BAY HARBOR, FL — (Marketwire) — 08/29/11 — SmartMetric, Inc. (OTCBB: SMME) CEO & President C. Hendrick today announced SmartMetric will be filing suit against Visa and MasterCard for Patent infringement of its
Details of the Patent infringement alleged by SmartMetric will be detailed in its complaint and information provided by the company to the market.
The company will be seeking “A PRELIMINARY AND A PERMANENT INJUNCTION AGAINST EACH DEFENDANT, PROHIBITING EACH OF THEM FROM FURTHER INFRINGEMENT OF THE -464 PATENT.”
The SmartMetric, Biometric Card Computer provides powerful computing with large memory capacity in a revolutionary size that has taken more than 10 years of research and development. Using the latest in sub micro technology electronics, the company has achieved a level of miniaturization that allows it to release a solution of portable computing power that combined with SmartMetric-s biometric fingerprint in-card scanning technology, is so revolutionary it will change the way business is done and information is handled across a broad range of industries.
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.
Constellation Asset Advisors, Inc.
+1 (415) 524-8500
SmartMetric, Inc.
+1.786.623.5779
President & CEO
C. Hendrick
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