SOURCE: SmartMetric, Inc.

SmartMetric, Inc.

August 31, 2017 10:30 ET

Cybersecurity, Identity and Access Management Using World First Multi-Function Biometric Security Card by SmartMetric for the Projected $14.82 Billion Security Access Market

NEW YORK, NY--(Marketwired - August 31, 2017) - SmartMetric, Inc. (OTCQB: SMME) -- Cybersecurity and identity validation for network access control, physical building entry and secure on-the-spot identity security is now handled by the revolutionary biometric security card developed by SmartMetric. SmartMetric has created an advanced biometric card that combines cyber security for network log on credentialing along with building and doorway access and security desk identification in a credit card sized (including thickness) card. This multifunction cyber, access and identity card is a revolutionary new product for the security world built on the in-the-card biometric validation and card activation technology developed by SmartMetric.

"From Governments to the workplace, everyone is wanting better, stronger security across the enterprise. Our new biometric multifunction security card provides a revolutionary biometric based solution that is portable, easily integrated and backward compatible to existing backend security infrastructure" said today SmartMetric's President and CEO, Chaya Hendrick.

The new multifunction biometric security card by SmartMetric is a revolutionary leap forward in the Cyber and Access Security world according to SmartMetric.

Access management market is estimated to grow from USD 8.09 billion in 2016 to USD 14.82 billion by 2021, at a CAGR of 12.9% between 2016 and 2021 according to a recent research report.*

SmartMetric is evaluating various distribution partnerships with some of the largest companies in the Security and Identity market. The company intends to move forward quickly in partnership with established industry players allowing the company's biometric card product rapid adoption globally.

The company is also heavily involved in the credit card market having developed a fingerprint biometric activated and validated credit card. This allows banks to issue a biometric card that satisfies the growing demand by card customers for a stronger more secure credit card. The SmartMetric biometric credit card works with chip cards. There are more than 4 billion chip cards now issued by banks around the world.

To view the SmartMetric Biometric Card please follow this link - Video of the SmartMetric Biometric Card

To view the company website: www.smartmetric.com

* publication titled Identity & Access Management Market – Global Forecast by Marqual IT Solutions Pvt. Ltd (KBV Research) November 2016

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 Information

Investors 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 Information

  • Contact Information

    SmartMetric, Inc. Head Office
    +1.702.990.3687
    info@smartmetric.com

    Investor Relations
    Everest Corporate Advisors, Inc.
    702.334.7791
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