Trading Statement

Advanced Smartcard Technologies plc 08 February 2006 Advanced Smartcard Technologies plc Advanced Smartcard Technologies Record First Quarter Advanced Smartcard Technologies plc, ("SMRT") the Scottish based software group specialising in smartcard technology, is pleased to announce that trading in the first quarter of their financial year has been encouraging. The group achieved a record first quarter operating profit as a result of profitable trading in its wholly owned subsidiary, Ecebs Limited. David Braddock, Managing Director of SMRT, commented, " We are extremely pleased to have delivered such positive results and remain focused on the implementation and delivery of smartcard applications to our clients and partners. Our smartcard technology has been adopted with great enthusiasm, and we are committed to expanding this in all our chosen market sectors. The company is continuing to drive sales forward and maintains a strong pipeline of future orders." - ends - Date: February 8, 2006 For further information contact: Advanced Smartcard Technologies plc 01355-268521 David Braddock, Managing Director Stephen Naylor, Finance Director SVS Securities 020 7638 5600 Ian Callaway Peter Manfield cityPROFILE 020 7448 3244 Simon Courtenay Lynn Mah About Advanced Smartcard Technologies plc ("SMRT", "The Company") 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. The Company's key differential is its core intellectual property, a software product branded 'MultefileTM'. This is a patented, groundbreaking technology, which is set to radically improve the way smartcards are deployed and developed within the industry, significantly reducing development costs and increasing the flexibility of smartcard solutions. MultefileTM enables smartcard issuers to directly manage their smartcards after issue - bringing significant benefit to both issuers and users. This information is provided by RNS The company news service from the London Stock Exchange
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