SmartMetric, Inc. Wins Appeal Before 3 Panel Judge in the Federal Appeal Court on March 5th Against Visa and MasterCard
April 19 2012 - 9:20AM
Marketwired
SmartMetric, Inc. (OTCBB: SMME) -- President & CEO of
SmartMetric, Inc., Ms. Chaya Hendrick, the developer of "secured by
Biometric's" Credit and Identity Cards, said today, in order to
ensure your USA issued Visa or MasterCard cards will work at all
ATM Machines and Point of Sale Retail Machines overseas, they will
need to be an EMV or Chip & Pin Card.
That is
Chip Visa or MasterCard Card if issued in the United States, are in
direct violation of the SmartMetric. Inc. Patent as ruled in the
recent Court hearing by the Federal Appeals Court in Washington
DC.
Without a chip on your card, you are at great risk of your Visa
or MasterCard not working when travelling overseas.
If you are travelling overseas the likelihood of your USA issued
Visa or MasterCard Credit or ATM Card not working in ATM Machines
or Retail Credit Card Machines is very high. In fact, Thomas Cook
have opened up booths at airports in the USA, selling pre-paid Chip
Cards to overseas travelers that allows these cards to work in
overseas ATM and point of sales retail machines so that travelers
will not be left stranded when needing money from an ATM machine or
wanting to make a purchase in a store.
EMV or Chip & Pin Credit and Debit Cards have become the
standard issued cards by Banks around the World. Many World
travelers are now finding that when they try to use their USA
issued credit or ATM Cards, they do not work in many of the UK or
European ATM of Retail Card Machines. This is why
Thomas Cook is selling Chip & Pin Cards at US Airports for
International travelers. Will your USA issued Visa or
MasterCard work overseas? Most likely not if it's not an EMV Chip
Card and if it is a USA issued Card then it is in violation of the
SmartMetric, Inc., issued Patent.
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's 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.
Image Available:
http://www2.marketwire.com/mw/frame_mw?attachid=1954515 Image
Available:
http://www2.marketwire.com/mw/frame_mw?attachid=1954519
Add to Digg Bookmark with del.icio.us Add to Newsvine
Contact: Investor Relations: Constellation Asset
Advisors, Inc. tel: +1 (415) 524-8500 Company SmartMetric,
Inc. tel: +1.786.269.2238 email: ceo@smartmetric.com
SmartMetric (PK) (USOTC:SMME)
Historical Stock Chart
From Jun 2024 to Jul 2024
SmartMetric (PK) (USOTC:SMME)
Historical Stock Chart
From Jul 2023 to Jul 2024