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SmartMetric to Secure Mobile Payments Using Miniature Biometric Fingerprint Scanning Technology(November 22, 2011)
BUENOS AIRES, ARGENTINA -- (Marketwire) -- 11/22/11 -- SmartMetric, Inc. (OTCBB: SMME) -- President & CEO of SmartMetric, Inc., C. Hendrick, said today that SmartMetric, Inc., using its extensive engineering expertise in the miniaturizing of fingerprint scanning electronics, has its eye set on a bringing fingerprint authentication to mobile transactions. The President & CEO of SmartMetric, Inc, C. Hendrick, said that the company is excited by the application of its miniature fingerprint scanning technology to the mobile payments field offering a 100% verification and authentication process connected to mobile devices. SmartMetric, Inc. believes the biggest issue involving the acceptance and trust of mobile payments is security. The company is of the view that in adding fingerprint verification and authentication to mobile payment transactions will overcome this hurdle to the consumer confidence in mobile transactions and will propel a significant increase in the adoption of mobile devices being used to complete mobile transactions.
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.
For further information please go to the company website: 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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