SmartMetric Fingerprint Activated Biometric Card Nears Shipping

NEW YORK--(BUSINESS WIRE)--SmartMetric, Inc. (OTC: SMME) is soon to ship its completed advanced biometric fingerprint activated credit card. This is after extreme delays brought on by Covid related component delays.

“We are excited to be nearing the release finally of our advanced premium biometric fingerprint activated credit card after years of development and overcoming extreme component supply difficulties,” said SmartMetric’s President and CEO, Chaya Hendrick.

The market size of existing credit cards with chips on them is over 11 billion issued cards. As independent market research has evidenced that up to 70% of existing credit and debit card holders are keen to buy and pay for a new credit card or debit card with built in biometric fingerprint activation security, the actual market size for such cards runs into the multi-100’s of millions of cards.

“SmartMetric has spent well over a decade in perfecting the miniaturization of its biometric card internal electronics. Creating a totally new product that pushes the limits of electronic component miniaturization and electronic mass assembly, has needed a great deal of perseverance and persistency,” said Chaya Hendrick.

“We are excited about us being able to soon present our premium biometric card to card issuers around the world,” said Chaya Hendrick.

ABOUT THE SMARTMETRIC BIOMETRIC CARD: Keeping your biometric identity safe is at the center of the design of the SmartMetric biometric card. At no time does a card holder's fingerprint leave the card. A person’s fingerprint is stored inside the card and matching of the person's fingerprint is done on the card itself. This was a central design requirement of the SmartMetric biometric card solution that necessitated SmartMetric to create a self-powered inside the card, fully functional fingerprint scanner. Also, so that the card could be used at ATMs and POS (Point Of Sale) card readers, the SmartMetric development team created an on card miniature power management system that recharges the card as it is being used in card readers.

To view the SmartMetric Biometric Card please follow this link - Video of the SmartMetric Biometric Card

To view the company website: www.smartmetric.com

Spain moves to adopt biometric only credit cards: This Is The Change That Will Be Announced By Our Credit Card Banks (worldnationnews.com)

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Investors and security holders are urged to carefully review and consider each of SmartMetric Inc. public filings with the SEC, including but not limited to, if applicable, Annual Reports on Form 10-K, proxy statements, Current Reports on Form 8-K and Quarterly Reports on Form 10-Q.