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SmartCard Marketing Systems Inc.(smkg.pk /qyh.f) Target Estimates for 2007 Year End and 2008

As Stated by company CEO Massimo Barone: We are previously on target for a 2007 December year end to meet our projected sales from products and services of $10,800,000 USD. We anticipate a growth greater than 30% for 2008 and stronger commitment from prepaid card orders that reach delivery and rollout, and from our smartcard product lineup which is gaining stronger ground as demand for gift card programs with an independent application in North America continues to be robust and in demand. The Optical services at present consist of a large factor of our source of revenue from our recent 2 acquisitions but as cards continue to be delivered and new programs being signed we see this as immediately becoming a minor part of the SmartCard business but still an important part to grow.

The 2008 year will have improved cash flow from operations generating greater royalty income from cards in the market increasing cash on hand and stronger revenue from Velocitymoney money business services contributing 10% to 15% of additional growth. We will also be able to significantly increase growth from this source but it will be contingent on card rollout dates.

Our objective for 2008 year end is to attain a $14,000,000 USD sales or greater with a net profit projection of $440,000 USD or better after taxes. In addition we will be allocating more funds to improving the companies Investor Relations efforts which will have better impact on the companies share price and lead to investment opportunities.

Furthermore these projections do not reflect possible acquisitions that may become available to the company that may have a more significant impact on our results in the near future."

We seek Safe Harbor

Contacts:

Smart Card Marketing Systems Inc.
Max Barone, 1-866-774-2555
maxbarone@gosmartcard.com
www.gosmartcard.com

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