SmartMetric Files Further Patent Infringement Lawsuit Against Visa and MasterCard
September 06 2011 - 11:36AM
Marketwired
SmartMetric, Inc. (OTCBB: SMME) today announced that the Company
has filed a patent infringement lawsuit against smart card issuers
Visa and MasterCard in California Federal Court. SmartMetric filed
the lawsuit in defense of its U.S. Patent 6,792,464 ('464 Patent)
which provides patent protection concerning both 'contact' and
'contactless' smart card technology specifically when used to
automatically access a credit card company network via such contact
points as ATM machines or Point of Sale (POS) machines.
SmartMetric is seeking preliminary and permanent injunction
against both Visa and MasterCard to prohibit them from further
infringements along with a cash award for damages and a royalty
payment.
More information on the company's lawsuit against Visa and
MasterCard can be found on Form 8-K filed by the Company today with
the Securities and Exchange Commission. The filing can be found
http://www.sec.gov/Archives/edgar/data/1301991/000101376211002424/form8k.htm
About the SmartMetric:
The SmartMetric, Biometric Card Computer provides powerful
computing with large memory capacity in a revolutionary size that
has taken more than 10 years of research and development. Using the
latest in sub micro technology electronics, the company has
achieved a level of miniaturization that allows it to release a
solution of portable computing power that combined with
SmartMetric's biometric fingerprint in-card scanning technology, is
so revolutionary it will change the way business is done and
information is handled across a broad range of industries. For
further information please go to the company website:
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.
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Investor Contact: Constellation Asset Advisors, Inc.
+1 (415) 524-8500 Company Contact: President &
CEO C. Hendrick SmartMetric, Inc. Tel:
786.623.5779 (local USA call) Email Contact
www.smartmetric.com
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