|By Marketwired .||
|December 19, 2013 10:02 AM EST|
NEW YORK, NY -- (Marketwired) -- 12/19/13 -- SmartMetric, Inc. (OTCQB: SMME) -- Speaking today from NEW YORK, SmartMetric Inc. President & CEO Chaya Hendrick said the SmartMetric biometric card with a self powered in card fingerprint reader is a technology solution using the power of biometrics to protect the public and merchant alike from credit card fraud. She said SmartMetric has been approached from financial institutions from around the world looking at a better solution to the vulnerable pin dependant cards. The gigantic criminal theft of over 40 million credit cards information over the past few days from just one retailer shows how vulnerable the existing card payment system is and the time has come for a better card solution. The biometric payment card from SmartMetric uses a person's fingerprint to activate the card and stores card information encrypted inside the card's internal electronics.
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.
Chaya C. Hendrick
President & CEO