SOURCE: SmartMetric, Inc.

SmartMetric, Inc.

May 07, 2013 10:39 ET

SmartMetric Claims $13.4 Billion in Patent Infringement Lawsuit Brought Against Visa and MasterCard

Largest Patent Claim in USA History

BAY HARBOR, FL--(Marketwired - May 7, 2013) -  SmartMetric, Inc. (OTCQB: SMME) -- The President and CEO of SmartMetric, Inc., Ms. Chaya Hendrick said this morning, SmartMetric's Patent infringement litigation against Visa and MasterCard based on its issued "464" patent that covers data cards (smart cards) is claiming $13.4 Billion collectively from Visa and MasterCard in damages and paid up royalties.

After a number of years before the court, two Markmen hearings and a successful appeal to the United States Federal Appeals Court in Washington DC, Ms. Chaya Hendrick said today that the company is looking forward to having its case heard before a trial by jury on September 9th, 2013.

For further information on SmartMetric and its technology please go to its website, www.smartmetric.com.

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

  • Contact:
    Investor Relations:
    Jens Dalsgard
    ConstellationAA.com
    415.524.8500


    SmartMetric, Inc.
    Ms. Chaya C. Hendrick
    President & CEO
    Office: 786.294.6000
    Direct: 305.607.3910
    ceo@smartmetric.com