Exhibit 99.1

         VERIFYSMART(TM) CORP SIGNS AUTHENTICATION AND GATEWAY SERVICES
                    AGREEMENT WITH CROWN MUTUAL CORPORATION

TAGUIG, METRO MANILA, Philippines, June 11, 2009 - VerifySmart(TM) Corp. (VSMR:
OTCBB): VerifySmart(TM) (VSC), a global leader in secure and fraud free payment
processing services, is pleased to announce it has signed a 5 year agreement
with Crown Mutual Corporation to provide VSC's VerifyGateway and VerifyNGo suite
of services.

This agreement will provide Crown Mutual Corp. with a secure and scalable
transaction processing platform using VSCs proprietary technology. Under the
terms of the agreement, Crown Mutual Corp. will use the VSC solution to reduce
fraud and chargeback rates associated with its high risk transaction volume
across its customer base. VerifySmart (TM) will receive a per transaction
verification fee. The terms of this agreement are applicable for a five year
duration, renewable thereafter. Projected revenue is anticipated to be in excess
of $5,100,000 US per quarter.

This agreement represents another key milestone in the realization of VSC's
strategy to become the leading worldwide authentication provider in securing
financial transactions.

About VerifySmart(TM) Corp.

VerifySmart(TM) Corp. is a fully reporting issuer with the shares traded on the
"OTCBB". The company's mandate is to market, sell and manage fraud prevention
products and services as an exclusive licensee. An international company,
VerifySmart's(TM) patent-pending technology is garnering world wide attention
and rapidly gaining acceptance across a security challenged industry.

About Crown Mutual Corporation.

Crown Mutual Corporation (Incorporated 2001) leads the industry in debt recovery
and high risk transaction processing. Crown services multiple clients in the
high risk sector.

Forward Looking Statements

This news release contains "forward-looking statements", as that term is defined
in Section 27A of the United States Securities Act of 1933 and Section 21E of
the Securities Exchange Act of 1934. Statements in this news release which are
not purely historical are forward-looking statements and include any statements
regarding beliefs, plans, expectations or intentions regarding the future,
including but not limited to: that Crown Mutual Corp. will use the VSC solution
to reduce fraud and chargeback rates, that Crown Mutual Corp. will deploy the
VeriSmart Card to its applicable customer base, any fees that VSC may receive
under the agreement, and that projected gross revenue is anticipated to be in
excess of $5,100,000 per quarter.

Actual results could differ from those projected in any forward-looking
statements due to numerous factors. Such factors include, among others, the
inherent uncertainty of financial estimates and projections, the competitive and
regulatory environment for start up software companies, stock market conditions,
unforeseen technical difficulties and our ongoing ability to operate a business

and obtain financing. These forward-looking statements are made as of the date
of this current report, and we assume no obligation to update the
forward-looking statements, or to update the reasons why actual results could
differ from those projected in the forward-looking statements.

Although we believe that our beliefs, plans, expectations and intentions
contained in this current report are reasonable, there can be no assurance that
such beliefs, plans, expectations or intentions will prove to be accurate.
Investors should consult all of the information set forth herein and should also
refer to the risk factors disclosure outlined in our annual report on Form 10-K
for the 2008 fiscal year, our quarterly reports on Form 10-Q and our other
periodic reports filed from time-to-time with the Securities and Exchange
Commission pursuant to the Securities Exchange Act.

Corporate Headquarters

    Fort Legend Towers, Suite 2002 - 3rd Avenue corner 31st Street
    E-Square, Fort Bonifacio Global City, Taguig
    Metro Manila, Philippines

Investor Relations

    Danny Gravelle
    Goal Capital LLC
    1-949-481-5396

Questions or Feedback

    inquiry@verifysmart.com
    www.verifysmart.com