Smart SMS Corp. Receives $13,000,000 in Outside Funding

Weir said, “We are very excited with the company’s current exponential growth and future plans for expansion. With the advanced technology we are looking to acquire, we are positioning Smart SMS to be at the forefront of our industry.”

In connection with the first tier of funding, STMC also issued 13,000,000 shares of its common stock with a Rule 144 restrictive legend.

The initial investment was made by Stagg Capital Group LLC and its affiliates.

According to the terms of the deal, Stagg Capital Group LLC and its affiliates have the exclusive right to purchase an additional $7,000,000 of senior secured notes and common stock on the same terms as the August financing through December 14, 2007.

About Smart SMS Corporation:

Smart SMS Corp. (Pink Sheets: - ), , is a premier mobile banking and mobile marketing company. CCSI (Columbia Card Systems International) a wholly owned subsidiary of Smart SMS Corp. heads up the mobile banking aspect and offers mobile applications and financial services worldwide. CCSI is currently partnered with VISA, Star, Plus, First Data and West Coast Bank.

The mobile marketing division specializes in market branding via text and MMS for television shows, celebrities, musicians, entertainers, athletes, and major brands, as well as fundraising programs. Headquartered in Los Angeles, Calif., Smart SMS Corp. operates the SmartSMS? brand for campaign administration and management in North, Central, and South America. The SmartSMS? platform has been used successfully to launch more than 500 campaigns worldwide. Smart SMS Corp. utilizes the worlds most powerful and reliable data distribution networks available today efficiently connecting content providers with mobile clientele the world over.

About Stagg Capital Group LLC:

Stagg Capital Group LLC and its affiliates, located in Greenwich, CT, manage approximately $400 million in assets, focusing on special situation and event driven investing. Scott A. Stagg, the managing member of Stagg Capital Group LLC, has nearly 14 years of special situation and investment experience and 22 years of credit experience. Amir Khan, a member of Stagg Capital Group LLC, has over 15 years of capital markets experience in various capacities around the world.

Forward-Looking Statements:

Investors are cautioned that certain statements contained in this document as well as some statements in periodic press releases and some oral statements of public officers are "Forward-Looking Statements" within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Act"). Forward-looking statements include statements which are predictive in nature, which depend upon or refer to future events or conditions, which include words such as "believes," "anticipates," "intends," "plans," "expects," and similar expressions. In addition, any statements concerning future financial performance (including future revenues, earnings or growth rates), ongoing business strategies or prospects, and possible future actions, which may be provided by management, are also forward-looking statements as defined by the Act. Forward-looking statements involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance or achievements of the Company to materially differ from any future results, performance, or achievements expressed or implied by such forward-looking statements and to vary significantly from reporting period to reporting period. Although management believes that the assumptions made and expectations reflected in the forward-looking statements are reasonable, there is no assurance that the underlying assumptions will, in fact, prove to be correct or that actual future results will not be different from the expectations expressed in this report. These statements are not guarantees of future performance and the Company has no specific intention to update these statements.