SOURCE: SmartMetric, Inc.

SmartMetric, Inc.

July 20, 2011 15:22 ET

Contact Chip Banking Cards Violate SmartMetric, Inc. Issued Patent According to Latest Ruling in the SmartMetric Patent Infringement Case Brought Against Visa, MasterCard and American Express

Card Issuing Organizations and Banks Are Alleged to Be Violating the SmartMetric-Issued Patent

BAY HARBOR, FL--(Marketwire - Jul 20, 2011) - SmartMetric, Inc. (OTCBB: SMME) today filed an 8-K with the U.S. Securities and Exchange Commission to update Company shareholders of SmartMetric's continued vigorous defense of its patent, U.S. Patent 6,792,464, concerning both contact and contactless smart card technology.

The Company President & CEO, C. Hendrick, said its management plans to vigorously defend its patent against infringement from major banks that have recently begun issuing "contact" technology-based smart cards to their customers.

Supported by the Court's recent definition of the Company's patent as covering "contact" technology, the Company has determined these banks' cards and card Companies are in direct violation of the SmartMetric patent. SmartMetric will be seeking significant damages for harm done to the Company by what it alleges to be substantial disregard to the constitutionally protected rights of an inventor against corporate bullying and ignoring of such intellectual property rights by large corporations.

About SmartMetric:
The SmartMetric Biometric Card Computer provides powerful computing with large memory capacity in a revolutionary size that has taken more than 10 years of research and development. Using the latest in sub-micro-technology electronics, the company has achieved a level of miniaturization that allows it to release a solution of portable computing power that, combined with SmartMetric's biometric fingerprint in-card scanning technology, is so revolutionary it will change the way business is done and information is handled across a broad range of industries. For further information please go to the company website: 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:

    Constellation Asset Advisors, Inc.
    +1 (415) 524-8500

    Company Contact:

    C. Hendrick
    President & CEO
    SmartMetric, Inc.
    Tel USA: +1.786.623.5779 (local USA call)
    Email Contact
    www.smartmetric.com