SOURCE: Smart SMS Corp.

May 02, 2006 03:00 ET

Smart SMS Corp. Files Form 10-KSB for CY-04 and Prepares to File Form 10-KSB for CY-05

Company Expects to Be Current With All Filings and Fully Reporting in Early May

LOS ANGELES, CA -- (MARKET WIRE) -- May 2, 2006 -- Smart SMS Corp. (OTC: SRSM) (www.SmartSMSCorp.com) announces that the company's Form 10-KSB for CY-04 (ended 12-31-04) was filed with the SEC on May 1, 2006 and that the company's additional filings are being prepared for filing in early May. The additional filings include Form 10-KSB for CY-05 (ended 12-31-05) and Form 10-QSB for the fiscal quarter that ended March 31, 2006.

According to Smart SMS Corp. CEO Gordon Lee, "These filings represent a major step forward toward achieving compliance as a fully reporting public company. During the timeframe that these filings represent, the company has built the foundation for future commercial success in the creation, launch, marketing and management of premium text-message and multimedia-message campaigns for mobile devices throughout North America, Central America, South America, and other international markets.

"Our shareholders have shown patience and ongoing support as we've methodically developed operational capabilities and positioned the company for the commercial success that Smart SMS Corporation is now demonstrating," continues Gordon Lee. "Our shareholders are now starting to see the results of our efforts. With these recent and soon forthcoming filings, Smart SMS Corp. expects that business capital will be available under favorable terms to allow the company to achieve its full potential in the development and delivery of premium SMS campaigns for celebrities, professional athletes, TV shows, movies, and major brands."

Lee continues, "One of my favorite campaigns is the SmartSMS™ text-messaging club we've launched with the Los Angeles Clippers, including Sam Cassell's Text & Win Contest. In addition to prizes being awarded daily, the Grand Prize winner gets a chance to attempt half-court shot at the Clippers' practice facility in late June. If the half-court shot goes through the basket, the Grand Prize Winner drives away with Sam Cassell's new Bentley GT, which is worth $175,000. This exciting contest offers what may be the highest-value prize of any SMS contest in the world at this time.

"To join the LA Clippers SMS Club and enter the Sam Cassell Text & Win Contest, type-in the letters 'CLIPPERS' using the text-message option on your mobile phone and send to 47988, then you'll get a response with further instructions. The Sam Cassell Text & Win Contest represents just one example of the company's numerous premium SMS campaigns, and the impressive list of SmartSMS™ campaigns keeps growing all the time."

About Smart SMS Corp.:

Smart SMS Corp. (OTC: SRSM) (www.SmartSMSCorp.com) is an Internet entertainment company that specializes in mobile marketing campaigns for new TV shows, celebrities, entertainers, athletes, and brands, as well as fundraising programs. Smart SMS Corp. operates the SmartSMS™ brand for campaign management in North, Central, and South America. The SmartSMS™ platform has been used successfully to launch about 500 campaigns worldwide. In the U.S. and Canada, Smart SMS Corp. uses the distribution infrastructure of GoldPocket Wireless for text-message and multi-media message campaigns, and distributes through NetPeople's networks in Mexico and other Latin American countries. Smart SMS Corp. is headquartered in Los Angeles, with additional presence in New York, Europe, Mexico, South America, and Canada. Smart SMS Corp. is a publicly traded company listed on the PINK SHEETS, trading under the symbol SRSM.PK.

Forward-Looking Statements:

With the exception of historical information, this news release and accompanying information may include forward-looking statements that involve a number of risks and uncertainties. Actual results could differ materially from those anticipated as a result of various risks. There are numerous factors that could contribute to such differences; therefore, such projected events and anticipated results are not warranties or guarantees that such events will occur or that the Company will achieve such results. For more information about this corporation and risks involved in the investment of their publicly traded shares, please see the Company's web site(s), and/or documents filed with the SEC, which are easily accessible in the EDGAR database system.

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