SOURCE: SmartMetric, Inc.

SmartMetric, Inc.

August 12, 2014 12:12 ET

SmartMetric Fingerprint Activated EMV Chip Payment Card Designed to Protect Consumers Against Identity Theft and Banks and Merchants Against Payment Card Fraud

NEW YORK, NY--(Marketwired - Aug 12, 2014) - SmartMetric, Inc. (OTCQB: SMME). SmartMetric has designed an industry leading biometric activated payment card that is turned on using a card owner's fingerprint, using the credit cards and ATM cards that have chips commonly called EMV chips or chip and PIN cards that are now in use around the world. Industry figures show in excess of 1.65 billion chip cards have been issued globally. SmartMetric uses a sub-micro computer it has developed that sits inside the payment card and is used with a fingerprint sensor in order to turn on the card after a user has been biometrically validated.

The SmartMetric in-card computer and fingerprint sensor raises the bar on credit card security providing a giant leap in security for the public, banks and merchants alike. 

SmartMetric has developed the in-card biometric technology using its own team of electronic engineers along with its software engineers who have built the card's internal operating system.

SmartMetric is working with a significant contract credit card manufacturer in order to produce an initial target of 50 million cards over the coming 12 to 18 months.

About SmartMetric, Inc.
SmartMetric, Inc. is a technology company that designs and engineers its own advanced products utilizing the company's expertise in miniaturizing electronics. The company has developed a miniature fingerprint self powered fingerprint scanner and reader that fits inside credit and identity cards that are at the center of SmartMetric Inc.'s advanced biometric products. For more information please visit 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:
    SmartMetric, Inc.
    Chaya Hendrick
    Office: 702-990-3687
    Direct: 786.269.2238
    Email: ceo@smartmetric.com