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CALGARY, Alberta, Feb. 14, 2011 (GLOBE NEWSWIRE) -- SMART Technologies Inc. ("SMART") (TSX:SMA) (Nasdaq:SMT), a leading provider of collaboration solutions, announces that it has become aware that a class proceeding ("Class Action") has been commenced in the Ontario Superior Court of Justice on behalf of purchasers of shares of SMART in the July 2010 initial public offering of 38.8 million shares.