New Team Up:
e-Smart and InfoZen to Team
WASHINGTON, March 10, 2005 /PRNewswire-FirstCall via COMTEX/ -- e-Smart Technologies, Inc. (Pink Sheets: ESMT) today announced that it has entered into a "Teaming Agreement" with InfoZen, Inc., a leader in information management, specializing in Risk Management and Secure Solutions, Transformational and Strategic Solutions, and E-government and Infrastructure Services.
Under the terms of the Teaming Agreement, the parties have agreed to work to identify projects, beginning with the US government on domestic homeland security projects and expanding to commercial and international projects, which will integrate the unique biometric and other security technologies and systems developed by e-Smart with the proven experience and superior background verification, credentialing and Automatic Adjudication system of InfoZen.
As an established leader in risk management, credentialing and secure solutions, InfoZen's advanced and unique RapidAdjudicator(TM) credentialing and verification platform was recently deployed by the United States Federal Government.
e-Smart is the exclusive supplier for the USA and Asia 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 smart card with a full on-card system for biometric ID verification. E-Smart is also the supplier of 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.
Commenting on the Teaming Agreement, Raj Ananthanpillai, CEO of InfoZen, said, "In the face of the growing need for safe, timely and accurate information to assure domestic security, it seems wholly appropriate for InfoZen and e-Smart to join forces. It is important to piece together all the critical information and analyze them in a timely fashion. Together, InfoZen and e-Smart can provide credentialing and identity management solutions."
Mary Grace, President and CEO of e-Smart commented, "There is nothing more important than the safety and security of the American people, and by coupling e-Smart's advanced biometric technology with InfoZen's highly respected information management systems and services we are ever closer to delivering that most necessary peace of mind."
Safe Harbor Statement:
Statements in this news release that relate to future plans, financial results or projections, 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.
SOURCE e-Smart Technologies, Inc.
"No matter how many times you save the world, it always manages to get back in jeopardy again! I feel like the maid; "I just cleaned up this place! Can't you keep it clean for ten minutes!"
