SOURCE: Smart Card Marketing Systems Inc.

September 19, 2006 14:45 ET

Smart Card Marketing Systems Inc. Trade Show Update

SAN ANTONIO, TX -- (MARKET WIRE) -- September 19, 2006 -- Smart Card Marketing Systems Inc. (PINKSHEETS: SMKG) (FRANKFURT: QYH), a leading provider of prepaid cards, value smart storage cards and Optical management services, released today an announcement on its trade show success.

The CEO of Smart Card Massimo Barone is pleased to announce that the Pre-paid Intele-Card and Vision Expo in Las Vegas this past week has materialized into new product offerings for the www.gosmartcard.com solutions offering. It is in our interest to commence growing a direct to consumer offering for retail services and goods as well as Optical goods and services to the prepaid card consumers direct or channeled with our co-brand affiliates strengthening the value of the prepaid program.

As stated by the company's Canadian President of Operations Paul Continelli, "We are well positioned to increase the distribution size of our network as well as bring on new suppliers to place product in our merchants existing channels. The Velocitymoney.com and Velocitymerchant.com services are an important integrated part of Smart Card's mission to develop a recognized banner in the International business scene as a premium product and service provider."

Furthermore, management has received strong interest from the Financing community due to the company's rapid growth in the Pre-paid sector as well as the dynamics of Optical segment. The funds would be directed for further marketing efforts Internationally such as Trade magazines, Billboards and Financial newspapers in high density areas of immigrant workforces to capture market share and awareness.

About Us

Smart Card Marketing Systems Inc. has taken a mainstream position in the smart and prepaid charge card market to develop, integrate and to jointly deploy turnkey co-branded solutions for loyalty and payment management transactions.

Forward-Looking Statements. This news release contains "forward-looking statements," as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements about the expected future prospects of our business and all other statements in this release other than historical facts, constitute forward-looking statements. You can identify forward-looking statements because they contain words such as "believes," "expects," "may," "will," "would," "should," "seeks," "approximately," "intends," "plans," "estimates," or "anticipates" or similar expressions which concern our strategy, plans or intentions. All statements we make relating to estimated and projected earnings, margins, costs, expenditures, cash flows, growth rates and financial results are forward-looking statements. In addition, we, through our senior management, from time to time make forward-looking public statements concerning our expected future operations and performance and other developments. All of these forward-looking statements are subject to risks and uncertainties that may change at any time, and, therefore, our actual results may differ materially from those we expected. We derive most of our forward-looking statements from our operating budgets and forecasts, which are based upon many detailed assumptions. While we believe that our assumptions are reasonable, we caution that it is very difficult to predict the impact of known factors, and, of course, it is impossible for us to anticipate all factors that could affect our actual results. Some of the factors that we believe could affect our results include: general economic and market conditions, including the lingering effects of the economic slowdown and services revenue; the overall condition of the bank card industry, including the effect of any further consolidation among financial services firms; the regulatory, credit and market risks associated with our operations; the integration of acquired businesses, the performance of our businesses; the effect of war, terrorism or catastrophic events; the timing and magnitude of sales; the timing and scope of technological advances; the ability to retain and attract customers and key personnel; and the ability to obtain patent protection and avoid patent-related liabilities in the context of a rapidly developing legal framework for software and business-method patents. The factors described in this paragraph and other factors that may affect our business or future financial results and when applicable, will be discussed in our filings with the Securities and Exchange Commission. We assume no obligation to update any written or oral forward-looking statement made by us or on our behalf as a result of new information, future events or other factors.

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