SmartMetric Updates Patent Infringement Lawsuit

Visa and MasterCard Motion to Dismiss Denied

BAY HARBOR, FL--(Marketwire - June 7, 2010) -  SmartMetric, Inc. (OTCBB: SMME) announced today that on June 2, 2010 the United States District Court for the Central District of California entered an Order Denying the Motion to Dismiss filed by defendants VISA, Inc. ("VISA") and MasterCard Incorporated ("MasterCard").

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.

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