SOURCE: SmartMetric, Inc.

SmartMetric, Inc.

August 20, 2015 11:03 ET

SmartMetric Progressing With Bringing Large Scale Production Facility Online in Asia for Its Biometric Card With an Initial Production Capacity of 250,000 Biometric Cards per Week

NEW YORK, NY--(Marketwired - August 20, 2015) - SmartMetric, Inc. (OTCQB: SMME) SmartMetric is continuing expanding its manufacturing capacity with a major Asian manufacturing plant coming gearing up for production of the SmartMetric biometric card.

The new contract manufacturing facility in Asia will give us the capacity to produce 250,000 cards a week with the capability of up-scaling this capacity relatively quickly to two or even four times this capacity. This capacity will give us the ability to meet anticipated initial global demand for our biometric activated payments and identity cards said today SmartMetric's President & CEO, Chaya Hendrick.

It is expected the transfer of manufacturing capacity to the Asian manufacturing facility to be completed within the next three weeks. Because the company is focused on bringing this new facility online it is scheduling it's official product launch to follow the Asian facility commencement.

SmartMetric is the developer of fingerprint authenticated and activated payments cards for use by credit and debit card issuers globally as well as biometric access control cards.

To view a video of the SmartMetric biometric chip card follow this link:

SmartMetric Biometric Payments Card

To view the company website:

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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    SmartMetric, Inc.
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