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CONTACT: e-Smart® Media Relations
703-768-7477
or
Kirk Brewer
214 213-5495
e-Smart® and SES Systems Join Forces
Leader in Biometric Smart Cards to Team With Leading Systems Integrators
Washington DC and Singapore, April 26, 2005
/PRNewswire-FirstCall via COMTEX/ -- e-Smart® Technologies, Inc.
(OTC Pink Sheets: ESMT), ("e-Smart®" or the "Company")
is pleased to announce that it has entered into a "Teaming Agreement"
with SES Systems Pte Ltd., (SES), a wholly owned subsidiary of Singapore
Technologies Electronics Limited (ST Electronics). SES is a leader in
systems integration with a focus on Homeland Security systems, Enterprise
solutions and defense C2 applications.
e-Smart® is the exclusive provider for Asia and the US of the Biometric
Verification Security System ("BVS2), featuring the Super
Smart Card, which experts believe to be the world's only commercially
available smartcard with a full on-card system for biometric ID verification
and the Super Smart Passport, the world's first digital passport that
authenticates the passport holder's identity via an on-board fingerprint
sensor and biometric matching system wirelessly powered, with no physical
connection required.
Pursuant to the terms of the Agreement, the parties will cooperate on
identifying projects on an international basis to capitalize on the unique
biometric and other security technologies and systems developed by e-Smart®
and on the strength of SES' track record in producing integration solutions
and successful partnerships in the region and around the world. The parties
are already in discussions for projects in Singapore and a number of other
countries.
Commenting on the "Teaming Agreement," Chang Yew Kong, President
of SES said, "We understand how important it is to keep personal
identity information secure while using such information to protect information
access from security threats, financial theft and fraud. Connecting with
e-Smart®'s advanced biometric verification system we will provide the technological
advantage that is so necessary in protecting day-to-day transactions and
ensuring the safety of property from security threats.
Mary Grace, President and CEO of e-Smart® responded to Mr. Chang's encouraging
remarks saying that, "it is such an honor for e-Smart® to have the
opportunity to collaborate with such a distinguished organization as SES.
The company's accomplishments in Homeland Security and other areas are
quite impressive and we anticipate a long, productive and successful relationship
with SES."
About SES
SES Systems, a wholly owned subsidiary of Singapore Technologies Electronics
Limited, started operations in 1986 and has since emerged as the leading
systems house in the region for mobile / real-time decision support systems.
A key C2I (Command, Control & Intelligence) solutions provider, SES
Systems focuses primarily on providing superior Defence C2I Applications,
Homeland Security systems and Enterprise solutions to both civil and defence
customers worldwide. SES Systems' activities range from consultancy to
design, development, systems integration, commissioning and life-cycle
support of operational systems.
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®technologies.com.
© 2005 PR Newswire. All rights reserved.
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