Packaging

e-SMART Technologies Continues Delivery of Its New Super SMART Card in South Korea

Monday 03. March 2008 - e-SMART(R) Technologies, Inc., (Pink Sheets: ESMT); with its parent company IVI Smart Technologies, Inc., ("e-SMART"(R) or the "Company") is pleased to announce that it has signed a contract to deliver its newest Super SMART Card(TM), the "I AM,"(TM) to the SamWon FA Co., Ltd., in Seoul, South Korea.

SamWon FA is the largest micro-VAN (payment value added network) company in South Korea and a leading manufacturer of control and system engineering machinery and tools in South Korea. It supplies contactless card terminals, vending machines and auto parking lot systems in Pusan City. As part of the Agreement between e-SMART(R) and SamWon FA, e-SMART(R) will begin delivering its most advanced Super SMART Card(TM) for use in vending machines, card terminals and parking systems in Pusan City in early March, and will deliver additional product in June.

Commenting on the contract with SamWon FA, Mary Grace, CEO of e-SMART(R) said, “We are so pleased to be providing our most advanced Super SMART Card(TM) to SamWon and I believe it will provide a level of safety and security unmatched in the market today.”