SmartMetric Inc. Opens Engineering Office in Tel Aviv, Israel
November 14 2011 - 9:25AM
Marketwired
SmartMetric, Inc. (OTCBB: SMME) - President
& CEO of SmartMetric, Inc., C. Hendrick, announced today that
the company recently opened offices in Tel Aviv, Israel for
Research and Development as part of expansion of its engineering.
Drawing on a team of software and electronics engineers in
Israel, the company is experiencing significant advances and
engineering results in its fingerprint credit card sized scanner to
be used as a portable medical health records card in the health
sector and a fingerprint activated banking and credit card in the
banking sector.
In order to reduce direct staffing costs, the company has
contracted its prime engineers rather than working as employees.
With its engineers now working directly for the company in Buenos
Aires, Argentina, Tel Aviv, Israel and Silicon Valley, California
the company is able to continue to make progress in its product
development while at the same time keep operating costs at a
minimum.
About 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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(415) 524-8500
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