SOURCE: SmartMetric, Inc.

SmartMetric, Inc.

October 21, 2015 11:11 ET

SmartMetric, the Creator of Biometric EMV Chip and Credit Cards, Reports a Decade of Data Breaches Has Seen 5,593 Separate Incidents of Major Data Record Theft Involving Nearly 829 Million Individual Records

NEW YORK, NY--(Marketwired - October 21, 2015) - SmartMetric, Inc. (OTCQB: SMME) -- According to a report released by the Identity Theft Resource Center (IATC), as of October 2015 alone there has been a total of 606 significant data breaches exposing more than 175 million individual records in the United States.

The IATC also reported in the USA since 2005 there has been 5,593 separate incidents of data record theft involving the exposure and theft of 829 million individual records.

"This is an alarming number of people's private records that have been stolen and are now in the hands of criminals. Millions of Americans have had their identities compromised which in turn has led to a major upturn in financial fraud felt in particular by banks and individuals," said today SmartMetric's President and CEO, Chaya Hendrick.

SmartMetric uses a person's fingerprint that is stored inside a card user's credit or debit card to provide 100% identity validation prior to the card being able to be used. Using the SmartMetric ultra miniature fingerprint scanner built inside the card, the card's EMV chip is activated following the card user simply passing their finger over the biometric sensor on the card.

The SmartMetric biometric payments card is the world's first credit/debit card that uses the SmartMetric miniature fingerprint scanner built inside the credit/debit card. A person's fingerprint is used to activate the card's EMV chip. The company uses the same banking industry EMV chip that is now being used around the world. There are more than 3.4 billion chip cards issued globally with an estimated additional 1 billion EMV cards added to this global figure from the United States, adoption of the EMV chip technology for its credit and debit cards.

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.

Embedded Video Available: https://youtu.be/zSX59uHoHq

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    SmartMetric, Inc.
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    info@smartmetric.com