SmartMetric -- Dispelling Misconceptions Regarding Biometrics - Seite 3

There are some technically misinformed people in the industry who lack even the basic knowledge of how biometrics work and how it can positively impact an organization such as a Bank. Being ignorant of the fundamentals of the technology itself and only repeating urban myths rather than knowledge based facts, said today SmartMetric's President & CEO, Chaya Hendrick.

Given the urban myths and lack of understanding of the new biometric based credit cards is something found only amongst low level industry persons. When we talk with senior security experts and Banks executives about our technology, the economics and the market research showing the obvious consumer demand for better security, we are seeing a ready acceptance and recognition by Banks of the game changing nature of our technology, said Chaya Hendrick.

SmartMetric is the creator of the in-the-card fingerprint scanner for chip credit cards. It uses a SmartMetric developed miniature and super thin fully functional fingerprint reader that sits inside the credit card. The biometric reader is used to turn on the card's surface chip following a fingerprint match and prior to being inserted into card readers or ATM's.

The SmartMetric solution overlays biometric protection on top of the new chip card technology now being issued across the United States. There are now more than 4.8 billion chip payments cards issued globally.

SmartMetric officially launched its groundbreaking biometric payments card this April at the Smart Card Alliance Payments Forum in Orlando, Florida. The company is now in talks with card issuing Banks around the world.

To view a video of the SmartMetric biometric chip card follow this link:

SmartMetric Biometric Payments Card -- https://youtu.be/zSX59uHoHqU

To view the company website: www.smartmetric.com

*research figures from ACI Worldwide research report as published by Business Intelligence, July 2016

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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