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Smartcard Marketing Systems Inc. (PINKSHEETS:SMKG) Signs Distribution Agreement To Supply Souvenir Prepaid Cards for Music Festival


News provided by

Smart Card Marketing Systems Inc (SMKG)

Sep 13, 2010, 08:30 ET

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SAN ANTONIO, TX, Sept. 13 /PRNewswire-FirstCall/ - Smartcard Marketing Systems, Inc. (PINKSHEETS:SMKG) President, Bruce Baillio stated, "We are excited to have been selected by Gloss Entertainment Media Group to provide 35,000 Open-Loop Souvenir Prepaid Incentive Cards for a 3-day Festival on James Bond Beach in Jamaica celebrating the 50th Anniversary of Reggae music and the ongoing opportunity this represents to capture such an important client base with International exposure."

Gloss Entertainment, the Festival promoter, is giving one of the souvenir incentive cards to every customer for each day of the Festival for which they purchase admission. The incentive cards will have a value of $10 when activated and are not reloadable. Frank Thornton, Gloss Entertainment CEO, commented, "Our corporate sponsors love the idea of the souvenir card. We are already planning to take the music festival on tour in select cities worldwide and the Souvenir Prepaid Card will continue to be an integral part of our business model. Smartcard has given us not only the card, but the platform needed to manage the project."

About SmartCard Marketing Systems Inc. (PINKSHEETS:SMKG)

The company is leading the way in Prepaid Card Service Program Management, Payment Processing of Pin Debit Online Transactions and Bill Payments in North America and Europe. Velocitymoney.com is the proprietary payment processing platform of SmartCard Marketing Systems Inc., which has an extensive Payment network world-wide for Consumers and Merchants.

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SOURCE Smart Card Marketing Systems Inc (SMKG)

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