SOURCE: SmartMetric, Inc.

SmartMetric, Inc.

January 15, 2016 11:13 ET

SmartMetric the Maker of the Biometric Safer Credit & Identity Cards Sees Huge Growth in Biometric Adoption Based on a New Report Showing the Existing $15 Billion Biometric Market Surging to $41.5 Billion in 2020

NEW YORK, NY--(Marketwired - January 15, 2016) - SmartMetric, Inc. (OTCQB: SMME) -- Massachusetts based market research firm has just released a report showing it expects sales of biometric technologies that can identify individuals based on various physical characteristics to surge from just under $15 billion, where it sat in 2015, to $41.5 billion in 2020.

The reports author has been reported to say "Due to improvements in dependability, accuracy, safety, and convenience, it is being adopted more readily by businesses and becoming part of our everyday lives. The increasing use for non-law enforcement purposes has recently provoked a shift of market attention to new business opportunities for identity management in government, civilian and commercial sectors."

Adoption of fingerprint biometrics has demonstrated the readiness and acceptance of biometrics as an added layer of security by consumers. This ready acceptance and adoption of fingerprint biometrics by consumers is plain evidence of both the desire of the public for better security and the willingness to adopt biometrics embedded into everyday devices said today SmartMetric's President & CEO, Chaya Hendrick.

SmartMetric has created a safer and better user validation and identification technology for payment and identity cards using a persons individual and unique biometrics to validate and identify the card user. The company has created a super miniature fully functional powerful fingerprint scanner that fits inside a payments card as well as identity and secure log on cards. Using an internal Cortex processor built in the card the SmartMetric biometric card scans, reads and matches a persons fingerprint in less than 0.25 seconds. The cards internal scanner is powered by a rechargeable battery developed by SmartMetric and also embedded inside the payments and identity card.

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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