NEW YORK, Nov. 17, 2017 — SmartMetric, Inc. (OTCQB:SMME) – SmartMetric, the developer of the biometric fingerprint activated credit card, is now able to offer many new security solutions using the company's in-the-card fingerprint biometric scanner.
A card as thin as a credit card, yet having inside a powerful instant fingerprint scanner that is used to validate the card holder, provides a strong new tool that can be used across many industries. The SmartMetric card has a separate processor to the simple processor found in smart card chips. Also the card has significantly more memory, allowing it to run different applications while being able to safely and securely store information.Going beyond credit cards allows the new biometric card platform by SmartMetric to spawn a whole new industry in the issuance of hybrid multi-application and usage in a single biometric card.The marriage of functions such as transport payments, health information and payments, and a card for regular purchasing all in a strongly secured multi-function biometric protected card creates a whole new level of opportunity for SmartMetric, said today the company President and CEO, Chaya Hendrick.The SmartMetric biometric card has been designed to work with EMV/Chip Cards. It is estimated more than 4 billion Chip Cards have now been issued around the world, with close to a billion chip cards having now been issued in the United States.New companies are now starting to spring up to capitalize on the new market for biometric credit cards pioneered by SmartMetric. The biggest challenge they face is in having a workable power solution to drive the cards' fingerprint scanning while also having their electronics on a thin enough circuit board that can fit inside a card that meets credit card ISO standards.SmartMetric is pleased that its biometric card is now protected by five new additional patents. It is only right that the company that has lead the world in developing a biometric credit/smart card should now be able to enjoy the economic benefit of its intellectual property, Chaya Hendrick said.SmartMetric presented its latest biometric card that is as thin as a standard credit card at the recent Money 20/20 conference in Las Vegas. The company has developed both a biometric fingerprint activated card as well as a multi-function physical, logical access and identity biometric activated card.“We are seeing a lot of interest from both the security sector as well as the banking sector. We have now turned a corner particularly in the Banking industry, where it is being acknowledged that the SmartMetric biometric card technology pioneered by SmartMetric is the next logical step in providing stronger payments card security,” said Chaya Hendrick.SmartMetric has the capacity to build 1 million cards a month with the ability to scale this up quickly.To view the SmartMetric Biometric Card please follow this link – Video of the SmartMetric Biometric CardTo view the company website: www.smartmetric.com*EMV is a registered trade mark of EMVco. Source: https://www.emvco.com/about/deployment-statistics/Disclaimer: EMVco is not associated with SmartMetric,Inc.Safe Harbor Statement: Forward-Looking Statements in this press release, which are not historical facts, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Also such forward-looking statements are within the meaning of that term in Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Our actual results, performance or achievements may differ materially from those expressed or implied by these forward-looking statements. In some cases, you can identify forward-looking statements by the use of words such as “may,” “could,” “expect,” “intend,” “plan,” “seek,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “continue,” “likely,” “will,” “would” and variations of these terms and similar expressions, or the negative of these terms or similar expressions. Such forward-looking statements are necessarily based upon estimates and assumptions that, while considered reasonable by us and our management, are inherently uncertain. Factors that may cause actual results to differ materially from current expectations include, among others, if we are unable to access the capital necessary to fund current operations or implement our plans for growth; changes in the competitive environment in our industry and the markets where we operate; our ability to access the capital markets; and other risks discussed in the Company's filings with the U.S. Securities and Exchange Commission, including our Annual Report on Form 10-K, which filings are available from the SEC. We caution you not to place undue reliance on any forward-looking statements, which are made as of the date of this press release. We undertake no obligation to update publicly any of these forward-looking statements to reflect actual results, new information or future events, changes in assumptions or changes in other factors affecting forward-looking statements, except to the extent required by applicable laws. If we update one or more forward-looking statements, no inference should be drawn that we will make additional updates with respect to those or other forward-looking statements.Important Additional InformationInvestors and security holders are urged to carefully review and consider each of SmartMetric Inc. public filings with the SEC, including but not limited to, if applicable, Annual Reports on Form 10-K, proxy statements, Current Reports on Form 8-K and Quarterly Reports on Form 10-Q.Contact InformationSmartMetric, Inc.
[email protected]Investor Relations
Everest Corporate Advisors, Inc.
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