SmartMetric Finalizing Enterprise Systems Software Integration For Its Biometric Secure Access and Credit/Debit Cards

SmartMetric, Inc. (OTCQB: SMME) is pleased to announce that it will be providing a bank-end software security management system with its MIFARE® RFID biometric enabled doorway entry and cyber security cards.

SmartMetric® has created the world’s first multi-functional biometric security card that is used to open doorways with a wireless RFID reader as well as the same card used to log onto company computer networks. By combining cyber security with building access security in a card the thickness and dimensions of a credit card while also having a built-inside-the-card fingerprint scanner used to identify the card user, the SmartMetric biometric security card is a major leap forward in the security industry.

Most access card systems charge from $30.00 to $50.00 per card as a license fee. SmartMetric intends to have a zero per card license fee and will only charge a onetime fee for its advanced biometric card solution that will include the card access system.

"Our new biometric security card is a tremendous new technological advance in the multi-billion-dollar security market. We are excited that we are now able to offer a complete solution that has our biometric card working across an enterprise protecting both physical access and network computer log on. We are bringing the power of biometrics across the enterprise ensuring that only the legitimate card holder is able to activate and use their card based on their fingerprint biometrics,” SmartMetric’s President & CEO Chaya Hendrick said.

The SmartMetric biometric security card uses both MIFARE® Classic as well as MIFARE® DESFIRE®. The contact card uses a secure NXP contact chip for secure biometric confirmed log on to company computer systems. All of the card's functions are dormant and are only turned on after the card holder touches the card's sensor. A sub one second fingerprint scan is done of the card holder's fingerprint and matched with the pre-stored fingerprint inside the card. No external "biometric” readers are needed as the card itself is the biometric fingerprint reader.

Bundled with the card is an enterprise software system that is installed on the company server. This card access control system allows for each card to be given selected access authority thereby allowing an enterprise to set access rights to parts or all of the company’s doorways.

SmartMetric® has been working on a fully integrated software and card reader solution. Final touches are being made to the back-end software system that will allow for a smooth and rapid deployment of a total enterprise security solution using the SmartMetric biometric multifunction card.

The company is also finalizing the back-end systems for its biometric credit/debit card. Work is in the final stages concerning the integration of the SmartMetric biometric payments card for seamless connection to existing complex bank card systems.

It is estimated that close to 579 million* credit and debit cards will be biometric cards within the next five years.

"We are very excited with the pace of our final stage in integrating our biometric card into what are very complex back-end card systems in both the security world and the banking credit/debit card world. After all of these years in the hardware development of our amazing biometric card, we are now in the final stages of seeing our cards being able to be used in two enormous markets, banking and security,” Hendrick said.

Follow this link to view the SmartMetric biometric credit card:
Using the SmartMetric Card at an ATM
Storing your fingerprint on your card
SmartMetric Biometric Portable Medical Records Card

*Goode Intelligence forecasts 579 million biometric payment cards will be in use
* MIFARE and DESFIRE are trademarks of NXP

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.

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