Card Issuing Organizations and Banks Are Alleged to Be Violating the SmartMetric-Issued Patent
BAY HARBOR, FL--(Marketwire - Jul 20, 2011) - SmartMetric, Inc. (
The Company President & CEO, C. Hendrick, said its management plans to vigorously defend its patent against infringement from major banks that have recently begun issuing "contact" technology-based smart cards to their customers.
Supported by the Court's recent definition of the Company's patent as covering "contact" technology, the Company has determined these banks' cards and card Companies are in direct violation of the SmartMetric patent. SmartMetric will be seeking significant damages for harm done to the Company by what it alleges to be substantial disregard to the constitutionally protected rights of an inventor against corporate bullying and ignoring of such intellectual property rights by large corporations.
About SmartMetric:
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.
Contact Information:
Investor Contact:
Constellation Asset Advisors, Inc.
+1 (415) 524-8500
Company Contact:
C. Hendrick
President & CEO
SmartMetric, Inc.
Tel USA: +1.786.623.5779 (local USA call)
www.smartmetric.com