Article: SMART ONLINE CHIEF EXECUTIVE OFFICER, TWO OTHERS FOUND GUILTY OF MANIPULATION OF COMPANY STOCK

NEW YORK, July 2 -- The U.S. Department of Justice's Federal Bureau of Investigation New York Field Office issued the following press release

LEV L. DASSIN, the Acting United States Attorney for the Southern District of New York, announced that DENNIS MICHAEL NOURI, the former Chief Executive Officer ("CEO") and President of Smart Online, REZA ERIC NOURI, a former Smart Online employee and brother of the CEO, and stock broker ANTHONY MARTIN were found guilty today, after a three-week jury trial before United States District Judge DENNY CHIN.

According to the Superseding Indictment and the evidence at trial:

From May 2005 through July 2007, DENNIS MICHAEL NOURI and REZA ERIC NOURI engaged in ...

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