ACT Canada's Convention Features Smart Chip Technologies' New Product Suite.

LAS VEGAS & TORONTO -- Smart Chip Technologies (OTC: SCTN) will demonstrate its new customer retention solution, including Loyalty, Pre-Paid Stored Value, and Gift Cards, in Toronto at ACT Canada's Solution Centre on Sept. 23 during the Cardware 04 Conference: "Innovation and Your Bottom Line."

--This fully integrated product suite adds considerable value to existing cards and POS systems by giving retailers and bankers unlimited versatility to quickly personalize rewards and manage customer programs to fit changing needs.

--This end-to-end Loyalty, Pre-Paid Stored Value, and Gift Card solution makes it easy and cost effective to take advantage of the benefits of chip-enabled cards by upgrading as little as one card or POS terminal at a time.

--This system is engineered for EMV, MULTOS, and Global Platform compliance to simplify credit and debit payment integration.

For a complimentary convention invitation, call 702-837-3594, ext. 705.

About The Advanced Card Technology Association (ACT Canada)

ACT Canada is a nonprofit association for the advancement of card technologies, including optical, smart (contact, contactless and radiofrequency), capacitive, and emerging technologies across a wide range of applications. ACT Canada's vision is a strong market, where advanced card technologies are used to provide new security, convenience, products and services for Canadians. This is a market where issuers will find new opportunities, partnerships and customers. The multi-application capability and enhanced privacy enabling attributes of advanced card platforms make this possible. (www.actcda.com)

About Smart Chip Technologies

Smart Chip Technologies' turnkey customer retention solution, including Loyalty, Pre-Paid Stored Value, and Gift Cards, was co-developed with the Airos Group (www.airosgroup.com) and IBM(TM). This software solution enables banks and retailers to take advantage of click-and-mortar, real-time programs running on their existing cards and point-of-sale (POS) systems, including bar code, magnetic stripe, RFID, or smart cards, laptops, PDAs such as Palm(TM) or Windows(TM) devices, TV set top boxes, or mobile phones. Smart Chip Technologies' end-to-end solution provides a seamless migration path from current customer ID and payment devices to future technology platforms, establishing business continuity across physical, mobile, and virtual streams of commerce. (www.sctn.com)

Any statements contained in this press release that do not describe historical facts may constitute forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Any forward-looking statements contained herein are based on current expectations, but are subject to a number of risks and uncertainties.