NEW YORK and SEOUL, South Korea, Feb. 28 /PRNewswire-FirstCall/ -- 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."
e-SMART(R) 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(R) 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(R) 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 assist in
securing countries from criminal and terrorist threats, stop ID and
|SOURCE e-SMART Technologies, Inc.|
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