UPDATE - SmartMetric Is Pleased to Announce the World's First "In-Card" Credit/Debit Card Fingerprint Reader, Which Allows You to Activate Your Card's EMV Chip Prior to a Transaction -- a Quantum Leap in Credit/Debit Card Security

NEW YORK, NY--(Marketwired - October 01, 2015) - SmartMetric, Inc. (OTCQB: SMME) -- Following years of research and development, SmartMetric, the manufacturer of the world's first EMV chip and biometric-activated credit and debit cards, using a powerful miniature fingerprint scanner built inside the card, will be releasing its advanced payments card this month.

"We are now days away from bringing on-line our large-scale manufacturing following the successful transfer from our lower volume production facility. This is a tremendously exciting development for our company as we now are able to concentrate our attention and efforts on marketing our biometric card to banks and financial institutions around the world," said SmartMetric's President and CEO, Chaya Hendrick, today.

SmartMetric is planning on an official product launch to specialized technology journalists this month. This will be the first official product launch for the company and its biometric fingerprint credit/debit cards. SmartMetric has engaged salespersons in Europe, Asia and North America who are now actively marketing the card to the banking and financial institution, card issuing world.

There are more than 3.4 billion EMV chip cards in use around the world. The United States is now issuing these EMV chip cards en mass, bringing the USA in line with the major advanced countries globally. SmartMetric brings an even greater level of security to the EMV chip card technology by adding biometric authentication and activation inside the card itself.

To view a video of the SmartMetric biometric chip card follow this link:

SmartMetric Biometric Payments Card - https://youtu.be/zSX59uHoHqU

To view 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.

Embedded Video Available: https://youtu.be/zSX59uHoHqU