e-SMART (R) Technologies

e-SMART(R) Technologies to Deliver 20 Million Super Smart Cards

e-SMART(R) Technologies, Inc., (Pink Sheets: ESMT); with its parentcompany, IVI Smart Technologies, Inc., ("e-SMART"(R) or the "Company") ispleased to announce that it has executed a contract with the Samsung S1Corporation, (part of the Samsung family of companies) to deliver toSamsung 20 million "I AM"(TM) cards, the Company's most advanced SuperSMART(TM) Card.

Pursuant to the contract, Samsung S1 shall make an irrevocable purchaseorder for each order and shall pay the full amount in cash to e-SMART(R)within 30 days of the placement of each order. e-SMART(R) will deliver 20million "I AM"(TM) Super SMART(TM) Cards over a two year period to SamsungS1.

Deliveries of the first order of 10 million cards are planned to begining June 2008 and continue through March 1st 2009, with the orders of thesecond 10 million delivered over the following 12 months.

Although it is too early to predict exact profitability, the Company believes the Samsung orders may produce profits in excess of $100 million. As announced inprevious press releases, it is the Company's intention to move in theimmediate future to the Bulletin Board, followed by a move to the NASDAQ orthe American Stock Exchange as soon as possible.