Smart Ventures Inc., (Pink Sheets:SMVR) plans to establish a number of scrap to rolled products production steel plants with the SSP technology worldwide. Smart-mill using Smart Steel™ technology will produce 150,000 metric tons per annum of rolled products from scrap steel. The build time for smart-mill is estimated at 18-20 months. The manufacturing process conserves heat and energy by reducing the distance travelled by the steel between stages of manufacture and by automating these stages, resulting in a positive impact on the environment. More information on Smart Ventures Inc. may be obtained from the company's Website: www.ssp-steel.com.

This news release may contain forward looking statements within the meaning of the Securities Litigation Reform Act. The statements reflect the Company’s current views with respect to future events that involve risks and uncertainties. Among others, these risks include the failure to meet schedule or performance requirements of the Company’s contracts, the Company’s liquidity position, the Company’s ability to obtain new contracts, the emergence of competitors with greater financial resources, and the impact of competitive pricing. In the light of these uncertainties the forward-looking events referred to in this release might not occur.

Smart Ventures (CE) (USOTC:SMVR)
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