.
green
IT
In green IT World, exhibitors from international big business demonstrated
that the deployment of green technologies can result in significant
reductions in corporate cost structures.
eHealth
The TeleHealth congress
and expo featured the use of IT solutions in the health care sector,
while exhibitors at Public Sector Parc presented solutions for greater
efficiency in public administration.
Security
Security World featured discussion and
debate among leading experts on the future challenges in IT security.
The new generation of smart phones, netbooks and navigation systems highlighted future trends for the mobile Internet.
Also during the week of March 3, 2009 at IC Card World (ICCW) the Company demonstrated our latest "I AM"™ technology and product with the Toppan Group.
Pictures and Videos of the show will be put up on the website.
IC CARD WORLD 2009
Smart cards and RFID that vitalize
the city and business
Dates: March 3 - 6, 2009 (Tue. - Fri.)
Venue: Tokyo International Exhibition Center "Tokyo Big
Sight"
"IC CARD WORLD" is the biggest exhibition
in Japan, showcasing products and equipment related to smart cards,
now widely used in various fields such as transport, security and public
administration and an essential infrastructure for daily lives and business.
It also presents services and solutions in different fields utilizing
smart cards.
This 11th year will present 55 companies and organizations. The participants
will be able to actually experience various possibilities of the smart
card - from usage that is already known such as electronic money represented
by "Suica" and credit settlement through to ID cards for employees
and students as well as in office security. This comprehensive exhibition
will offer a business opportunity to communicate with 160,000 users
in different industry sectors including the Distribution industry.
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.
©2009 e-Smart® Technologies, Inc.