e-Smart Technologies, Inc. Responds to Information Subpoenas From Securities & Exchange ...(e statingthat he had written a letter to...)

Date:12/31/2007

e stating that he had written a letter to the SEC claiming that the Company should have but did not publicly report their own -- Gardiner's and Drizin's -- wrongful conduct and their attempted theft of the Company's property. Details of these actions by Drizin and Gardiner were made public by the Company in a November 14, 2007 press release "e-Smart Technologies Responds to Press Release Issued by IDsmart LLC," and is available on the Company's website http://www.e-smart.com.

In response to the SEC's inquiry, Mary Grace, CEO of e-Smart said, "The SEC is dedicated to the protection of the shareholders of public companies, and as the protection of our shareholders is my utmost concern, I am grateful that the SEC is looking into these issues. The actions of Gardiner and Drizin did cause damage to our shareholders because the Company was forced to take legal action to protect its intellectual property, and experienced delays in production. That Gardiner then tried to use his own fraudulent conduct to support his claims to the SEC, we believe, makes a mockery of the SEC and constitutes another act of securities fraud, the same conduct for which he already stands convicted. The Company will make available all information requested by the SEC so they can fully review the actions of Wayne Drizin and Michael Gardiner/ID Smart against our shareholders and our Company. I am confident that, after the SEC looks at all matters relating to our Company, they will take appropriate steps to address the repeated instances of wrongful conduct by Drizin and Gardiner, and protect our Company and others from such conduct in the future."

e-Smart Technologies, Inc., is the exclusive supplier of the Biometric Verification Security(TM) (BVS2(TM)) system, the Super Smart Card(TM) system technology and related system technologies for Asia, Africa and the US, which e-Smart believes to be the world's first smartcard of its kind with
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SOURCE e-Smart Technologies, Inc. Copyright©2007 PR Newswire. All rights reserved

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