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. John Novak to the Board of Advisors. Mr. Novak joins VSC with over 30 years of business and entrepreneurial success. His multi-national relationships will facilitate the introduction of decision makers to the VSC business model at the highest levels. He has created and led lucrative companies in sectors as diverse as manufacturing, real estate development, information technology (IT), and product distribution. His many accomplishments include a senior advisory role to the Managing Director of the Creditanstaltbank (Austria) where he consulted on privatization matters in Eastern Europe and a position as Chairman and President of the Canadian Chamber of Commerce in Central and Eastern Europe. He is currently the Managing Director, President, CEO, and co-founder of CBp Carbon Industries Inc., a 'green' company with operations in Central and Eastern Europe, the European Union, and North America. Mr. Novak is also the President of Prime Interactive SRO, one of the largest and oldest European web hosting service companies. Prime Interactive entered into an agreement with VSC disclosed in VSC's news release of April 6, 2009. This significant appointment will bring Mr. Novak's extensive experience and large network of key decision makers into the company. Mr. Novak's banking and financial sector expertise we believe will accelerate the VSC expansion plan and ensure a solid footing in the European and North American markets as VSC continues to strive to become the premiere provider of financial transaction 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/

Copyright