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Smartmatic

Antonio Mugica profiled in South Florida CEO magazine

Boca Raton, October 15, 2004.- South Florida CEO magazine profiled Smartmatic CEO Antonio Mugica in its October, 2004 edition. In describing the August 15, 2004 Referendum in Venezuela, the magazine noted that is was: "...one of the most rapidly tallied national votes ever, due in large measure to the 20,000 electronic voting machines deployed by Boca Raton-based Smartmatic Corp."

"We designed the [voting system] with many layers of security, like an onion," said Antonio Mugica. "If someone tried to tamper with a machine and changed just one byte, the machine would shut down... With all the paranoia in Venezuela, we set out to make the most secure methodologies possible. The source code was verified by independent engineers. It is virtually impossible, with the layers of electronic security and a hardcopy of every vote cast, for the results to be falsified. We couldn't alter them if we tried."

The article also described Smartmatic's Unified Security Platform: "The company is currently deploying device-networking technology in Latin America at 500 branches of the Santander Bank, one of the world's largest financial institutions. Smartmatic's "Unified Security Platform" ties together physical security devices and surveillance equipment across a secure network."

According to Mr. Mugica, "Electronic voting technology is "only 2 percent of what we do, from a technology point of view - 98 percent, our core, is device networking technology."

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About Smartmatic
Smartmatic is a multinational company that specializes in the design and end-to-end deployment of complex purpose-specific technology solutions. With an unsurpassed technology base, continuous innovation, and quality in processes and results, Smartmatic is organized around three business areas: Electronic voting systems, intelligent and integrated security systems for large enterprises and governments, and advanced solutions for people registration and authentication for a wide range of government applications.

Smartmatic is a privately held company with offices in the US, Mexico, Venezuela, Barbados, Spain, Philippines and Taiwan.  It has more than 200 employees worldwide.  Its capacity for innovation and wide range of products and services have earned Smartmatic extensive recognition in the technology community worldwide.