SOURCE: SmartMetric, Inc.

SmartMetric, Inc.

June 23, 2010 12:43 ET

SmartMetric, Inc. Files Motion in Visa MasterCard Case

Calls for a Jury Trial Against MasterCard and Visa in Its Patent Infringement Case

BAY HARBOR, FL--(Marketwire - June 23, 2010) -  SmartMetric, Inc. (OTCBB: SMME) announced today that the Company filed an opposition to defendant MasterCard Incorporated ("MasterCard") and Visa, Inc.'s ("Visa") June 14, 2010 "Motion to Dismiss for Failure to State a Claim."

As set forth in the Company's opposition to the defendant's motion to dismiss, "The First Amended Complaint seeks monetary and injunctive relief, and properly alleges jurisdiction and venue. The Company's opposition concludes by reiterating that the defendants "have adequate information to answer. The Court should deny their motion and Order defendants to answer." 

A hearing on the defendant's motion is presently scheduled to be heard on July 12, 2010 at 2:00 pm in the United States District Court for the Central District of California.

Commenting on the Company's response to the defendant's motion to dismiss, SmartMetric's CEO Colin Hendrick said, "While the Company expected delaying tactics by the defendants, they have shown an unwillingness to deal with the substantive merits of our case. But they can only delay for so long before they will be in the courtroom facing our serious complaint against them."

About SmartMetric, Inc.
SmartMetric, Inc. has developed a portable biometric identity and transaction card capable of storing a wide variety of personal information while protecting you against identity theft and fraud. It is one of the most advanced portable identity authentication solutions in the world today. The card contains a biometric fingerprint scanner and reader which only you can unlock and is smaller and thinner than a credit card. The SmartMetric card is ideal for a wide range of consumers, including Personal, Government and Corporate.

For more information please visit us at 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.

Contact Information

  • Investor Contact:
    Redwood Consultants, LLC
    415.884.0348

    Jens Dalsgaard
    Managing Director