NEW YORK, NY — (Marketwired) — 05/29/15 — SmartMetric, Inc. (OTCQB: SMME) — The SmartMetric, in-my-card-biometrics payment and identity card, is on track for mass production release by the end of July 2015. One of the critical components inside the card is its power management system along with its internal rechargeable battery.
“We have had to design a sophisticated and elegant super small power management system that controls the flow of power from the cards battery for key components such as the cards Cortex processor and fingerprint sensor. Also we have had to design a proprietary rechargeable battery that is small enough yet powerful enough to meet the cards fingerprint scanning power needs. Everything about our revolutionary product is the result of an incredible amount of electronic and materials innovation created by a wonderful team of SmartMetric engineers,” said SmartMetric–s President & CEO, Chaya Hendrick. “It is very exciting for us as a company to be going into mass production of our biometric card after what has been years of engineering research and development. Years that have seen us overcome one physical electronics hurdle after another to create this incredible revolutionary new product,” said today Chaya Hendrick.
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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