Smart Holdings Contracts with Park Auto Mall to Handle Florida Business

MARIETTA, Ga.--Smart Holdings, Inc. (SMHS.PK), dba Assurance Group Direct today announced that the Company has entered into a contract with Park Auto Mall, http://www.parkautomall.com/, a Florida based used car dealer, who will handle the Company’s direct response sales leads in Florida. Park Auto Mall will be able to offer a quality extended policy using their trained sales staff and the Company will profit share on those sales. The Company also has the ability to sell direct from the main call center under the Florida dealer status.

“It is also a real business establishment where we can have our customers walk in and meet face to face with a sales person and even finance a plan right into a used car purchase, making payout of full commissions faster than a 12 or 18 month finance phone sale.”

Florida is one of the states that require companies to actually be a car dealership with a brick and mortar building and a sales staff to sell extended service contracts. Smart Holdings will be marketing nationwide and is currently able to do business direct to consumers in 42 states. Some of the states the Company is still seeking dealer relationships in are CA, KY, MA, MD, ME, PA, OK, OR and VA.

The Company’s goal is to be able to sell in all 50 states within the next 6 months by contracting with more brick and mortar auto dealers or by obtaining dealer licensing and additional service contract providers. When a lead comes in from television or internet marketing, it can be transferred to a representative in real time, direct to the Florida dealer.

“Florida is one of the biggest markets, but is highly regulated with standardized rates and brick and mortar requirements. You must be a dealer to sell extended service plans in Florida. This deal gives Smart Holdings, in essence, a satellite sales-center in which they can sell through without any employee expense, just the cost of the lead. It’s a win-win situation for both of us,�?? said Brian Sanders, president of Smart Holdings, Inc. “It is also a real business establishment where we can have our customers walk in and meet face to face with a sales person and even finance a plan right into a used car purchase, making payout of full commissions faster than a 12 or 18 month finance phone sale.�??

About Smart Holdings, Inc.

Headquartered in Marietta, GA, Smart Holdings, Inc., through its wholly owned subsidiary, Assurance Group Direct, is in the business of selling automotive extended service plans on a nationwide basis directly to consumers through national television advertising and internet marketing as well as traditional wholesale distribution channels such as the brick and mortar auto dealers, used car dealers, service drives, auctions and through organizations and finance companies.

For more information, please visit: www.smartholdingsinc.com.

Forward Looking Statements

This press release includes statements that constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 (the "Reform Act"). Smart Holdings, Inc. claims the protection of the safe-harbor for forward-looking statements contained in the Reform Act. These forward-looking statements are often characterized by the terms "may," "believes," "projects," "expects," or "anticipates," and do not reflect historical facts. Specific forward-looking statements contained in this press release include, but are not limited to: our successful integration of diversified growth companies, impact of the company's expansion plan, and new business development success, future financial results, development and acquisition of new product lines and services, the impact of competitive products or pricing from technological changes, the effect of economic conditions and other uncertainties.