SOURCE: SmartMetric, Inc.

SmartMetric, Inc.

April 18, 2013 10:59 ET

SmartMetric vs Visa & MasterCard Patent Infringement Lawsuit

BAY HARBOR, FL--(Marketwired - Apr 18, 2013) - SmartMetric, Inc. (OTCQB: SMME) -- Speaking this morning, the President and CEO of SmartMetric, Inc., Ms. Chaya Hendrick said, SmartMetric wishes to inform shareholders and the general public that the Judge hearing SmartMetric's Patent Infringement lawsuit denied the motion put forward by the defendants to have SmartMetric's expert witness and his expert report excluded from the SmartMetric vs Visa and MasterCard trial.

Speaking today about the progress of the case being heard in the United States District Court, Central District of California, Western Division, Ms. Chaya Hendrick said the company is very pleased with the way the trial is progressing and welcomes its day in Court before the Judge and the 12 member Jury set for September 9th 2013. She further said that while SmartMetric is up against arguably the two single largest financial institutions in the world it is gratifying to see that Justice is truly blind and in our case is showing no fear or favor based on the disparity of size of the litigants. When it comes to standing before a Judge and Jury to argue the merits of its case it is clear that the Court system truly does afford inventors who present a case of infringement in order to protect their intellectual property rights, an avenue of protection from even market dominant giants, she said.

SmartMetric has presented the Defendants with its claim for damages and is in the process of hearing discovery against Visa and MasterCard. The amount of the damages being claimed by SmartMetric will be announced to shareholders and the general public upon presentation of same before the Court, Ms. Chaya Hendrick said.

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
    786.269.2238
    www.smartmetric.com