Packaging

SmartCard Marketing Systems Inc. gosmartcard.com Platform Attains 2800 Plus Transactions

Monday 14. January 2008 - As stated by SmartCard Marketing Systems, Inc. (Pink Sheets: SMKG) Chairman and CEO Massimo Barone: "I am pleased to announce that our Gosmartcard.com platform has attained a 2800 plus transaction threshold for the single month of December (2007).

This threshold marks an important revenue stream for (Pink Sheets: SMKG) as we continue to build our recurring revenue portfolio combined with our sales. On average each transaction generates $0.20 USD to $1.20 USD for (Pink Sheets: SMKG) after related costs for processing and commissions to merchants. In addition, with Velocitymoney.com also an active application for (Pink Sheets: SMKG) we can anticipate to increase our recurring revenue stream from transactions performed on a monthly basis at a more rapid rate as we bring on more merchants and consumers in the 1st Qtr of 2008.

Management is strongly pursuing the Money Service Business segment and offering our best of technology solutions and experience. As we continue to develop our services and solutions we maintain a pricing structure for a global competitive market as opposed to compete on a domestic level. This allows merchants to better evaluate costs of remittance and acceptance of funds in a multi-currency market.”

http://www.gosmartcard.com
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