NEW YORK, April 24, 2018 (GLOBE NEWSWIRE) -- SmartMetric, Inc. (OTCQB:SMME) –SmartMetric has created a super thin fully functional fingerprint scanner that fits inside a credit or debit card. The amazingly thin biometric scanning electronics developed by SmartMetric, allows the credit card or debit card to become an advanced electronic biometric protected device.
The company has spent over a decade to make its electronics thin enough to fit inside a standard credit/debit card. It is powered by an internal rechargeable battery that allows the card to do an instant, sub second biometric fingerprint scan prior to the card being inserted into an ATM or retail card reader.
“Having our card work in existing card readers was a critical criteria we set out to achieve in our product development and having achieved this objective we now find a tremendous amount of interest in our biometric thin card technology for many new card based security applications”, said today SmartMetric’s President and CEO, Chaya Hendrick
Replacing vulnerable and insecure PIN numbers and passwords with a card holders fingerprint biometrics is a game changer in the field of credit and debit card security. Like the biometric technology used in today‘s smartphones, the SmartMetric biometric card technology stores the card holders fingerprint inside the card. At no time does the persons fingerprint leave the card. This is obviously much more secure than a card system that sends a person’s fingerprint across a network for a comparison with a stored fingerprint on a central remote computer somewhere in the cloud.
SmartMetric, along with its distributors who are specialist experts in the credit card industry, are in product implementation discussions with major card issuing Banks in the United States, Latin America and Europe.
The company is also now moving forward with its security card product that uses the same super thin biometric electronics developed for credit and debit cards for use in cyber and access control cards. Also as thin as standard credit cards and also having multiple access and identity validation functions built into the single card.
The SmartMetric Biometric card is a powerful new technology in the multibillion dollar fight against ID theft and credit card fraud.
The company has recently appointed experienced credit card manufacturers in the United States and South America as product representatives who are using their years of providing credit card products to card issuing Banks in their respective countries.
The SmartMetric biometric credit card is being met with a very high level of enthusiasm as the banking industry is recognizing the benefits of having this advanced biometric in-the-card security technology for their customers.
SmartMetric is a United States company with its head office in Las Vegas, Nevada. It has a team of advanced engineers in Tel Aviv, Israel and has mass manufacturing capacity in various parts of the world. The company can now manufacture 1 million cards a month and has the capacity to increase this significantly based on product demand.
The SmartMetric biometric card is protected by five (5) recently “issued” patents. Additional patents are pending. SmartMetric is prepared and willing to defend its patents vigorously against all infringers.
To view a video of the SmartMetric card follow this link SmartMetric Biometric Card Video
To contact the representative for the SmartMetric biometric credit/security card within the USA please contact PROTEC Secure Card, Tracey Breckenridge at traceyb@protecsecurecard.com. To view their website, www.protecsecurecard.com
For more information concerning the new biometric secured credit and security card for South America please contact HOGIER GARTNER CIA S.A., Alvaro Gartner Valencia at alvaro.gartner@hogier.com. To view their website, www.hogier.com
Note: * http://losspreventionmedia.com/insider/retail-fraud/credit-card-fraud-news-2018-update/
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.
Contact Information
USA REPRESENTATIVE
Protec Secure Card, LLC
80 Corbett Way
Eatontown, NJ 07724, USA
+1-732-542-0700
Sales: Tracey Breckenridge
www.protecsecurecard.com
SOUTH AMERICA REPRESENTATIVE
HOGIER GARTNER & CIA. S.A.
Alvaro Gartner Valencia
Gerente Comercial & Financiero
Carrera 65, No. 80-16
Bogota D.C. 11121, Colombia
Tel: +57. (1) 4378484
alvaro.gartner@hogier.com
www.hogier.com
SmartMetric, Inc.
3960 Howard Hughes Parkway
Las Vegas, NV 89169
+1.702.990.3687
chaya@smartmetric.com
www.smartmetric.com