BAY HARBOR, FL -- (Marketwire) -- 08/04/10 -- SmartMetric, Inc. (OTCBB: SMME) announces today that it has completed the research and development and successfully tested its latest prototype biometric card. The newest biometric card contains the feature of dual band radio transmission that enables both short and long range use which is activated only via the owner's fingerprint.
Colin Hendrick, President and CEO, stated, "Our latest biometric card utilizes the most state-of-the-art identity technology ever developed for this application. To commercialize this technology, we expect to announce shortly the establishment of an in house manufacturing facility where we will be capable of producing over a million biometric cards per month. Once operational, we will be targeting the traditional credit card markets serviced by banks worldwide as well as applications such as speed pass bio identity for approaching military bases, hospitals, work places, parking garages and office doors. All of these applications using our biometric fingerprint activated biometric cards that are in the size of a standard credit card. Furthermore, our biometric card will work with existing electronic security locks and readers so organizations will not have to retrofit existing doors and lock hardware. Given its size, robust features and superior identity protection, we believe our biometric card is the ID card of the future."
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.
Redwood Consultants, LLC