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e-Smart Technologies Responds to Press Release Issued By IDsmart LLC
Date:11/14/2007

most recent example of planned intentional and wrongful conduct that began with the theft of the technology then the effort to use that stolen technology to compete with e-Smart, and now continues with his use of untrue, inaccurate and misleading statements to try to damage the company. We haven't tolerated this behavior in the past and we certainly will not tolerate it going forward," said Grace.

e-Smart has initiated a formal investigation into the Gardiner/IDsmart press release as to whether these statements constitute yet another act of securities fraud by Gardiner and intends to pursue to the fullest extent all legal recourse available for any new violations and damages resulting from the release and/or the allegations and actions stated therein.

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 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 Super Smart Card(TM) system technology 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.

SAFE HARBOR STATEMENT

Statements in this news release that relate to future plans, financial results or projections, events or performance are forward-looking statements within the meaning of Section 27A of the Securit
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SOURCE e-Smart Technologies, Inc.
Copyright©2007 PR Newswire.
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