Thursday 10. April 2008
IDsmart Admits in Court Document That e-Smart’s Technology was Used to Develop IDsmart’s Smart Card
e-Smart(R) Technologies, Inc. (Pink Sheets: ESMT); (“e-Smart” or the “Company”) and its parent company, IVI Smart Technologies, Inc., (IVI) (hereinafter, collectively, the “Company”) learned from disclosures filed in a Motion last month by IDsmart LLC, in the United States District Court, Northern District of California, San Francisco Division, Case No. 3:06cv5528MHP, that IDsmart admitted that its engineers were directed to use e-Smart’s technology in developing IDsmart’s biometric smart card product, as the original complaint filed by the Company against IDsmart for theft and misappropriation of our biometric smart card technology alleges.