|By Marketwired .||
|September 25, 2013 05:02 PM EDT||
NEW YORK, NY -- (Marketwired) -- 09/25/13 -- SmartMetric, Inc. (OTCQB: SMME) -- Speaking today from NEW YORK, SmartMetric Inc. President & CEO Chaya Hendrick said SmartMetric is awaiting the final ruling by the Judge hearing its patent infringement case that it has brought against both Visa and MasterCard in the United States Federal District Court in Los Angeles. U.S. District Judge Michael W. Fitzgerald provided a tentative ruling and gave opportunity for argument in response. The lawyer for SmartMetric Inc., Mr. Patrick Bright of Wagner, Anderson and Bright presented argument on legal facts. The company has no public comment to make in respect of the final decision and awaits the considered deliberation of Judge Michael W. Fitzgerald.
During the course of today's hearing Mr. Bright representing SmartMetric Inc. presented oral argument in response to a tentative court ruling presented to the Court by the Judge at the commencement of proceedings. The Company believes it is on solid legal ground in defending its Patent from infringement. The United States Patent and Trade Mark Office issued the Patent in question in 2004 after first being filed in 1999. The "464" Patent as it is referred to, is owned by SmartMetric Inc. SmartMetric Inc. is a card technology company with a fingerprint biometric activated card that uses a person's fingerprint to replace PIN numbers.
About SmartMetric, Inc. SmartMetric Inc. is a technology that designs, engineers its advanced products utilizing the company's expertise in miniaturizing electronics. The company has developed miniature fingerprint self powered fingerprint scanners and readers that are at the center of SmartMetric Inc.'s key ring and credit and identity card products. 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. SmartMetric and MedicalKeyring are trademarks of SmartMetric, Inc. (OTCQB: SMME)
Ms. Chaya C. Hendrick
President & CEO