SOURCE: SmartMetric, Inc.

SmartMetric, Inc.

April 04, 2014 12:57 ET

SmartMetric Files Its Closing Brief in Its Ongoing Patent Infringment Lawsuit Against Defendants Visa Inc. and MasterCard International

SmartMetric Is Seeking $13.4 Billion in Damages and Pre-Paid Royalties for Infringement of Its United States Issued Patent

NEW YORK, NY--(Marketwired - Apr 4, 2014) - SmartMetric, Inc. (OTCQB: SMME), the developer of fingerprint activated biometric cards, says that in SmartMetric's ongoing patent infringement case brought by SmartMetric against both Visa Inc. and MasterCard International the company has filed its closing brief in the case and that it is now before the United States Federal Circuit Court. 

The company is awaiting word from the Court on scheduling of a hearing of this matter that is now expected to take place around the first week of June 2014. 

SmartMetric is eagerly awaiting the hearing of this case before the United States Federal Circuit Court and is highly confident of a successful outcome for the company based on the strength of its arguments presented to the Court. The company has faith in the legal system in protecting the rights of the inventor and believes that the Court will find in its favor. "Battling two giant companies has not been an easy task but that is why we have patent laws in order to protect the small inventor against the market dominance of those who would otherwise dismiss any rightful claim of inventors," said SmartMetric's President & CEO, Chaya Hendrick.

To view the 8K filing of the SmartMetric closing brief please follow this link:
http://www.sec.gov/Archives/edgar/data/1301991/000114420414020477/v373822_8k.htm

About SmartMetric: SmartMetric, Inc. (OTCQB: SMME) is the owner of a United States Patent & Trademark Office issued patent covering the use of smartcards (EMV cards are smart cards) that connect to networks. The company develops biometric smart cards including EMV and access control cards used for payments, security and identification. 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.

Contact Information

  • CONTACT INFORMATION

    Investor Relations:
    Jens Dalsgard
    ConstellationAA.com
    Tel: 775.771.5808

    SmartMetric, Inc.
    Chaya C. Hendrick
    President & CEO
    Tel: 305.503.8157
    Direct: 786.269.2238
    Email: ceo@smartmetric.com