Exhibit 99.1

PubliCARD, INC. COMMON STOCK TO BE DELISTED FROM NASDAQ SMALLCAP MARKET

      NEW YORK - March 25, 2003 - PubliCARD, Inc. (Nasdaq SmallCap: CARD)
announced today that it has received a Nasdaq Staff Determination letter
indicating that the Company failed to comply with the $1.00 minimum bid price
requirement for continued listing set forth in Marketplace Rule 4310(c)(4), and
that its securities are, therefore, subject to delisting from The Nasdaq
SmallCap Market. The Company will not appeal the determination. Effective with
the open of business on March 28, 2003, the Company expects its common stock to
begin trading on the OTC Bulletin Board under the symbol "CARD".

About PubliCARD, Inc.

      Headquartered in New York, NY, PubliCARD, through its Infineer Ltd.
subsidiary, designs smart card solutions for educational and corporate sites.
The Company's future plans revolve around a potential acquisition strategy that
would focus on businesses in areas outside the high technology sector while
continuing to support the expansion of the Infineer business. However, the
Company will not be able to implement such plans unless it is successful in
obtaining additional funding, as to which no assurance can be given. More
information about PubliCARD can be found on its web site www.publicard.com.

      Special Note Regarding Forward-Looking Statements: Certain statements
contained in this press release may constitute forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of 1995 that involve
risks and uncertainties that could cause actual results to differ materially
from those expressed or implied in the applicable statements. Such factors
include general economic and business conditions, the ability to fund operations
and need to raise capital, the ability to identify and consummate acquisitions
and strategic alliances, business and product development, time to market, the
loss of market share, ability to attract and retain employees, development of
competitive products by others, ability to protect our intellectual property,
impact of pending litigation, continued listing and liquidity of our common
shares, market makers choosing not to make a market for our common shares on the
OTC Bulletin Board and other factors over which PubliCARD has no control. For
more information on the potential factors which could affect financial results,
refer to the Company's most recent Annual Report on Form 10-K for the year ended
December 31, 2001, as amended, and quarterly reports on Form 10-Q for the
quarters ended March 31, 2002, June 30, 2002 and September 30, 2002 as filed
with the SEC.