NEW YORK, Jan. 16, 2018 (GLOBE NEWSWIRE) --
SmartMetric, Inc. (OTCQB:SMME) – SmartMetric the pioneer developer and inventor of the biometric fingerprint activated credit card is experiencing a high level of enthusiasm for its biometric in-card security solution from card issuing institutions around the World.
SmartMetric is the pioneer of in-card biometrics having spent over a decade in developing an extremely miniature fully functional fingerprint scanner that is less than a 1/3 the thickness of a standard credit card.
“A recent press announcement about a French based card manufacturing company releasing a biometric card in a very small country in Europe has validated the use of biometric credit cards. The enthusiasm for our technology being shown by Banks both in the United States and around the World has convinced us that 2018 is going to be the year of adoption of biometric credit card technology on global scale, said today the President and CEO of SmartMetric, Chaya Hendrick.”
"Chaya Hendrick added, unlike the credit card announced the other day, our card has a built in rechargeable battery that allows the card to scan and match the card holders fingerprint instantly “prior” the cards insertion into a card reader. We decided a long time ago that the card had to operate prior to insertion into a reader so as to work with not only all Point Of Sale retail card readers but importantly, ATM’s as well. A card without a stand alone power source that operates before the card is inserted into a reader will of course not work in ATM’s since the vast majority of ATM’s swallow cards inside the machine and thereby does not allow the card to draw power from the machine to perform a fingerprint scan. From our dealings with Banks around the World we know of no serious large card issuer that is willing to issue a card that does not work in all card readers including ATM’s.”
SmartMetric holds issued patents and has others pending that cover its advanced biometric card technology. “We expect copy cats to jump on the band wagon of the technology we have pioneered and we are well prepared to protect our inventions," said Chaya Hendrick. "However we are not only relying on enforcing our patents but are releasing what we believe are the best suite of biometric card products in the market place for major card issuing Banks," said SmartMetric’s President.
SmartMetric biometric cards are available to Banks in the United States through SmartMetric’s industry distributor, PROTEC. PROTEC Secure Card (PSC) based in New Jersey, have years of experience in the Credit Card industry both in the USA and Latin America. PSC is an established Visa, MasterCard and Discover certified credit card manufacturer that specializes in advanced high-quality credit card production for card issuing Banks in the United States along with Central and Latin America. The company is a leader using the most updated equipment and technologies in their secure production facility.
For more information concerning the new biometric secured credit and security card from PSC please contact Tracey Breckenridge at traceyb@protecsecurecard.com
To find out more about the SmartMetric biometric card solution please visit the company site at www.smartmetric.com
To view the SmartMetric Biometric Card please follow this link - Video of the SmartMetric Biometric Card
Safe Harbor Statement: Forward-Looking Statements in this press release, which are not historical facts, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Also 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. Our actual results, performance or achievements may differ materially from those expressed or implied by these forward-looking statements. In some cases, you can identify forward-looking statements by the use of words such as "may," "could," "expect," "intend," "plan," "seek," "anticipate," "believe," "estimate," "predict," "potential," "continue," "likely," "will," "would" and variations of these terms and similar expressions, or the negative of these terms or similar expressions. Such forward-looking statements are necessarily based upon estimates and assumptions that, while considered reasonable by us and our management, are inherently uncertain. Factors that may cause actual results to differ materially from current expectations include, among others, if we are unable to access the capital necessary to fund current operations or implement our plans for growth; changes in the competitive environment in our industry and the markets where we operate; our ability to access the capital markets; and other risks discussed in the Company's filings with the U.S. Securities and Exchange Commission, including our Annual Report on Form 10-K, which filings are available from the SEC. We caution you not to place undue reliance on any forward-looking statements, which are made as of the date of this press release. We undertake no obligation to update publicly any of these forward-looking statements to reflect actual results, new information or future events, changes in assumptions or changes in other factors affecting forward-looking statements, except to the extent required by applicable laws. If we update one or more forward-looking statements, no inference should be drawn that we will make additional updates with respect to those or other forward-looking statements.
Important Additional Information
Investors and security holders are urged to carefully review and consider each of SmartMetric Inc. public filings with the SEC, including but not limited to, if applicable, Annual Reports on Form 10-K, proxy statements, Current Reports on Form 8-K and Quarterly Reports on Form 10-Q.
Contact Information
SmartMetric, Inc.
3960 Howard Hughes Parkway
Las Vegas, NV 89169
+1.702.990.3687
+1.702.727.8811
info@smartmetric.com
www.smartmetric.com
For USA Sales Please Contact:
USA Distributor:
Protec Secure Card
80 CorbettWay
Eatontown, NJ 07724
Tracey Breckenridge
Tel. +1-732-542-0700 x 223 / 221/ 206/ 207 (English)
+1-732-542-0700 x 241 (Spanish)
traceyb@protecsecurecard.com
A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/da727c79-3b46-4da8-8846-03860c8f6767