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Smart Card Marketing Systems Inc. Signs an Agreement With Selectcom Telecom


SAN ANTONIO, TX -- 04/05/06 -- Smart Card Marketing Systems Inc. (SMCS) (OTC: SMKG), a leading provider of prepaid cards, value smart storage cards and payment processing services.

Smart Card Marketing Systems CEO Massimo Barone is pleased to announce that we have reached an agreement with Selectcom Telecom of Canada to deliver a new integrated white label long distance service to our existing and new merchants in North America with the capacity of servicing international customers in their country of origin.

This white label opportunity will allow for our existing merchants small or big to offer co-branded long distance PIN based services integrated into their existing point of sale or online e-wallet type services with no cost inventory and for any value upon request.

Selectcom Telecom VP of Marketing John Masella agrees with SKMG and this is a new avenue to deliver PIN based access for customers via online services. Selectcomtelecom.ca is a growing telecom business provider in the Canadian market and USA with over 200,000 consumer clients and businesses.

Additionally this opportunity will create cross selling of services in the near future as we expand our opportunity in the white label market place -- this will also allow SMKG to build a portfolio of clients in the telecom marketplace as well as integrate the product line into its merchant service platform.

About: Smart Card Marketing Systems Inc.

SMKG has taken a mainstream position in the Smart Card and Prepaid Financial Market to develop and integrate financial institutions and the retail market segment to jointly market turn key co-branded solutions for better consumer penetration and facilitation of loyalty, financial services and pre-paid product. SMKG seeks industry suppliers and creates channel partners to better the availability of API's that respectively are only available to preferred corporations/clients and manages the required protocol in-place by the offering institution.

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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