SOURCE: SmartMetric, Inc.

SmartMetric, Inc.

April 30, 2013 10:14 ET

SmartMetric Patent Infringement Lawsuit Against Visa & MasterCard Is About "EMV" Smart Cards

BAY HARBOR, FL--(Marketwired - Apr 30, 2013) - SmartMetric, Inc. (OTCQB: SMME) -- The President and CEO of SmartMetric, Inc., Ms. Chaya Hendrick, said this morning, SmartMetric's Patent infringement litigation against Visa and MasterCard is based on its issued "464" patent that covers data cards.

The Patent in question covers the use of data cards (smart cards) that are inserted into a reader that subsequently causes a connection to one of a multiple of networks. It has been wrongly thought that the Patent is only restricted to SmartMetric's biometric activated smart cards. This is not the case, Ms. Chaya Hendrick said today. The Patent in question is much broader and is not restricted to only Biometric Cards. It covers any kind of smart card including the banking industry's EMV Card used around the World that is in effect a "smart card."

SmartMetric has already had two markmen hearings in which the term data card has been clearly defined to cover "smart cards" therefore the question of whether the company's issued Patent covers banking "smart cards" is a settled point at law.

Ms. Chaya Hendrick said the company, SmartMetric, is looking forward to concluding its pre-trial processes by August of this year with the trial by Jury set for September 9th, 2013. She said the company is in the process of deposing executives from Visa and MasterCard. Discovery has been completed and the matter is moving forward as scheduled by the Court.

For further information on SmartMetric and its technology please go to its website, www.smartmetric.com

About SmartMetric, Inc.
SmartMetric, Inc. has developed a portable biometric identity and transaction card capable of storing a wide variety of personal information while protecting you against identity theft and fraud. It is one of the most advanced portable identity authentication solutions in the world today. The card contains a biometric fingerprint scanner and reader which only you can unlock and is smaller and thinner than a credit card. The SmartMetric card is ideal for a wide range of consumers, including Personal, Government and Corporate. For more information please visit us at 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:
    Investor Relations:
    Jens Dalsgaard
    ConstellationAA.com
    415.524.8500


    SmartMetric, Inc.
    Ms. Chaya C. Hendrick
    President & CEO
    Office: 786.294.6000
    Direct: 305.607.3910
    ceo@smartmetric.com