SOURCE: Wall Street News Alert

May 04, 2006 09:48 ET

Stock Watch: Small Public Company Signs Major Agreements With Industry Leading Companies! May 4, 2006

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Wall Street Capital Funding.

WESTON, FL -- (MARKET WIRE) -- May 4, 2006 -- Wall Street News Alert's "stocks to watch" this morning are: Smart Card Marketing Systems Inc. (OTC: SMKG), Citigroup (NYSE: C), Bank of America (NYSE: BAC) and eBay (NASDAQ: EBAY).

Smart Card Marketing Systems Inc. (OTC: SMKG) has released news that may get the attention of aggressive investors and day traders this morning! Yesterday after the stock markets closed, the company, a leading provider of prepaid cards, value smart storage cards and Payment transaction management services, issued a press release announcing that it has signed KL Financial to a distribution co-brand secured Mastercard® deal.

News of deal should get the attention of investors! The co-brand contract secures a commitment of five thousand initial cards for the 2nd tier financial market prospects. Smart Card will benefit from the sale of the cards with a royalty on transactional-based revenue generated by active cards. The estimated value of the revenues generated by each card, according to industry standards will be up to $45 to $75 per year, which translates into between $225,000 and $375,000 annually for Smart Card. This figure does not even include the revenue from the initial purchase.

Continue to watch this company! KL Financial is a Quebec based company and the secured credit card market is very new in the Canadian marketplace as many of the major financial institutions have not yet targeted this niche opportunity. This important new solution will allow credit challenged consumers and immigrants the opportunity to re-establish or create a better credit score to improve their chances for future financing.

Wall Street News Alert is placing Aggressive Investors on alert to monitor the progress of Smart Card Marketing! Smart Card Marketing Systems also announced yesterday that they have signed an agreement with a leading Canadian provider of electronic funds transfer services, to allow the Velocitymoney™ loading network (consumer site for activating, loading and reloading of charge cards) to add the new services of debiting or crediting funds from Canadian consumers or merchants bank accounts.

This added option will also allow, the merchant site of Smart Card Marketing, to broaden its range of services for international e-merchants requiring acquisition of financial transactions in Canada. These transactions could include but are not limited to payroll, bill payments, leases and prepaid charge cards. Many US companies do not have the accessibility of acquiring transactions for the Canadian marketplace as easily as they do in the US market.

Prior to the latest press release, the stock closed yesterday at Twenty cents a share.

For an in-depth profile of Smart Card Marketing Systems, visit

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In case you are not familiar with the company: 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. Smart Card Marketing Systems Inc. seeks industry suppliers and creates channel partners to better the availability of API's (automated protocol interfaces) that respectively are only available to preferred corporations/clients and manages the required protocol in-place by the offering institution for the merchant.

Citigroup (NYSE: C) up 0.5% on 11.8 million shares traded.

Citigroup is one of the leading financial services company.

Bank of America (NYSE: BAC) down 0.3% on 13.8 million shares traded.

Bank of America is one of the largest financial institutions.

eBay (NASDAQ: EBAY) down 1.6% on 12.3 million shares traded.

eBay created a powerful platform for the sale of goods and services by a passionate community of individuals and businesses.


"The Commerce Department noted that U.S. made goods and factory orders were up by 4.2% for March. This was the largest gain in 10 months and above the expected 3.7% predicted by economists," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at:

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