e-Smart Technologies Enters Agreements to Provide Biometric System for Payment Processing in Indonesia

e-Smart Technologies Enters Agreements to Provide Biometric
System for Payment Processing in Indonesia 


Las Vegas, Dec. 17  /PRNewswire-FirstCall/ -- e-Smart Technologies, Inc. (OTC
Pink Sheets: ESMT), a leader in biometric smartcard technology, announced today
that it has entered into a Cooperation Agreement and an Agreement to Form Joint
Venture with PT Primrose Gantari Indonesia.  Under the agreements, e-Smart will
work with Primrose to provide e-Smart's proprietary biometric systems for
payment processing services in banking institutions and other corporate and
government entities in Indonesia.

PT Primrose Indonesia was created by former principals of The Indonesian Bank
Restructuring Agency (IBRA) and is one of the most respected and experienced
financial services organizations in Indonesia.  Primrose has successfully
restructured and divested banks, companies, properties and assets for the
Indonesian Government, focusing on government institutions and the banking
sector

In commenting on the Agreement, e-Smart President and CEO, Mary Grace, said,
"We are pleased and proud to team with PT Primrose to bring our secure
biometric payment system to the people of Indonesia.  This partnership is the
first step toward providing banks and citizens in Indonesia the ultimate
security in day-to-day financial transactions -- an ever-increasing concern in
virtually every country in the world."

e-Smart is the exclusive supplier for Asia and the US of the Biometric
Verification Security System(TM) ("BVS2(TM)"), featuring the Super
Smartcard(TM), which e-Smart believes to be the world's only commercially
available smartcard with a full on-card system for biometric ID verification.
These new generation technologies permit governments, public and private
institutions, healthcare providers and insurers, companies large and small,
their citizens and customers, respectively, to stop ID and payment fraud,
including identity theft, in connection with both physical and logical access
and with financial and other data related transactions all without compromising
a person's right to 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 Securities Act of 1933, as amended and Section
21E of the Securities Exchange Act of 1934, as amended.  While these statements
are made to convey to the public the Company's progress, business opportunities
and growth prospects, readers are cautioned that such forward-looking
statements represent the management's opinion.  While management believes such
representations to be true and accurate based on information available to the
Company at this time, actual results may differ materially from those
described.

For more information about e-Smart Technologies, please visit
http://www.e-smarttechnologies.com/. 

DATASOURCE: e-Smart Technologies, Inc.



CONTACT:  e-Smart Media Relations, [phone], or Kirk Brewer,

[phone], both of e-Smart Technologies, Inc.



Web site:  http://www.e-smarttechnologies.com/ 

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