SmartMetric Announces Development of Advanced Secure Credit Card With Memory and Processing Power That Rivals Today's Tablets & Smartphones

BAY HARBOR ISLANDS, FL--(Marketwire - Jun 13, 2012) - SmartMetric, Inc. (OTCBB: SMME), developer of "Secured by Biometrics" Credit and Identity Cards, announced today SmartMetric has successfully developed and incorporated into its breakthrough fingerprint activated credit card sized card, memory capacity that rivals todays tablets and the latest generation Smartphones.

Speaking from the Company's newly established manufacturing center in Buenos Aires, Argentina SmartMetric's President & CEO, Ms. Chaya Hendrick stated: "We are very excited with the level of miniaturization we have successfully achieved inserting high density memory capacity inside our credit card sized Smart Card device. SmartMetric will now be able to introduce to the market a variety of cutting edge card-based solutions covering a myriad of industries from banking to medical health records. With a minimum of 64GB of internal memory the SmartMetric "Chip & Swipe"™ fingerprint activated card stands to revolutionize whole market segments around the World for the Company.

For more information, please visit SmartMetric's corporate site at www.smartmetric.com.

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's 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.