SmartMetric vs Visa & MasterCard Patent Infringement Lawsuit
18 4월 2013 - 11:59PM
Marketwired
SmartMetric, Inc. (OTCQB: SMME) -- Speaking this morning, the
President and CEO of SmartMetric, Inc., Ms. Chaya Hendrick said,
SmartMetric wishes to inform shareholders and the general public
that the Judge hearing SmartMetric's Patent Infringement lawsuit
denied the motion put forward by the defendants to have
SmartMetric's expert witness and his expert report excluded from
the SmartMetric vs Visa and MasterCard trial.
Speaking today about the progress of the case being heard in the
United States District Court, Central District of California,
Western Division, Ms. Chaya Hendrick said the company is very
pleased with the way the trial is progressing and welcomes its day
in Court before the Judge and the 12 member Jury set for September
9th 2013. She further said that while SmartMetric is up against
arguably the two single largest financial institutions in the world
it is gratifying to see that Justice is truly blind and in our case
is showing no fear or favor based on the disparity of size of the
litigants. When it comes to standing before a Judge and Jury to
argue the merits of its case it is clear that the Court system
truly does afford inventors who present a case of infringement in
order to protect their intellectual property rights, an avenue of
protection from even market dominant giants, she said.
SmartMetric has presented the Defendants with its claim for
damages and is in the process of hearing discovery against Visa and
MasterCard. The amount of the damages being claimed by SmartMetric
will be announced to shareholders and the general public upon
presentation of same before the Court, Ms. Chaya Hendrick said.
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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Contact: Investor Relations: Jens Dalsgaard
ConstellationAA.com 415.524.8500 SmartMetric, Inc. Ms. Chaya C.
Hendrick President & CEO 786.269.2238 www.smartmetric.com
SmartMetric (PK) (USOTC:SMME)
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