SmartCard Marketing Systems Inc. Velocitymoney.com to Launch Social Network Payments Functions for SOHO Segment

SmartCard Marketing Systems Inc. (PINKSHEETS:SMKG) CEO Massimo Barone stated, "Velocitymoney.com is growing in Popularity with Merchants and Consumers and we want to capitalize on this segment. We will be testing functionality over the next 30 to 60 days prior full launch to ensure no technical issues arise. The following features will be made available; Email Funds Transfer, PIN Debit and Bill Pay which have become important with end users and allowing larger pools of networks this functionality will create a very strong market presence for the company benefiting from increased revenue from transactions. We aim to market our full suite of functions within the Social Networks and focus on (SOHO) Small Office and Home Office users.

It is evident that Banks are not participating or taking advantage of the Internet to capitalize on this trend leaving exciting opportunity - first out will have a significant impact for the future as Banks return to stability and look toward existing Merchants for opportunity.”

We seek safe harbor.