TAGUIG, METRO MANILA, Philippines, April 15 /PRNewswire-FirstCall/ -- VerifySmart Corp. (VSC) (VSMR: OTCBB): VerifySmart, a global provider of secure and fraud free payment processing services, is pleased to announce the appointment of Mr. Adi Muljo to the company's Board of Directors. Mr. Muljo will serve as a Director working in conjunction with other members of the Board responsible for the stewardship of the Company. In addition to his Board position, Mr. Muljo will also assume the key strategic role of Senior Vice President of Business Development in the Asia - Pacific Region. His reputation as one of the most respected and renowned corporate ambassadors in his native country of Indonesia, coupled with the reach of his successful Maryland, VA based trade consultancy, uniquely positions him to take on this role and enhance the VSC growth plan. Between 1971 and 1998, Mr. Muljo held various senior management positions with Indonesia's largest conglomerate, the Astra Group, including General Manager of its Xerox Division and Managing Director of Inter Delta, Indonesia's sole distributor for Kodak products and Canon cameras. From 1981-1998, Mr. Muljo was responsible for the Vancouver and Baltimore offices of The Astra Group and was also in charge of overseeing Astra's North American expansion directed from the Baltimore office, where Mr. Muljo makes his home. In 1998, Mr. Muljo founded the Maryland-based AMG Group, a company promoting two-way trade between North America and several Asian and European countries. Mr. Muljo holds a BA in Economics and an MBA in Finance VSC management welcomes this significant appointment which we believe will accelerate the company's growth plan and enhance shareholder value. Mr. Muljo's past successes and extensive network in the Asia/Pacific Region will be invaluable to the company's pursuit of becoming the premiere provider of financial fraud prevention solutions across the globe. About VerifySmart(TM) Corp. VerifySmart(TM) Corp. is a fully reporting issuer with the shares traded 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, VerifySmart's(TM) patent-pending technology is garnering world wide 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. 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, 1-949-481-5396; Questions or Feedback: , http://www.verifysmart.com/

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