SmartMetric To Release Its Latest Multi-Function Combined Biometric Cyber and Physical Security Card Using The SmartMetric In-The-Card Fingerprint Scanning

7. November 2017.
The SmartMetric Biometric All-In-One Biometric Cyber Security, Access Control and Identity Card Takes Security to the Next Level

NEW YORK, Nov. 03, 2017 (GLOBE NEWSWIRE) — SmartMetric, Inc. (OTCQB:SMME) – SmartMetric, the developer of the biometric fingerprint activated credit card, announces the company has successfully created an all-in-one security card that uses a person’s fingerprint biometrics for authentication and activation prior to the card being used to enter buildings, pass security check points and logging on to computer networks.

Cybersecurity and physical access security in a single biometric activated card the size and thickness of a credit card, brings convenience with superior security to the Government and Business workplace. “After more than a decade of Research and Development, we are very excited about the line of products we are now able to bring to market based on our ground breaking, in-the-card miniature fingerprint scanning technology,” said SmartMetric’s President and CEO, Chaya Hendrick today.

The company demonstrated its Biometric Card at the Money 20/20 Conference and Exhibition in Las Vegas last week. “We are extremely pleased with the level of interest and obvious excitement surrounding our biometric card products. Serious commercial adoption discussions are now taking place with Banks and security sales organizations throughout the world,” said Chaya Hendrick.

The SmartMetric biometric credit card conforms with ISO credit card standards with its EMV chip approved by one of the largest global payment networks. The biometric cyber and physical security card is FIPS-compliant, making it immediately adoptable by USA Government agencies such as the Department of Defense.

The SmartMetric Biometric Card is built around the EMV Chip Card. It uses a person’s fingerprint to activate the card in a secure on card scan and match.

Keeping your biometric identity safe is at the center of the design of the SmartMetric biometric card. At no time does a cardholder’s fingerprint leave the card. A person’s fingerprint is stored inside the card and matching of the person’s fingerprint is done on the card itself. This was a central design requirement of the SmartMetric biometric card solution that necessitated SmartMetric to create a self-powered, inside the card, fully functional fingerprint scanner. Also, so that the card could be used at ATM’s and POS (Point Of Sale) card readers, the SmartMetric development team created an on card miniature power management system that recharges the card as it is being used in card readers.

“Without a rechargeable battery and sophisticated intelligent power management system inside the card, a fingerprint biometric card would not last longer than a few months,” Chaya Hendrick said.

SmartMetric has a scalable manufacturing in place with current output of 1 million cards per month.

To view the SmartMetric Biometric Card, please follow this link – Video of the SmartMetric Biometric Card

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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.

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