SmartMetric, Inc. Predicted U.S. Banks Will Be Forced to Adopt Smart Cards
14 4월 2011 - 11:25PM
Marketwired
SmartMetric, Inc. (OTCBB: SMME) CEO & President C. Hendrick,
today welcomed the announcement by one of the largest banks in the
United States that it will be introducing chip based credit cards
to help its customers overcome growing problems in using non-chip
based credit cards in many developed countries, while travelling
overseas.
On Bloomberg.net yesterday, it was reported, "Wells Fargo & Co. (WFC), the U.S. bank with the most
branches, is testing microchip-embedded credit cards with frequent
travelers to address complaints of customers who have trouble using
their cards abroad."
The President and CEO of SmartMetric, Inc., C. Hendrick, further
said that the company last month predicted this move in a media
release dated March 14th 2011. Further, the SmartMetric company
President said today that other Banks in the United States will be
forced to adopt this technology and replace their out dated
not-so-secure Credit Cards.
SmartMetric, Inc. says that its fingerprint activated Chip Cards
provide the next Generation of security for credit card
transactions and the adoption of Chip Cards around the world by
Banks will facilitate the introduction and adoption of the
SmartMetric, Inc. advanced technology.
In a media release dated March 14th 2011, SmartMetric, Inc.'s
company President stated, "The European Payments
Council (EPC) recently announced it's considering a ban on magnetic
stripe cards within the next couple of years. This will force the
last remaining standout amongst large consumer markets, the United
States, to adopt Smart Cards and replace the insecure old
mag-stripe cards."
You Are the Key -- Using Biometrics, Only You Can Turn On Your
ATM/Credit Card; SmartMetric's Fingerprint Activated Smart Card
Provides an Unparalleled Level of Security -- the Credit or Bank
Card's Smart Chip Is Only Activated After a Consumer Touches the
Smart Fingerprint Sensor on the Surface of the Smart Card.
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 contact the company President:
ceo@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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Company Contact: President & CEO C. Hendrick
SmartMetric, Inc. +1 (305) 607-3910 Email Contact Investor
Contact: Constellation Asset Advisors, Inc. +1 (415)
524-8500
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