SmartMetric Claims $13.4 Billion in Patent Infringement Lawsuit Brought Against Visa and MasterCard
May 07 2013 - 10:39AM
Marketwired
SmartMetric, Inc. (OTCQB: SMME) -- The President and CEO of
SmartMetric, Inc., Ms. Chaya Hendrick said this morning,
SmartMetric's Patent infringement litigation against Visa and
MasterCard based on its issued "464" patent that covers data cards
(smart cards) is claiming $13.4 Billion collectively from Visa and
MasterCard in damages and paid up royalties.
After a number of years before the court, two Markmen hearings
and a successful appeal to the United States Federal Appeals Court
in Washington DC, Ms. Chaya Hendrick said today that the company is
looking forward to having its case heard before a trial by jury on
September 9th, 2013.
For further information on SmartMetric and its technology please
go to its website, www.smartmetric.com.
About SmartMetric, Inc. SmartMetric, Inc.
has developed a portable biometric identity and transaction card
capable of storing a wide variety of personal information while
protecting you against identity theft and fraud. It is one of the
most advanced portable identity authentication solutions in the
world today. The card contains a biometric fingerprint scanner and
reader which only you can unlock and is smaller and thinner than a
credit card. The SmartMetric card is ideal for a wide range of
consumers, including Personal, Government and Corporate. For more
information please visit us at 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.
Add to Digg Bookmark with del.icio.us Add to Newsvine
Contact: Investor Relations: Jens Dalsgard
ConstellationAA.com 415.524.8500 SmartMetric, Inc. Ms. Chaya C.
Hendrick President & CEO Office: 786.294.6000 Direct:
305.607.3910 ceo@smartmetric.com
SmartMetric (PK) (USOTC:SMME)
Historical Stock Chart
From Sep 2024 to Oct 2024
SmartMetric (PK) (USOTC:SMME)
Historical Stock Chart
From Oct 2023 to Oct 2024