SOURCE: SmartMetric, Inc.

SmartMetric, Inc.

July 20, 2016 10:46 ET

SmartMetric Develops World's First Multi-Function Biometric Security Card For Both Logical and Physical Access as Well as a Biometric Verified Identification

NEW YORK, NY--(Marketwired - July 20, 2016) - SmartMetric, Inc. (OTCQB: SMME) -- SmartMetric, the creator of the in-the-card fingerprint scanner for credit cards, has now developed a world first in the security and access control industry. A credit card sized card that has an inbuilt fingerprint reader used to identify the card user and in turn activate the card's smart card chip for computer network. While also at the same time the card has an inbuilt RFID that is used for door opening and physical building access. Like the computer log on smart card feature the radio frequency for building access is only triggered following an on card fingerprint scan and match.

In addition to the card's combined physical and logical access capabilities it also has indicator lights that are used to provide a visual indication following a fingerprint match. This completes the multi-functionality of the card giving it the capability of not only a superior biometric based computer log on credential, as well as a biometric card for physical building access but as well a biometric identity card that can be used at not only an entry security desk but in fact anywhere throughout a company or government building and campus.

The card has an inbuilt rechargeable battery so that it functions without being connected to a reader for in-building and in-field on the spot identity verification. With a fully functional powered biometric reader inside the card the card itself is the size and thickness of a credit card making it easy for people to carry in their purses or wallets. The use of the SmartMetric super thin electronics has allowed the company to create a card that is user friendly that overcomes the oversized thick single purpose cards used today in the physical access world.

"We are very pleased that we have been able to use the years of research and development we have undertaken to create the world's first biometric fingerprint activated use anywhere credit card to now take this technology to provide enhanced biometric security. Our multi-function biometric security card is a giant leap forward in the security industry providing hardened security in a day and time when security is formats in the minds of Companies and Government alike," said today SmartMetric's President & CEO, Chaya Hendrick.

The company, SmartMetric, is now in talks with major international companies in the security card business. SmartMetric intends to market and distribute its multi-function biometric security card through major industry global distributors.

SmartMetric is continuing its marketing efforts of its biometric fingerprint activated credit card that stands to revolutionize the credit card industry in its ongoing battle against credit card fraud. While the company cannot at this point release the names of the companies it is in deployment talks with, SmartMetric is very excited about its sales and marketing prospects in the near term.

SmartMetric officially launched its groundbreaking biometric payments card this April at the Smart Card Alliance Payments Forum in Orlando, Florida. Since then the company has been working with Banks around the world who have shown strong interest in issuing this card as new card product for their own credit card fraud defenses as well as protecting the security of their customers.

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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