SmartMetric to Proceed With Mass Production of Fingerprint Activated Biometric Credit and ATM Card Early 2014
December 02 2013 - 11:16AM
Marketwired
SmartMetric to Proceed With Mass Production of Fingerprint
Activated Biometric Credit and ATM Card Early 2014
NEW YORK, NY--(Marketwired - Dec 2, 2013) - SmartMetric, Inc.
(OTCQB: SMME) -- Speaking today from New York, SmartMetric™ Inc.
President & CEO Chaya Hendrick said the SmartMetric biometric
fingerprint activated payments card will be available for quantity
sales in the first quarter of 2014. She said the company has
had to overcome a number of production issues in order produce the
card in high volumes. And high volume production is absolutely
necessary in order for a financial institution to proceed with the
SmartMetric Biometric Card deployment.
The SmartMetric biometric card is designed to work with EMV
chips and uses a match of a person's fingerprint that is stored
inside the memory of the card in order to activate the contact or
contactless EMV chip. EMV chip cards are used in the banking
industry around the World and are now being deployed by the card
companies in the United States. According to industry reports
there are more than 1.5 Billion EMV cards in use around the
World.
For information on SmartMetric and its technology please go to
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.
CONTACT INFORMATION SmartMetric, Inc. Chaya C. Hendrick
President & CEO Direct: 786.269.2238
SmartMetric (PK) (USOTC:SMME)
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