SmartMetric Says According to a Report Issued Today That the Global Biometrics Market Is at $5.2 Billion in 2012 & Anticipate...
November 06 2013 - 10:54AM
Marketwired
SmartMetric Says According to a Report Issued Today That the Global
Biometrics Market Is at $5.2 Billion in 2012 and Anticipated to
Reach $16.7 Billion by 2019
NEW YORK, NY--(Marketwired - Nov 6, 2013) - SmartMetric, Inc.
(OTCQB: SMME) -- Speaking today, SmartMetric™ Inc. President &
CEO Chaya Hendrick said that the company's advanced "in-card"
biometric reader is poised to benefit from the staggering projected
growth of the biometrics market detailed in a new report by
ReportsnReports.com released today.
The report states that "the global biometrics market is at $5.2
billion in 2012 anticipated to reach $16.7 billion by 2019. Market
growth is a result of demand for protection of individual
information and for the needs of organizations to control access to
documents and to areas."
It also stated, "Worldwide markets are poised to achieve
significant growth. As people use electronics in their personal
life more, protection of individual information becomes a more
compelling problem. Biometrics devices protect individual
information. Biometric identity units provide security protection.
Units are comprised of integrated biometric capture devices.
Biometrics is used to identify anyone in an accurate, repeatable
manner. "
SmartMetric has developed a fingerprint reader that sits inside
a person's ATM/ Credit Card, ID or Access Control Card, Drivers
License etc. It is self powered allowing it to perform a
fingerprint match while a person is standing at a retail checkout,
on the street at an ATM, at a security desk or any other point
needing enhanced identity verification. A person simply swipes
their finger across the SmartMetric sensor on the surface of the
card and the card's internal computer processor performs a match
with the person's fingerprint that is pre-stored in the memory of
the card itself. For added security a person's fingerprint is
allways stored and encrypted inside the card and IS NOT stored on a
remote computer.
The Biometric activated card provides absolute user identity
verification and is a paradigm shift away from traditional,
outdated and ever increasingly vulnerable methods.
For further information on SmartMetric and its technology please
go to www.smartmetric.com. For information on the SmartMetric™
MedicalKeyring™ please go to www.medicalkeyring.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 Investor Relations: Jens Dalsgard Office:
775.771.5808 Company: SmartMetric, Inc. Chaya Hendrick Direct:
786.269.2238 ceo@smartmetric.com
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