NEW YORK, NY — (Marketwired) — 05/27/15 — SmartMetric, Inc. (OTCQB: SMME) — The SmartMetric in-my-card-biometrics payment card stands to revolutionise the card payments industry. By incorporating mass storage with a powerful in-card Cortex processor, the humble credit/debit card has been turned into a powerful computing device.
“What we have created is an exciting new product that has uses and applications way beyond simple payment transactions. We have the processing and memory power to store programmes that could provide functions such as on-card expense tracking. This is just one of the many applications that can operate on our exciting new payments platform we have developed,” said SmartMetric–s President & CEO, Chaya Hendrick.
There are over 3.4 billion EMV credit and debit chip cards issued globally. The SmartMetric biometric card has been developed to work with the existing EMV chip and reader infrastructure such as point of sale machines and ATMs.
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.
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