Press ReleaseSource: SmartCard Marketing Systems Inc.

Velocitymoney.com Attains $1million Dollars of Customer Transfers for 6 Month Period
Friday July 25, 2008 12:28 pm ET

SAN ANTONIO, TEXAS--(MARKET WIRE)--Jul 25, 2008 -- As stated by SmartCard Marketing Systems Inc. (Other OTC:SMKG.PK - News) "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 (Other OTC:SMKG.PK - News) 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.


Contact:
     Contacts:
     Smart Card Marketing Systems Inc.
     Max Barone, CEO, 1-866-774-2555
     maxbarone@gosmartcard.com
     http://www.gosmartcard.com
     http://www.velocitymoney.com
     http://www.velocitymerchant.com
      

Source: SmartCard Marketing Systems Inc.


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