BAY HARBOR, FL — (Marketwired) — 04/11/13 — SmartMetric, Inc. (OTCQB: SMME) – Speaking this morning, the President and CEO of SmartMetric, Inc., Ms. Chaya C. Hendrick said in a new report released today by *Global Industry Analysts, Inc. that the global market for fingerprint biometrics is to reach $US10 billion by 2018. SmartMetric being the world leader in miniaturized fingerprint biometrics stands to capitalize significantly on this very large and fast growing market.
With its research and development centered primarily in Israel, SmartMetric has a team of engineers and scientists that is spearheading SmartMetric-s advanced Biometric fingerprint technology. Adapting SmartMetric-s “smallest in the world” fingerprint scanner along with the company-s own “SmartMetric Fingerprint Matching Software” into discreet and miniature devices will give the company the opportunity to take a sizeable share of the multi-billion fingerprint biometrics market. Apart from access control which the cited report primarily bases its projections on, SmartMetric is poised to deliver its miniature, fingerprint biometrics technology to be used in the Banking sector Globally. This market, the President and CEO of SmartMetric Inc. Ms. Chaya Hendrick said today, will even be larger in dollar terms than the projected $US10 billion fingerprint biometrics used primarily for access control cited in the report. She went on to say that as the world continues to realize the vulnerability of passwords and pin numbers, businesses around the world are deploying biometrics as the logical secure alternative.
*Global Industry Analysts, Inc. is a reputed publisher of off-the-shelf market research. The company now publishes extensively upon more than 180 major industries. Recognized as one of the most consistently accurate forecasting companies in the world, Global Industry Analysts, Inc currently serves more than 8,500 companies from 36 countries worldwide. The company was founded in 1987, initially recognized globally as a research boutique specializing in the medical industry.
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
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.
Investor Relations:
Jens Dalsgaard
ConstellationAA.com
415.524.8500
SmartMetric, Inc.
Ms. Chaya C. Hendrick
President & CEO
786.269.2238
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