TAGUIG, METRO MANILA, Philippines, April 6 /PRNewswire-FirstCall/ -- VerifySmart Inc. (VSMR:OTCBB): VerifySmart, a global leader in secure and fraud free payment processing services announces today that it has entered into a Services Agreement with European hosting and infrastructure provider Prime Interactive S.R.O. The agreement with Prime Interactive S.R.O. accelerates the European leg of VerifySmart's expansion plan and compliments the company's existing capabilities. Under the terms of the agreement Prime Interactive S.R.O. will be providing the following services to VerifySmart: - Web and Mobile Application Development - Data Centre infrastructure servicing Europe and located in Slovakia - Marketing access to a legacy worldwide customer base of 130,000 - Marketing access to established European Financial Industry vertical This agreement will significantly enhance VerifySmart's strategy of becoming a worldwide leader in fraud prevention solutions and will provide the company with immediate capabilities in the lucrative European market representing over 20% of the worldwide US $10T financial transaction processing industry. Rapid customer penetration of VerifySmart's patent pending technology encompassed in its Authentication Solutions, Acquiring Gateway and VeriSmart Platinum Visa will be pursued immediately. About Prime Interactive S.R.O. Prime Interactive S.R.O. is a pioneer in European hosting solutions and its web hosting services has operated since 1996. The company is a highly rated data infrastructure provider servicing over 130,000 clients worldwide. About VerifySmart Corp VerifySmart Corp. is a SEC reporting issuer with its shares of common stock quoted for trading on the "OTCBB". The company's mandate is to market, sell and manage fraud prevention products and services as an exclusive licensee. An international company, the patent-pending technology licensed by VerifySmart is garnering worldwide attention and rapidly gaining acceptance across a security challenged industry. Forward Looking Statements This current report contains "forward-looking statements", as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this current report which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future including but not limited to any European expansion or any results that may be achieved in the European market due to the agreement with Prime Interactive. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainty of financial estimates and projections, the competitive and regulatory environment for start up software companies, stock market conditions, unforeseen technical difficulties and our ongoing ability to operate a business and obtain financing. These forward-looking statements are made as of the date of this current report, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that our beliefs, plans, expectations and intentions contained in this current report are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our annual report on Form 10-K for the 2008 fiscal year, our quarterly reports on Form 10-Q and our other periodic reports filed from time-to-time with the Securities and Exchange Commission pursuant to the Securities Exchange Act. Corporate Headquarters Fort Legend Towers, Suite 2002 - 3rd Avenue corner 31st Street E-Square, Fort Bonifacio Global City, Taguig Metro Manila, Philippines Investor Relations Danny Gravelle Goal Capital LLC 1-949-481-5396 Questions or Feedback http://www.verifysmart.com/ DATASOURCE: VerifySmart Corp. CONTACT: Corporate Headquarters, Fort Legend Towers, Suite 2002 - 3rd Avenue corner, 31st Street, E-Square, Fort Bonifacio Global City, Taguig, Metro Manila, Philippines; Investor Relations, Danny Gravelle, Goal Capital LLC, (949) 481-5396; Questions or Feedback, , http://www.verifysmart.com/

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