Contract Win

Advanced Smartcard Technologies plc 08 May 2006 ADVANCED SMARTCARD TECHNOLOGIES PLC ANNOUNCES £700,000 NEW CONTRACT SUCCESSES Advanced Smartcard Technologies (RIC: SMRT/L), ("AST") the Scottish based software group specialising in smartcard technology, through its wholly owned subsidiary Ecebs Limited, is delighted to announce that the Company has been awarded new contracts worth in excess of £700,000 over the next 12 months. The new contracts include further business with subsidiaries of The Royal Bank of Scotland Group PLC and also with ITI Techmedia, a company set up with the support of the Scottish Executive to drive Scotland's ambitious plans to identify and commercialise valuable technology-based intellectual assets. The contracts will develop further AST's business in the areas of secure smartcard transport ticketing and anti-counterfeiting activity. David Braddock, Managing Director of AST commented, " We are delighted to win these new contracts and extremely pleased that our successful technology development in the highly specialised sectors of transport ticketing and anti-counterfeiting continues to be adopted by such high calibre companies. This is a further vindication of the strength of our developing smartcard technology and processes. " Since listing in December 2005 we have made significant progress in developing our technology. It is excellent news that our development capability has been recognised by high profile clients in Scotland including Royal Bank of Scotland." -ends- Date: 8 May 2006 For further information contact: Advanced Smartcard Technologies plc 01355-268521 David Braddock, Managing Director Stephen Naylor, Finance Director SVS Securities plc 020 7638 5600 Ian Callaway Peter Manfield ARM Corporate Finance Limited 020 7512 0191 Nick Harriss cityPROFILE 020 7448 3244 Simon Courtenay Andrew Harris NOTES TO EDITORS About Advanced Smartcard Technologies plc Advanced Smartcard Technologies plc, through its wholly owned subsidiary Ecebs Limited, is a profit making, software company operating in the dynamic and expanding smartcard arena. SMRT listed on AIM in December 2005. The Company provides smartcard technology to a wide range of user markets including transport, ID, healthcare, finance and local and national government departments and blue-chip companies. This information is provided by RNS The company news service from the London Stock Exchange
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