SmartMetric Patent Infringement Lawsuit Against Visa & MasterCard Is About "EMV" Smart Cards
30 4월 2013 - 11:14PM
Marketwired
SmartMetric, Inc. (OTCQB: SMME) -- The President and CEO of
SmartMetric, Inc., Ms. Chaya Hendrick, said this morning,
SmartMetric's Patent infringement litigation against Visa and
MasterCard is based on its issued "464" patent that covers data
cards.
The Patent in question covers the use of data cards (smart
cards) that are inserted into a reader that subsequently causes a
connection to one of a multiple of networks. It has been wrongly
thought that the Patent is only restricted to SmartMetric's
biometric activated smart cards. This is not the case, Ms. Chaya
Hendrick said today. The Patent in question is much broader and is
not restricted to only Biometric Cards. It covers any kind of smart
card including the banking industry's EMV Card used around the
World that is in effect a "smart card."
SmartMetric has already had two markmen hearings in which the
term data card has been clearly defined to cover "smart cards"
therefore the question of whether the company's issued Patent
covers banking "smart cards" is a settled point at law.
Ms. Chaya Hendrick said the company, SmartMetric, is looking
forward to concluding its pre-trial processes by August of this
year with the trial by Jury set for September 9th, 2013. She said
the company is in the process of deposing executives from Visa and
MasterCard. Discovery has been completed and the matter is moving
forward as scheduled by the Court.
For further information on SmartMetric and its technology please
go to its website, www.smartmetric.com
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 Office: 786.294.6000 Direct:
305.607.3910 ceo@smartmetric.com
SmartMetric (PK) (USOTC:SMME)
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