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e-Smart® Technologies Inc., President and CEO, Mary Grace addresses the first Asia IC Card Forum

June 15, 2004 — June 15, 2004 — e-Smart® Technologies, Inc., and its U.S. Government Services Company, Homeland Defense Inc., is pleased to announce that on June 10, 2004, Mary Grace, President and CEO of e-Smart® Technologies, Inc, was the sole U.S. Smart card Systems executive to be chosen to deliver a keynote speech at the Inaugural General Meeting of the First Conference of the Asia IC Card Forum -‘One Card - One Asia‘ in Seoul, Korea.

The Asia IC Card Forum brought together more than 300 scholars and IC Card experts from Korea, China, Japan and Singapore, and from 10 countries around the world as a first step in considering the technical standards and policy issues involved in establishing the one IC card for the four nations and all of Asia. Some of those in attendance included ministers of several Asian countries, which make up a third of the world’s population, and officials who are responsible for setting the standards for IC Cards. Grace was among such other notable and respected IT experts such as Directors and Executives of Korea’s Samsung Electronics, KT (Korea Telecom), SK Telecom, Japan’s NTT, Hitachi and Sharp.

The subject of Ms. Grace’s speech was ‘Toward a More Secure IT World and More Secure World.’ Grace spoke about the company’s advanced Biometric Verification Security System™ (BVS2™), a universal, interoperable, secure operating platform as the most advanced solution. The BVS2™ features the Super Smart Card™, believed by experts to be the world’s first commercially available interoperable, multi-application, biometric smart card with a full on-card biometric matching system and personal on-card biometric sensor, with both contact and wireless compatibility, which was designed to provide complete protection to its holder against identity-based crimes as well as to protect society from the risk of mis-identifying a person in a public situation where there exists risk of harm or fraud due to mis-identification ALL WHILE PROVIDING COMPLETE PRIVACY TO THE SUPER SMART CARD™ USER! In addition, Grace also spoke about the company’s recently announced Super Smart Passport,™ which experts believe to be the world’s first 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.

“It’s an honor,” says Grace, “to be chosen to address some of the world’s foremost experts in the IT field, distinguished government officials from Korea, China, Japan and Singapore, and executives and engineers from some of Asia’s most important companies, at this historic Inaugural General Meeting and First Conference of Asia IC Card Forum. All of us at the conference, as IT innovators, Government Leaders and Professionals, understand that for the sake of all nations and for the sake of global stability we have a duty and responsibility to help to standardize and implement a global, universal, interoperable, and secure operating platform that would allow diverse technologies to work together to protect all people and secure all countries.”

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™ or the BV-HDS™ (Biometric Verification Homeland Defense System)™ interoperable secure platforms, working with the Super Smart Card™ subsystem and now, the Super Smart Passport™ subsystem enable government agencies and commercial enterprises to continuously 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, 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 contact e-Smart® Media Relations at 703-768-7477 or mediarelations@e-Smart®technologies.com.