WASHINGTON, May 31 /PRNewswire-FirstCall/ -- e-Smart Technologies, Inc., (Pink Sheets: ESMT); ("e-Smart" or the "Company") is pleased to announce that Richard Barrett has been named Chief Operating Officer of the Company. As COO, Barrett will oversee the Company's product development and implementation and serve as a strategic partner with the Chief Technology Officer and engineers as they develop strategies and tactics to meet the Company's long-term goals. Barrett will manage operations to deliver payment solutions and secure financial transaction systems for the company's clients around the globe. Barrett is currently the Managing Director of One-to-One Business Relationships, leading teams in technology development, sales and marketing for more than twenty years. As a leader in sales and marketing, Barrett has built sales organizations for software systems, hardware products and services, including to Fortune 500 companies such as Hewlett Packard, H.J. Heinz, Intel, Compaq, AT&T and Seagate. Barrett focuses on delivering the One-to-One Business Process to clients in a wide variety of business markets, including RW3 Technologies, Media Net Link, DoOnGo Technologies, Merrill Lynch and SellPoint. Barrett also has extensive experience in emerging technology companies, identifying the few, critical factors in a business situation which will create value, then pushing forward to accomplish concrete results. He identified emerging market trends in network computing and built sales/marketing/development teams, creating revenue streams for company growth. Barrett founded Adaptive Data Systems (ADSI), which pioneered the Small Computer Systems Interface (SCSI) standard and was a founding member of the American National Standards Institute (ANSI) committee that established the SCSI standard. He has been widely published in technical journals and trade magazines and is a faculty member of the University of Phoenix and holds MEE and BSEE from Rice University. Remarking on his new position, Barrett said, "I'm excited and honored to join such an impressive and talented group of people and look forward to working with Mary Grace (CEO) and Tamio Saito (CTO) and the entire e-Smart team to deliver the amazing technologies the company has developed. e-Smart's technologies have the potential to revolutionize the market for secure financial transactions. Of course, the company's technologies will improve transaction security and reduce financial costs for first-world nations and their citizens. For the developing nations and their citizens, the benefits of e-Smart technology may be even more powerful, as transaction costs and fraud risk can be much higher in those regions. I expect to play a key role in building e-Smart into a prominent player in the global market for secure financial services." e-Smart Technologies, Inc., is the exclusive supplier of the Biometric Verification Security System(TM) (BVS2(TM)), the Super Smart Card(TM) 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) and BVS2(TM) 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 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. DATASOURCE: e-Smart Technologies, Inc. CONTACT: Media Relations at e-Smart Technologies, Inc., +1-703-768-7477, Web site: http://www.e-smart.com/

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