SOURCE: SmartMetric, Inc.

SmartMetric, Inc.

November 14, 2011 09:25 ET

SmartMetric Inc. Opens Engineering Office in Tel Aviv, Israel

BUENOS AIRES, ARGENTINA--(Marketwire - Nov 14, 2011) - SmartMetric, Inc. (OTCBB: SMME) - President & CEO of SmartMetric, Inc., C. Hendrick, announced today that the company recently opened offices in Tel Aviv, Israel for Research and Development as part of expansion of its engineering.

Drawing on a team of software and electronics engineers in Israel, the company is experiencing significant advances and engineering results in its fingerprint credit card sized scanner to be used as a portable medical health records card in the health sector and a fingerprint activated banking and credit card in the banking sector.

In order to reduce direct staffing costs, the company has contracted its prime engineers rather than working as employees. With its engineers now working directly for the company in Buenos Aires, Argentina, Tel Aviv, Israel and Silicon Valley, California the company is able to continue to make progress in its product development while at the same time keep operating costs at a minimum.

About SmartMetric:

The SmartMetric, Biometric Card Computer provides powerful computing with large memory capacity in a revolutionary size that has taken more than 10 years of research and development. Using the latest in sub micro technology electronics, the company has achieved a level of miniaturization that allows it to release a solution of portable computing power that combined with SmartMetric's biometric fingerprint in-card scanning technology, is so revolutionary it will change the way business is done and information is handled across a broad range of industries.

For further information please go to 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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