SmartMetric Delivers New Bitcoin Development Platform for Nano-Computers

NEW YORK, NY--(Marketwired - Jan 24, 2014) - SmartMetric, Inc. (OTCQB: SMME), a developer of patented payment card technologies and in-card biometric products, announced today that the Company's SmartMetric Intelligent Card OS™ sub-micro operating system for nano-computers is a powerful new technology platform for Bitcoin developers and entrepreneurs. The newly released operating system opens a world of possibilities for the creation of new Bitcoin products, services and apps that can run a device the size of a payment card.

SmartMetric recently announced the completion and availability of the SmartMetric Intelligent Card OS™, an operating system that runs on nano-computers built into its patented SmartMetric Biometric Bitcoin Card™. The card is the first biometric, fingerprint protected Bitcoin payment card in the world.

"SmartMetric is at the intersection of where nano-computing hardware and its accompanying software intersect with digital and crypto-currencies. Bitcoin is the clear early leader in this new digital currency arena and we believe SmartMetric's payment card-based operating software is the first platform to enable exciting Bitcoin technologies that run on secure nano-computers," stated SmartMetric President and CEO Chaya Hendrick.

"The adoption of Bitcoin is driven by the number of new Bitcoin-based products and services that improve our current financial system. We believe that our patented SmartMetric Biometric Bitcoin Card and our SmartMetric Intelligent Card OS™ can accelerate Bitcoin on its path to becoming a broadly used global currency," Hendrick concluded.

Bitcoin product, service and app developers interested in creating new Bitcoin products for SmartMetric Intelligent Card OS may contact: chaya@smartmetric.com.

About SmartMetric Intelligent Card OS™

SmartMetric's operating system is designed to run on SmartMetric intelligent cards, which combine biometrics with patented nano-computing technology, the world's smallest fingerprint reader, an internal ARM 9 processor, processing power equal that of a PC, and up to 128 gigabytes of memory, matching the maximum memory capacity of current iPads.

About SmartMetric Biometric Bitcoin Card™

The SmartMetric Biometric Bitcoin Card is the world's first biometric, fingerprint secured, off-line storage platform for Bitcoins. The card offers the benefits of Bitcoin such as peer-to-peer transactions and card-to-card direct Bitcoin sending anywhere in the world, while enabling real-time, in-person standard payment transactions at merchants and compatibility with standard ATMs around the world. Advanced patented payments card technology combines with the world's first fingerprint technology to use the cardholder's unique biometrics to lock and unlock the SmartMetric Biometric Bitcoin Card, providing safety and discrete portability.

About SmartMetric

SmartMetric, Inc. (OTCQB: SMME) develops patented biometric technologies used for security and identification, including the world's smallest fingerprint reader. The Company's proprietary advanced miniature electronics technology uses sub-micro computers to create fingerprint and security applications that were not previously possible. The world's smallest fingerprint reader is designed to fit inside standard payments cards as well as ID cards. Because of the miniature size of the electronics it is ideal for use in a broad array of products requiring an enhanced identification system. SmartMetric's products include the SmartMetric Biometric Bitcoin Card™, the SmartMetric Intelligent Card OS™, and MedicalKeyring™ a medical emergency biometric card. For information on SmartMetric and its technology please go to 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.