The SmartMetric Fingerprint Biometric Card Will Make Passwords a Thing of the Past

BAY HARBOR, FL--(Marketwire - October 30, 2008) - SmartMetric, Inc. (OTCBB: SMME) -- Imagine a card the size of a credit card that has a fully functional computer embedded inside, an inbuilt power management system powered by a miniature rechargeable battery, gigabytes of memory capacity, a computer processor that you would normally find on a desktop computer and state of the art advanced physical and software encryption technology that provides powerful protection against unauthorized access. Add to this little powerful device a sensor on its surface that scans in sub second speed your fingerprint as the method for unlocking the cards functions and you have the world's most advanced portable biometric identity protection and access control device ever created.

SmartMetric has doggedly pursued the creation of the only "in a card" fingerprint scanner that can be used for Government and Business as a dual purpose employee identity card that can also be used to open doors, identify the user at a security checkpoint and log on securely to the corporate network.

The SmartMetric Card, being the size of a standard credit card, stands to revolutionize the Bank and Credit Card industry, making the need for passwords or signatures a thing of the past. The card owner's fingerprint becomes the password that is used to turn on the card before it can make a transaction. The company believes that the card, when used for online purchasing using a simple USB adapter, can save Banks and Consumers hundreds of millions of dollars in card fraud, not to mention the added protection it gives against identity theft.

Advanced software to provide simple and easy to use functions has had to be specially developed for this remarkable "in a card" computer and biometric fingerprint scanner. The company has completed its first release of application software that will allow the card to be used in the Government, Corporate and Banking markets.

For more information concerning this press release please contact the company President & CEO. Mr. Colin Hendrick, Office: 786.623.5690 -- Direct: 305.607.3910 -- ceo@smartmetric.com

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: Mr. Colin Hendrick President & CEO Office: 786.623.5690 Direct: 305.607.3910