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SmartCard Marketing Systems Inc.(SMKG:PINKSHEETS) (QYH:Frankfurt) Corporate update business update.

San Antonio, TX April 20th, 5:00pm, 2008

As Stated by SmartCard Marketing Systems Inc. (SMKG:PINKSHEETS) "Management is pleased to announce that we will be filing with Pinksheets.com the 2007 annual filings no later then May 10th 2008. In addition although (SMKG:PINKSHEETS) is a non-reporting company we are going to continue to file to modify as a reporting filer with a target time line of last quarter of 2008. Although all matters are subject to approval we are working to complete all filings in a timely manner.

Additionally management is working with many independent news groups to create a solid presence in the investment community about (SMKG:PINKSHEETS) and audio profiles as well as featured articles will be made available in our company newsletter which is available at www.gosmartcard.com investor signup.

Velocitymoney.com Status

We continue to grow the www.velocitymoney.com name through marketing venues such as Nascar Nationwide and Sprint series and music artist Derek Miller to reach the masses while touring the Country. We want to bring the financial market a clear message and build upon the "unique and dynamic" offering of Velocitymoney.com.

Management continues to build upon the retail segment of Velocitymoney.com which is proving very successful as installation continues with Kiyss.com in Aboriginal Territories and Group Atrium Travel across Canada giving us a unique footprint in North America.

Velocitymerchant.com Status

As our main merchant service offering for white label/co-brand is growing and our product and services continue to interest many companies we believe our strength is growing our overall structure and ease of integration available through our managed platforms.


We seek safe harbor.

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

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