SOURCE: SmartMetric, Inc.

SmartMetric, Inc.

March 31, 2015 11:17 ET

SmartMetric Developing Revolutionary Biometric Card That Has a Chip and PIN Chip as Well as Display of CVV Number Activated by a Person's Fingerprint

NEW YORK, NY--(Marketwired - Mar 31, 2015) - SmartMetric, Inc. (OTCQB: SMME) -- SmartMetric, having developed a fingerprint-activated chip and PIN or what is called an EMV chip payments card, is now adding a CVV number that is displayed only after a successful biometric fingerprint match.

"This biometric-activated CVV display will be an invaluable tool in protecting the card from unauthorised use online," said SmartMetric's President & CEO, Chaya Hendrick.

"SmartMetric is about to commence mass production of its fingerprint-activated credit and debit cards for sales initially in Europe, Latin America and the United States. Having had the threat of a multi-million dollar judgement lifted from over our heads a week ago, we are now free to move forward with our manufacturing and sales," said the company President. SmartMetric won a multi-million dollar legal fee case brought against it in the Federal District Court last week.

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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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