BAY HARBOR, FL--(Marketwire - June 7, 2010) - SmartMetric, Inc. (
The case is captioned as Smart Metric v. MasterCard et. Al, case no. 2:10-cv-01864-JHN
As previously disclosed, on March 15, 2010 SMME filed a complaint for patent infringement against VISA and MasterCard. In response, on May 6, 2010 VISA and on May 14, 2010 MasterCard filed motions to dismiss. On May 28, 2010 plaintiff SMME filed a first amended complaint.
SmartMetric CEO Colin Hendrick stated, "We are extremely pleased by the district court's prompt entry of an Order denying the defendants' motion to dismiss. As alleged in the Company's amended complaint, the Company believes and therefore has alleged that defendant VISA's PAYWAVE card and defendant MasterCard's PAYPASS card infringe on the Company's various patents. In particular, the Company is the owner of United States Patent No. 6,792,464 (the '464 patent'). The 464 patent provides the Company with intellectual property rights for 'a system for automatic connection to a network.'"
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 http://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.
Contact Information:
Investor Contact:
Redwood Consultants, LLC
415-884-0348