SOURCE: SmartMetric, Inc.

SmartMetric, Inc.

April 15, 2015 11:40 ET

SmartMetric Brings Fingerprint Activated Near Field Communication (NFC) to the Credit and Debit Card

NEW YORK, NY--(Marketwired - Apr 15, 2015) - SmartMetric, Inc. (OTCQB: SMME) SmartMetric, using its in-card biometric fingerprint reader, has developed an NFC contactless chip that is activated following a positive fingerprint match by the card user.

NFC stands for Near Field Communication and is the standard method adopted in the payment industry to allow for wireless contactless credit or debit card transactions. Many credit and debit cards have already installed NFC chips, however, they have presented a serious security risk since anyone with a simple scanner in close proximity can steal the card owners' credit or debit card information. 

In order to protect users' card information from wireless theft, SmartMetric has developed a card whose wireless transmission only takes place after a positive fingerprint match by the card holder. "This is a tremendous leap in using biometrics to secure payments cards," SmartMetric's President & CEO Chaya Hendrick said today.

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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