SOURCE: SmartMetric, Inc.

SmartMetric, Inc.

November 02, 2015 10:42 ET

SmartMetric Creator of the In-Card Fingerprint Reader Used to Validate the Card User and Activate the Card Is Now in Talks With Banks in Europe and North America Regarding Adoption of IT Technology for Use in Credit and Debit Cards

NEW YORK, NY--(Marketwired - November 02, 2015) - SmartMetric, Inc. (OTCQB: SMME) -- Following the presentation of its biometric credit and debit card solution to major credit card issuers from around the world at last weeks Money 20/20 conference in Las Vegas, SmartMetic is now in talks with major card issuing Banks from Europe and the United States regarding adoption of its biometric card technology.

We have been extremely pleased with the reception we have received from some of the leading financial institutions in the credit card issuing world and are now involved in in-depth discussions concerning card issuers use and adoption of our advanced biometric in-card technology, said today SmartMetric's President & CEO Chaya Hendrick.

The SmartMetric biometric payments card uses a miniature fingerprint scanner built inside the card to scan a persons fingerprint and to then, following a fingerprint match to activate the cards EMV chip. "We layer biometrics security on top of the existing EMV chip card technology making our card fully adaptive to the existing payments card reader and transaction infrastructure", said Chaya Hendrick.

There are more than 3.4 billion EMV 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 card technology.

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

SmartMetric Biometric Payments Card --

To view the company website:

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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