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e-Smart® Technologies Delivers its New Super Smart Card(TM) on Second Contract in South Korea

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e-Smart® Technologies, Inc.
508-526 West 26th Street
New York, NY, 10001
USA



Press release date: February 20, 2008

NEW YORK, Feb. 20 - e-Smart® Technologies, Inc., (Pink Sheets: ESMT); 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(TM) Card, the "I AM"(TM) 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(TM) 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(TM) 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(TM) (BVS2(TM)) system, the "I AM"(TM) card and the Super Smart Card(TM) 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"(TM) card, Super Smart Card(TM) system and BVS2(TM) 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.

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

FCMN Contact: kpomeara@aol.com

Source: e-Smart Technologies, Inc.

CONTACT: e-Smart® Technologies, Media Relations, +1-703-768-7477, media@e-smart.com Web site: http://www.e-smart.com/
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