SOURCE: SmartMetric, Inc.

SmartMetric, Inc.

October 30, 2015 13:34 ET

SmartMetric Turns the Plastic Credit Card Into a Powerful Smart Device, With In-Card Fingerprint Recognition, Powerful Cortex Processor, Gigabytes of Memory and a Rechargeable Battery

LAS VEGAS, NV--(Marketwired - October 30, 2015) - SmartMetric, Inc. (OTCQB: SMME) -- After spending 4 days at the Money 20/20 conference this week at the Sands Venetian conference center SmartMetric was able to present its "card as a smart device" to some of he worlds leading card issuing Banks.

While a lot of talk has been around the use of mobile phones as a payments platform one important thing being overlooked is that readers at point of sale are limited and non-existent for ATM's. Add to this usage disadvantage of not having the reading devices for mobile phones anywhere near the level needed for phones to become the dominant payments platform, the well founded fear consumer has in trusting their financial data being stored on what is predominantly a distrusted device, the mobile phone.

"SmartMetric's solution is to take the credit and debit card that has ubiquitous everywhere Point Of Sale readers along with ATM's as well as through familiarity higher trust than a mobile phone, and turn the card into a powerful smart device with embedded biometric security," said today SmartMetric's President & CEO, Chaya Hendrick.

The SmartMetric biometric card smart device has a fully functional biometric fingerprint reader along with a powerful cortex processor, power management system and a SmartMetric in-card rechargeable battery along with internal memory that can be as high as 128 Gigabytes.

SmartMetric has created a revolutionary and incredible new banking device that brings the added level of security to the world of EMV Chip cards using the SmartMetic in-card biometric fingerprint reader to validate the card user and following authentication activation of the cards EMV chip.

There are more than 3.4 billion chip cards issued globally with an estimated additional 1 billion EMV cards added to this global figure from the United States adoption of the EMV chip card technology.

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.

Embedded Video Available: https://www.youtube.com/watch?v=zSX59uHoHqU

Contact Information

  • CONTACT:

    Investor Relations
    Everest Corporate Advisors, Inc.
    702.334.7791
    415.250.0105

    SmartMetric, Inc.
    786.269.2238
    305.607.3910
    info@smartmetric.com