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e-Smart® Technologies Enters Into Cooperation Agreement to Provide Biometric Smartcard System in Turkey

Las Vegas, Dec 20, 2004 /PRNewswire— e-Smart® Technologies, Inc., (OTC Pink Sheets: ESMT), a leader in biometric smartcard technology, announced today that it recently entered into a Cooperation Agreement with two companies with the goal of providing e-Smart®Õs Biometric Verification Security System (BVS2ª) and Super Smartcardª as a City Smart Card and government smartcard in Turkey, including a National ID Card. The two companies are Olcsan Cad, an information technology provider in Istanbul, and Daewoo International Corporation, a Korean multi-industry company.

Mary Grace, President and CEO of e-Smart® said, "We are pleased to partner with such respected companies as Olcsan and Daewoo International to bring our Biometric Verification Security Systemª ("BVS2"ª) featuring the Super Smartcardª to the people of Turkey. I believe that this partnership is just the first step in a long and successful relationship aimed at providing the people of Turkey a greater sense of safety and security."

Olcsan Cad is heavily involved in the Turkish smartcard market and operates as the IT company of the Olcsan Group, which concentrates its efforts around smartcard projects in banking and non-financial sectors, including the e-government arena, transport, health, access control and security systems.

Daewoo International Corporation is a leading global corporation specializing in international trade, infrastructure, resources and project management. Daewoo is partnered with e-Smart® Technologies through its wholly owned subsidiary, e-Smart® Korea.

e-Smart® is the exclusive supplier for Asia and the US of the BVS2ª platform and the Super Smart Cardª, which e-Smart® believes to be the worldÕs only commercially available smartcard with a full on-card system for biometric ID verification. These new generation technologies permit governments, public and private institutions, healthcare providers and insurers, companies large and small, and citizens and customers, to stop ID and payment fraud, including identity theft, in connection with both physical and logical access and with financial and other data related transactions all without compromising a personÕs right to 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. While these statements are made to convey to the public the CompanyÕs progress, business opportunities and growth prospects, readers are cautioned that such forward-looking statements represent the managementÕs 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. Readers are directed to e-Smart®Õs filings with the Securities and Exchange Commission for a full discussions of risks, uncertainties and other factors that may impact the CompanyÕs forward-looking statements.

For more information about e-Smart® Technologies, please visit
http://www.e-Smart®technologies.com.