SMART CARD MARKETING SYSTEMS INC
     SMARTCARD MARKETING SYSTEMS INC ("SMKG-0")
- Velocitymoney.com Attains $1million Dollars of Customer Transfers
- for 6 Month Period
     As stated by SmartCard Marketing Systems Inc. "Management is pleased to
announce that we have achieved a new milestone, for the 1st time we have
processed payment deposits to prepaid cards and online Pin Debit of $1mm US
dollars in the first 6 months operating period, surpassing last years
overall performance. The significance of this achievement is the consumer
and merchant acceptance of Velocitymoney.com payment gateway in the
marketplace as an "online" and "off net" solution with members continuing
to signup and engage in our services. The average transaction reported is
estimated at $180.00 a load. These deposits drive customers' usage of our
prepaid cards and online financial platform from which we derive our fee's
and commissions.
     Velocitymoney.com is the proprietary trademark and online platform
solution of (PINKSHEETS:SMKG) for the consumer and merchant market. Our
product suite consists of prepaid cards in US, Canadian and Euro
currencies, Pin Debit online, Email money remittance, Bill pay and
Multi-currency settlement with conversion services."
     We seek safe harbor.
     ____________________________________________________________
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Toronto:(416)366-8881 Vancouver:(604)689-1101 Fax:(604)689-1106


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