Press Release

Source:


e-Smart® Technologies CEO to be Featured Speaker
at 2nd Asia IC Card Forum

Oct 22, 2004 /PRNewswire-FirstCall via COMTEX/ — e-Smart® Technologies, Inc. (OTC Pink Sheets: ESMT; "e-Smart®" or the "Company") announced that, Mary Grace, the company's President and CEO, will address Asian and international experts at the second Asia IC Card Forum (AICF), in Singapore. This event, by invitation only, will be held October 26 - 28, 2004, in Singapore (http://www.go2event.net/events/aicf/AICF-index.html). Ms. Grace's presentation will be on October 27.

In June 2004, four founding countries (China, Japan, Korea and Singapore) inaugurated the first Annual General Meeting to launch the AICF. e-Smart®'s Ms. Grace was the only executive from a US company to address the Forum, and the only speaker on biometrics and the advanced match-on-card technology of e-Smart®'s Super Smart Card™ system.

The AICF is an Asia/Pacific-wide initiative is to promote integrated circuit (IC) card-based common platforms across member countries, and to advance the region into the next era of IC-enabled e-government, e-society and e-economy tools. This potential multibillion-dollar Asia Pacific market comprises a population of 2 billion - 1/3 of the world, and GDP of US$6.5 trillion - 1/4 of the world GDP. Eventually, there is also intention to broaden the cooperation on standards with the United States and Europe.

At the Forum, Ms. Grace will discuss the e-Smart®'s revolutionary Biometric Verification Security System™ (BVS2™) featuring the Super Smart Card™. e-Smart®'s Super Smart Card™ is believed by experts to be the world's first and perhaps only commercially available ISO standard-based, interoperable, multi-application, biometric smart card with a full on-card biometric matching system and personal on-card biometric sensor. The card has both contact and wireless compatibility and provides complete protection against identity-based crimes as well as protection against theft or fraud due to misidentification. The Super Smart Card™ also protects the privacy of the user.

Ms. Grace will also discuss the company's Super Smart Passport™, which experts believe to be the first and perhaps only market-ready "e-passport" that authenticates its holder's identity via its own on-board fingerprint sensor and on-board biometric matching system, both powered wirelessly.

Conference attendees will also hear presentations on the latest status of IC technology in Asia by Mr. Yu Chien Siang, Ministry of Home Affairs, Mr. Poh Young Peng, Civil Aviation Authority of Singapore, Mr. Dennis Quek, Singapore Immigration & Checkpoints Authority and Mr. Han Ho-Hyeorn, KEPIA, Korea. Other presenters include Mr. Brad Wing of the United States Department of Homeland Security and Mr. Philippe Melchior, speaking on French Passport Policy. Other industry attendees include IBM, Sun Microsystems, Phillips, Infineon, Sharp, EDS, Unisys, Iridian, DigiSAFE, Giesecke & Devrient, Obethur and Gemplus, among others.

Singapore is currently chairing the Standards Working Committee of this Forum lead by Singapore's Infocomm Development Authority along with other experts from Singapore's national IT Standards Committee and Singapore's Cards and Personal Identification Technical Committee.

"It is an honor," said Ms. Grace, "for e-Smart® Technologies to be invited again to participate in this most important forum - to have the opportunity to share our advanced biometric technology with the world's distinguished experts, government officials and leading corporate representatives. It is through this kind of forum, where advanced technologies are presented, that nations will decide upon standards to provide the safety and security necessary for a successful 'One Card One Asia, and A Safer World'.

About e-Smart®
e-Smart® Technologies seeks to be the leading provider of high technology security systems that can be used to combat fraud and terrorism. e-Smart® products such as the BVS2™ (Biometric Verification Security System™) interoperable secure platform, working with the Super Smart Card™ subsystem and now, the Super Smart Passport™, subsystem enable government agencies and commercial enterprises to continuously and securely verify, certify and manage identification and access of citizens, personnel, customers and any other persons seeking physical or logical access. e-Smart® Technologies offers what it believes to be the highest form of identity based and credential based security available with no profiling or erosion of civil rights.

SAFE HARBOR STATEMENT
Statements in this news release that relate to future plans, financicl 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® Technologies, please contact Kirk Brewer at 214-213-5495 or e-Smart® Media Relations at 703-768-7477 or mediarelations@e-Smart®technologies.com.