e-Smart and SES Systems Join Forces
April 26 2005 - 9:00AM
PR Newswire (US)
e-Smart and SES Systems Join Forces Leader in Biometric Smart Cards
to Team With Leading Systems Integrators WASHINGTON and SINGAPORE,
April 26 /PR Newswire-FirstCall/ -- e-Smart Technologies, Inc.,
(OTC Pink Sheets: ESMT); ("e-SMART" or the "Company") is pleased to
announce that it has entered into a "Teaming Agreement" with SES
Systems Pte Ltd., (SES), a wholly owned subsidiary of Singapore
Technologies Electronics Limited (ST Electronics). SES is a leader
in systems integration with a focus on Homeland Security systems,
Enterprise solutions and defense C2 applications. e-Smart is the
exclusive provider for Asia and the US of the Biometric
Verification Security System(TM) ("BVS2(TM)), featuring the Super
Smart Card(TM), which experts believe to be the world's only
commercially available smartcard with a full on-card system for
biometric ID verification and the Super Smart Passport(TM), the
world's first digital passport that authenticates the passport
holder's identity via an on-board fingerprint sensor and biometric
matching system wirelessly powered, with no physical connection
required. Pursuant to the terms of the Agreement, the parties will
cooperate on identifying projects on an international basis to
capitalize on the unique biometric and other security technologies
and systems developed by e-Smart and on the strength of SES' track
record in producing integration solutions and successful
partnerships in the region and around the world. The parties are
already in discussions for projects in Singapore and a number of
other countries. Commenting on the "Teaming Agreement," Chang Yew
Kong, President of SES said, "We understand how important it is to
keep personal identity information secure while using such
information to protect information access from security threats,
financial theft and fraud. Connecting with e-Smart's advanced
biometric verification system we will provide the technological
advantage that is so necessary in protecting day-to-day
transactions and ensuring the safety of property from security
threats. Mary Grace, President and CEO of e-Smart responded to Mr.
Chang's encouraging remarks saying that, "it is such an honor for
e-Smart to have the opportunity to collaborate with such a
distinguished organization as SES. The company's accomplishments in
Homeland Security and other areas are quite impressive and we
anticipate a long, productive and successful relationship with
SES." About SES SES Systems, a wholly owned subsidiary of Singapore
Technologies Electronics Limited, started operations in 1986 and
has since emerged as the leading systems house in the region for
mobile / real-time decision support systems. A key C2I (Command,
Control & Intelligence) solutions provider, SES Systems focuses
primarily on providing superior Defence C2I Applications, Homeland
Security systems and Enterprise solutions to both civil and defence
customers worldwide. SES Systems' activities range from consultancy
to design, development, systems integration, commissioning and
life-cycle support of operational systems. 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 go to:
http://www.e-smarttechnologies.com/ or contact e-Smart Media
Relations at 703-768-7477 or DATASOURCE: e-Smart Technologies, Inc.
CONTACT: Media Relations at e-Smart, +1-703-768-7477 Web site:
http://www.e-smarttechnologies.com/
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