SOURCE: SmartMetric, Inc.

SmartMetric, Inc.

January 11, 2016 10:25 ET

SmartMetric Creates a Safer Credit Card With Built in Fingerprint Biometrics to Protect Consumers and Banks Against Fraud and Identity Theft Using SmartMetric Advanced Miniature Electronics Engineering

NEW YORK, NY--(Marketwired - January 11, 2016) - SmartMetric, Inc. (OTCQB: SMME) -- SmartMetric has spent more than a decade in Research and Development to create a fully functional fingerprint scanner that is 25% of the thickness of a credit card enabling it to fit inside a standard credit card. The credit card has with the SmartMetric built inside biometric fingerprint scanner and match validation works with EMV Chip cards that are in use around the developed world and now being issued in the United States.

To create this amazing payments card innovation we had to take the components of a standard fingerprint scanner and reduce them to an incredibly thin size. We also had to develop a special operating system for the devices Cortex processor along with a unique power management system to handle the cards internal battery, said today SmartMetric's President and CEO, Chaya Hendrick.

"We are excited with the reception we are getting from financial institutions from around the world who see our product as an exciting new card category that could also create new card customers for the card issuing institutions that issuer this advanced technology based card," said today SmartMetric's President & CEO, Chaya Hendrick. While we are not able to disclose the talks that are underway with Banks and card issuers around the world we can report that there is a very high level of interest in our new biometric card product. Based on these discussions we have had to prepare for initial mass production capacity of 1 million cards a month. We are also planning on being able to increase significantly our electronics production capacity above this level as we move into sales and marketing during 2016 said Chaya Hendrick.

To view a video of the SmartMetric biometric chip card follow this link:

SmartMetric Biometric Payments Card -- https://youtu.be/zSX59uHoHqU

To view 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

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