SmartMetric Announces It Has Filed Today "First Amended Complaint For Infringement Of U.S. Patent 6,792,464"

SmartMetric Claims Patent Infringement by Visa and MasterCard



BAY HARBOR, FL--(Marketwire - June 2, 2010) -  SmartMetric, Inc. (OTCBB: SMME) announced it has filed today in United States District Court Case # CV-10-01864JHN(FMOx) First Amended Complaint For Infringement Of U.S. Patent.  Colin Hendrick, SmartMetric CEO, stated: "We believe and allege in our lawsuit that both Visa and MasterCard are infringing on our US patent 6,792,464 (the "464 patent") by selling, offering to sell and using contactless card systems, e.g. Systems like VT's Paywave™ and MC's PayPass™, that use data cards that when passed near to a reader, establish a connection to a network (the "Systems") that infringe at least claim 1 of the '464 patent.' Our patent was duly and lawfully issued on September 14, 2004 by the U.S. Patent and Trademark office 'System for Automatic Connection to a Network.' By assignment, SmartMetric is the owner of the patent."

In a press release issued on March 19, 2009, MasterCard Worldwide announced "the issuance of the 50 millionth MasterCard® PayPass™ card or device, as of 4Q 2008, which in the last year more than doubles the number of cards and devices in circulation around the world. This significant PayPass momentum demonstrates not only the demand for simple solutions when it comes to payments, but also the continued secular shift toward electronic payments as validated by recent data that indicates 41 percent of consumers use cash less often today than they did two years ago."

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 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.

Investor Contact:

Redwood Consultants, LLC

415.884.0348

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