SOURCE: SmartMetric, Inc.

March 16, 2007 09:30 ET

SmartMetric Overcomes Technological Hurdles to Encase Successfully a Biometric Fingerprint Scanner Inside a Credit Card, a Technological Breakthrough, Says the Company

SURFSIDE, FL -- (MARKET WIRE) -- March 16, 2007 -- SmartMetric, Inc. (PINKSHEETS: SMME) -- The Company has released its new website. SmartMetric is now moving from Research & Development stage to product release and has updated its public web site to reflect the company's new focus on sales and marketing.

It has been a long and very demanding process to bring the product to the point of mass production, said the company President & CEO Mr. Colin Hendrick at the SmartMetric R&D facility in Surfside, FL today. Having created what the company believes is a world first technology has been fraught with major technological hurdles that we are glad to report have been overcome. Having micro components (150 active and passive) mounted on a circuit board as thin as a piece of paper has made the company create many new technological innovations. Using state-of-the-art and innovative silicon mounting processes has enabled us to successfully meet these component assembly challenges.

One of the final hurdles we had to overcome was encasing the micro circuitry in credit card plastic. No standard card manufacturing process existed that would allow for plastic encasing without damaging the internal electronics. The company had to do substantial innovation and develop a new card production process to encase the electronics inside a credit card sized card.

In the coming weeks SmartMetric will be announcing to the market specific details of its new SmartMetric line of in-card biometric products and the many applications for these new world first fingerprint scanning cards.

Certain of the above statements contained in this media 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. Reference is made to SmartMetric's filings under the Securities Exchange Act for factors that could cause actual results to differ materially. SmartMetric undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. 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. Readers are cautioned not to place undue reliance on these forward-looking statements.

Contact Information

  • For more information concerning this media release please contact:
    Mr. Colin Hendrick
    President & CEO
    Tel. 786.623.5690
    Direct: 917.587.5856
    Email Contact
    www.smartmetric.com