Smart Online’s New Partnership with Segurex, S.A. to Offer a Spanish Private Label Platform to Financial Service Companies in the Caribbean

January 18, 2007; 02:14 AM
Smart Online Inc. (OTCBB: SOLN), a leading provider of Software-as-a-Service (SaaS) for the small business market, today announced a partnership with Segurex, S.A., a firm that provides IT services to financial service companies in Caribbean countries. Smart Online and Segurex are partnering to offer a Spanish version of Smart Online’s applications to financial service companies, which will be offered as a private labeled site to their small business customers.

“We are pleased with the opportunity to establish working relationships with financial institutions in Spanish-speaking Caribbean countries. The growing small business market is requesting solutions to help them start and manage their companies more efficiently.” said Michael Nouri, president & CEO, Smart Online, Inc. “Financial institutions realize this need and are looking for a private label solution to offer to their customers. We believe the Smart Online applications meet these needs.”

“Many small businesses face a lack of management control over operations and profitability because of manual and isolated procedures to track their day to day operations while others have many different software programs not integrated with each other that are complicated to use. Existing client-server enterprise applications are expensive to implement, run and maintain. Smart Online’s platform offers integrated applications for small business as a cost-effective, easy-to-use solution to empower the user with the functionality needed to be more productive. Small business owners are looking for a comprehensive solution that is integrated and bundled with their financial service products. I am pleased to be working with Smart Online to offer a complete private label platform with small business applications developed by Smart Online,” said César Gil Hued, president, Segurex.

About Smart Online, Inc.

Smart Online Inc. (OTCBB: SOLN), a pioneer of Web-native applications, offers a private-label syndicated online business platform that enables Web delivery of applications and services used to start and manage small businesses. In 1999, Smart Online converted its business applications to a Software-as-a-Service (SaaS) Web delivery model. Today, the company markets its Web-based business applications to corporations via the private-labeling of its syndicated software services. These companies private-label and add to their Web sites Smart Online’s applications to enable their business customers to run their businesses more efficiently and without the upfront capital typically required for traditional business software and IT resources. To learn more go to http://www.smartonline.com.

Smart Online, the Smart Online logo, and OneBiz are trademarks and/or registered trademarks of Smart Online Inc. in the United States. Other marks belong to their respective owners.

About Segurex, S.A.

Segurex, S.A is a privately owned IT company offering productivity technology solutions and tools, security and Biometric ID to the SME Business, Corporate, Financial and Government sectors in the Dominican Republic and Caribbean.