SOURCE: SmartMetric, Inc.

SmartMetric, Inc.

December 14, 2015 09:09 ET

SmartMetric the Creator of the Biometric User Validated Credit and Debit Card With an In-the-Card Fingerprint Reader Is in Talks With Card Issuing Banks Around the World

NEW YORK, NY--(Marketwired - December 14, 2015) - SmartMetric, Inc. (OTCQB: SMME) -- After more than a decade of research and development SmartMetic is now in talks with card issuing bans from around the world concerning the issuance of its advanced biometric fingerprint activated credit and debit cards.

SmartMetric said it is excited about the level of interest shown and are looking forward to adoption of our biometric secured payments card that provides enhanced protection for both the consumer and the card issuing bank. Along with its standard in-the-card fingerprint reader credit and debit cards the company is now close to releasing a card that has both biometrics activation along with the added feature of a CVV number that is displayed on a thin film screen on the card after a fingerprint match by the card user. This will be provide added security for the important code that is used for online and phone transactions referred in the industry as Card Not Present (CNP) transactions.

We are also in discussions with certain large affinity groups that could see co-operative marketing programs enabling us to more rapidly introduce our product to the mass consumer market said today SmartMetric's President and CEO, Chaya Hendrick.

SmartMetric is the creator of the biometric fingerprint activated credit and debit card. The SmartMetric biometric payments card solution works with existing chip card readers in retail stores and ATMs without the need for additional hardware or systems at the bank. According to EMVco there are 3.4 billion EMV chip cards now issued around the world. The United States is now changing over in excess of 1 billion credit and debit cards to EMV chip cards throughout the country.

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.

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