SOURCE: SmartMetric, Inc.

SmartMetric, Inc.

March 12, 2015 10:55 ET

2.37 Billion EMV Chip Payment Cards Issued Globally -- SmartMetric Adds Biometric Security Inside Chip Cards

NEW YORK, NY--(Marketwired - Mar 12, 2015) - SmartMetric, Inc. (OTCQB: SMME) The market for EMV Chip Cards has grown to over 2.37 billion issued credit and debit cards globally. These cards use a chip on the surface rather than relying on the 40 year old mag stripe technology to store a card users information. Problem is that the card can still be hacked or used by someone else. 

SmartMetric has spent over a decade in R&D to create a biometric fingerprint scanner inside the card in order to tie the use of the card to the authorized card user. Shrinking the electronics of a fingerprint scanner to less than 1/3 of the thickness of a credit card has been a major achievement and now gives SmartMetric a unique new security product for the 2.37 billion chip cards in use around the World said the company President & CEO Chaya Hendrick.

To read more about SmartMetric's biometric technology please go to www.smartmetric.com

About SmartMetric, Inc. SmartMetric is a publicly traded technology company that has added a fingerprint scanner built inside EMV payment credit and debit chip cards thereby creating a second layer biometric authentication protection in defending against card fraud. The company is now actively marketing its technology to card issuing financial institutions around the World. To find out more please go to www.smartmetric.com

Safe Harbor Statement Certain of the above statements contained in this press release are forward-looking statements that involve a number of risks and uncertainties. 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. Readers are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those indicated in the forward-looking statements as a result of various factors.

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    SmartMetric, Inc.
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    Email: info@smartmetric.com