SmartMetric SmartCard Poised to Totally Eliminate Identity Theft
04 11월 2009 - 2:48AM
Marketwired
SmartMetric, Inc. (OTCBB: SMME) is pleased to announce today a
shareholder and investor update.
Company President Colin Hendrick stated, "We are extremely
pleased to report that SmartMetric has completed a series of
breakthrough technology updates on its technology patented
SmartCard. We believe that we now offer a total solution to
entirely eliminate identity theft. We are now ready to begin
commercial production and global marketing of our blockbuster
SmartCard. We believe that the company's potential for growth is
staggering given it is the only company to produce a self-powered
standalone fingerprint scanner embedded inside a SmartCard thereby
making the SmartMetric SmartCard the most advanced and secure card
offered anywhere in the world.
"We are currently negotiating a final location and details of
our mass assembly plant. Simultaneously, the company will shortly
be announcing its first alliances with national and international
banks and financial institutions. We are actively negotiating
agreements for our biometric activated SmartCard in various Global
markets globally targeting Banking, Consumer Online Transactions
and the Secure Access Control markets."
Mr. Hendricks continued, "We believe we are poised to
revolutionize the multibillion smart card market. With the number
of SmartCards in use globally and the ever growing demand for
greater security, incorporating the fingerprint card activation
into a SmartCard puts the SmartMetric SmartCard ahead of all other
security card system offerings globally."
According to a recent market research report by RNCOS*
(SmartCard Market Forecast to 2012), the global shipment of smart
cards surpassed an estimated 5 Billion units in 2008 and this
figure is projected to surge at CAGR (Compound Annual Growth Rate)
of nearly 11% through 2012, according to "SmartCard Market Forecast
to 2012." The report also states, "The increasing use of the
internet for making online payment transactions is also fueling
growth in the global smart card industry as this technology enables
consumers to make secure and reliable transactions. Use of
contactless smart cards in this regard has gained remarkable
consideration and is forecasted to grow at CAGR of more than 30%
through 2012."
*RNCOS E-Services Pvt. Ltd, India. is a Market Research &
Information Analysis company.
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.
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Investor Contact: Redwood Consultants, LLC 415.884.0348
SmartMetric, Inc. Contact: Colin Hendrick President & CEO
305.607.3910
SmartMetric (PK) (USOTC:SMME)
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