SmartMetric Alleges Patent Infringement Violation by Credit Card Companies
23 3월 2010 - 11:16PM
Marketwired
Speaking from the offices of SmartMetric, Inc. (OTCBB: SMME) the
company President & CEO, Mr. Colin Hendrick, said today that
the Federal Lawsuit filed on the 15th of March 2010 against both
MasterCard and Visa by SmartMetric alleges significant patent
infringement and the company will be pursuing damages and costs
against both Visa and MasterCard. An example of a new technology
that the company believes infringes its patent is spoken about in a
media release by MasterCard dated March 2009.
MasterCard as of the 4Q, 2008 had issued 50 million PayPass
cards or devices. In the patent infringement lawsuit filed by
SmartMetric, the company will be pursuing damages and relief from
both MasterCard and Visa.
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 Company
Contact: SmartMetric, Inc. Colin Hendrick 305.607.3910 Email
Contact
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