The Best Smart card Story You've Never Heard

E-Smart Technologies- ESMT
“The Best Story You’ve Never Heard”

THE COMPANY

E-Smart Technologies, Inc., (ESMT), www.e-smarttechnologies.com is a company that we believe is in the right place at the right time. E-Smart(OTC:ESMT) holds technology licenses for the “Super Smart Card System™”, which uses proprietary microchips, with biometric fingerprint sensors and software that allows multiple applications to co-exist on a single card. The system provides a high level of security and incorporates a “Personal Identity Protection System™” (“PIPS”) that supplies absolute identity authentication for its user. This makes for an ideal “Sure Pass” for use to get into secured areas such as airports and power plants and can be used for all credit card systems. More than $50 million dollars was spent developing the technology used by the “Super Smart Card System”. ESMT holds the exclusive license agreement for the “Super Smart Card System” in Asia and the United States

THE OPPORTUNITY

We believe that because of the events that took place on September 11th, the “Super Smart Card System™”, will not only fill its original application agenda as a multi-application all purpose smart card for multiple markets, but will now fulfill an additional and now essential responsibility under “Homeland Protection”. The Company recently announced the formation of a new wholly owned subsidiary, Homeland Defense, Inc. to market the “Super Smart Card System” throughout the U.S. Also, recently announced was a low cost biometric fingerprint authentication solution for secure airline e-ticketing and boarding, There is current debate over a national smart card ID system that may implemented in some fashion soon. Some of its many proponents are Oracle’s Larry Ellison and Washington lawmakers Feinstein and Kyl. ESMT’s “PIPS” system, which is far less invasive to an individuals privacy, has been heralded. The potential smart card market could be over $3 billion dollars! In related news, the US Defense Department has ordered smart technology ID cards for 4.3 million military personnel. ESMT plans to finalize their production arrangements and begin rolling out Super Smart Cards early in 2002. Potential monthly revenue based on 1 million cards and an average spending of $72 dollars per year, per card with transaction fees of $0.20 per day, are $430 million, with $4 to $6 per share in earnings. Using a Price Earnings Ratio of 20 puts ESMT between $80 and $120 per share – considerably higher than the current price of under $1. The numbers can be staggering and we believe our opinion is conservative! WE are basing the above on only two daily transactions per card average. Recently, ESMT formed an alliance with one of the 10 largest security firms in the US, to market the “Super Smart Card System™”. They employ over 7000 people, have a national presence and are the largest court security officer contractor to the US Marshals Service. We believe this to be the first of many significant alliances.(See Recent Press Release for more Details)

ASIAN OPPORTUNITIES

In September 2001, the Company signed joint venture with a company primarily owned and controlled by one of the largest ministries in China that regulates all smart cards and applications. China’s government is actively seeking to implement a secure, “one-card for all” system. ESMT is also currently in negotiations with private entities and governments of two other Asian countries and the World Bank for implementation of the “Super Smart Card System” in those countries. We look for a tremendous amount of corporate developments in the next few months and anticipate a significantly higher price. The potential deals in China and Asia, if successfully concluded could generate hundreds of millions of dollars in revenue and profit over the next several years. In Europe and Asia Smart Cards are already a way of life. The industry is growing daily. This is not a trend! This is the Future! ESMT has the premier technology. Opportunity abounds for smart and aggressive investors!

REASONS TO OWN THE STOCK

1. Revenue and earnings potential are staggering.
2. Recent 8K indicates to us the Company’s intentions to be listed on a recognized exchange.
3. Homeland Defense and Security are the hottest issues in the market.
4. ESMT’s products are unparalleled.
5. Revenue from potential use of ESMT’s products in connection with air-travel safety is hugh; from credit card use and identity theft protection is incredible!
6. Mr. Saito, the Chief Technology Officer, was Toshiba’s leading inventor, with over 400 inventions and 50 US Patents to his credit.
7. Recent appointment of Terry Christensen to management (Chairman). Christensen is a top Attorney and Businessman (see www.chrismill.com) and a board member of MGM-Mirage, Inc.
8. Stock appears severely undervalued.
9. Recent press releases indicate that this Company is on the move. Please review them!

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