CONTACT: e-Smart® Media Relations
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e-Smart® Technologies Delivers Its New Super Smart Card™ on Second Contract in South Korea

NEW YORK, Feb. 20 /PRNewswire-FirstCall/ — e-Smart® Technologies, Inc., (Pink Sheets: ESMT - News); with its parent company IVI Smart Technologies, Inc., ("e-Smart"® or the "Company") is pleased to announce that it has delivered the Company's newest Super Smart™ Card, the "I AM"™ to Hansun Information System Co., Ltd., in South Korea.

Hansun Information System Co., focuses on Value Added Network sales and management, specializing in credit card monitoring and EFT-POS terminals. Hansun and e-Smart® celebrated the contract delivery at an informal ceremony at e-Smart's® Marketing Center in Seoul, Korea.

Mary Grace, CEO of e-Smart® said "this is the second of many contracts we will be fulfilling in the coming weeks and months. As our shareholders are aware, we set an aggressive schedule to roll out our newest Super Smart™ Card, the "I AM," and look forward to providing this extraordinary technology to our clients in Korea, Asia and the world as quickly as possible."

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.