NEW YORK, March 23, 2018 (GLOBE NEWSWIRE) -- SmartMetric, Inc. (OTCQB:SMME) – SmartMetric has turned the credit card into a new electronic device using state of the art electronic engineering developed by its engineers in Tel Aviv, Israel. Inside the new electronic credit card is a fully functional fingerprint scanner. Stored in the memory inside the card is the card holder's fingerprint which is used to identify the legitimate card holder. By simply touching the card's surface, a fingerprint scan is done within less than a quarter of a second, matching the cardholder's fingerprint with the fingerprint that is permanently stored inside the card and if the person trying to use the card is the legitimate card holder, the card will then work in retail card readers and ATM ’s.
“In developing the system architecture for our card we have been particular to ensure the privacy of each card holder's fingerprint. At no time does the cardholder's fingerprint leave their card. Their fingerprint is not sent across a network ensuring a high level of security of each person's biometric data," said today Chaya Hendrick, President & CEO of SmartMetric.
SmartMetric is a United States company with its head office in Las Vegas, Nevada. It has a team of advanced engineers in Tel Aviv, Israel and has mass manufacturing capacity in various parts of the world. The company can now manufacture 1 million cards a month and has the capacity to increase this capacity significantly based on product demand.
Over a decade of research and development has gone into the development of the advanced SmartMetric biometric card. Many advances in the field of electronics has been achieved in order to create a miniature fully functional biometric fingerprint scanner that sits inside a standard chip card credit card.
For more information concerning the new biometric secured credit and security card from PSC please contact Tracey Breckenridge from Protec Secure Card at firstname.lastname@example.org
To view a video of the SmartMetric card follow this link SmartMetric Biometric Card Video
Safe Harbor Statement: Forward-Looking Statements in this press release, which are not historical facts, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Also 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. Our actual results, performance or achievements may differ materially from those expressed or implied by these forward-looking statements. In some cases, you can identify forward-looking statements by the use of words such as "may," "could," "expect," "intend," "plan," "seek," "anticipate," "believe," "estimate," "predict," "potential," "continue," "likely," "will," "would" and variations of these terms and similar expressions, or the negative of these terms or similar expressions. Such forward-looking statements are necessarily based upon estimates and assumptions that, while considered reasonable by us and our management, are inherently uncertain. Factors that may cause actual results to differ materially from current expectations include, among others, if we are unable to access the capital necessary to fund current operations or implement our plans for growth; changes in the competitive environment in our industry and the markets where we operate; our ability to access the capital markets; and other risks discussed in the Company's filings with the U.S. Securities and Exchange Commission, including our Annual Report on Form 10-K, which filings are available from the SEC. We caution you not to place undue reliance on any forward-looking statements, which are made as of the date of this press release. We undertake no obligation to update publicly any of these forward-looking statements to reflect actual results, new information or future events, changes in assumptions or changes in other factors affecting forward-looking statements, except to the extent required by applicable laws. If we update one or more forward-looking statements, no inference should be drawn that we will make additional updates with respect to those or other forward-looking statements.
Protec Secure Card, LLC
80 Corbett Way
Eatontown, NJ 07724
A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/853e165a-3494-4881-aeca-af8ef5abfc0f