e-Smart to Team With Samsung S1 Corporation

As Koreas largest total security provider, the Samsung S1 Corporation enjoys seventy percent of the market share, offering security solutions in everything from crime to fire prevention to information and communication services. As a leader in the digital era, the Samsung S1 Corporation is focused on smart card, communication security and the mobile security arenas as well, with a special focus on providing a single smart card for a variety of applications, including security card, credit card, transportation card, e-money, medical card and PC security. e-Smart is the exclusive provider for Asia and the US of the Biometric Verification Security System, featuring the Super Smart Card, which experts believe to be the worlds only commercially available smartcard with a full on-card system for biometric ID verification and the Super Smart Passport, the worlds first digital passport that authenticates the passport holders identity via 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 in Asia and around the world which will combine the advanced technology offered by the e-Smart Super Smart Card with the decades long expertise of Samsung S1s security systems solutions.