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CONTACT: e-Smart® Media Relations
703-768-7477
e-Smart® Technologies, Inc., Announces
Next Generation Superthin Polyimide Flexible Circuit Biometric Super Smart
Card™ card,
the “i am”™ Card.
New York, January 8, 2008 /PRNewswire-FirstCall
via COMTEX/ — via COMTEX — e-Smart® Technologies, Inc.,
(Pink Sheets: ESMT); and its parent IVI Smart Technologies, Inc., (“e-Smart®”
or the “Company”) are pleased to announce that in December
2007, the Company completed manufacture and testing of its next generation
superthin polyimide flexible circuit biometric card. The name of the new
card is “i am.”™
The Company has now established the production infrastructure for its
next generation of Super Smart Card™ cards in Korea. The new “i
am”™ Super Smart Cards are made with a super adhesion technology
and a superthin polyimide flexible circuit that is produced by a continuous
in-line manufacturing process. The new “i am”™ cards
have a super strong adhesive substrate that secures its external surface
to its internal circuitry which is anchored into a plastic substrate body
in the plastic material of the card’s main body. The embedded MPU
instantly verifies the identity of the cardholder by comparing the cardholder’s
fingerprint to the registered and encrypted fingerprint template stored
in the card and the processor simultaneously communicates with ISO’s
standardized card readers and other devices. The new superthin polyimide
flexible circuit with super adhesion technology and infrastructure enables
our new “i am”™ cards to be produced at lower costs,
while providing higher security and what experts believe to be a tamper
proof card body and counterfeit proof smart card.
The new Super Smart Card will be marketed under the Company’s “i
am”™ trademark. Photographs of the “i am”™
card can be found on e-Smart’s website at www.e-smart.com.
In October of 2007, the Company was awarded U.S. Patent No. 7,278,025
covering aspects of the “i am”™ card and has other patent
applications pending. The Company has established its manufacturing and
production process capability in Korea, considered the leading country
in the use of credit card and security cards.
Tamio Saito, CTO of e-Smart said “I am honored to be part of such
a dedicated group of men and women who understand that the future safety
and security of the world may depend on our efforts today. Many hours
were expended by a very talented and dedicated team of engineers to create
this cutting edge new “i am”™ Super Smart Card™
technology, and I feel sure that it will have a beneficial impact and
make a very positive difference in the world.”
Mary Grace, CEO of e-Smart said “This is a major development for
the Company. While our great team of inventors and engineers has always
strived to continually improve our original Super Smart Card™ design,
the advances made with the newest next generation “i am”™
Super Smart Card™ far exceed our early expectations. It is my belief
that with the “i am”™ card to protect people’s
identity, safety and security, they will be able to say, with confidence
and empowerment - “i am”™ safe, “i am”™
secure, “i am”™ cleared,—“i am”™
a voice to be heard, “i am”™ somebody, “i am”™
important — “i am.”™”
e-Smart® Technologies, Inc., is the exclusive supplier of the Biometric
Verification Security™ (BVS2™) system, the “i am”™
card and the Super Smart Card™ system and related system technologies
for Asia, Africa and the U.S., which e-Smart® 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® 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”™ card, Super Smart Card™ system and BVS2™
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® Technologies, please visit http://www.e-smart.com
or contact Media Relations at 703-768-7477 or media@e-smart.com
SOURCE e-Smart® Technologies, Inc.
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