Technology

SmartMetric Improvement of Its Fingerprint Anti-Spoofing Know-how Is a Breakthrough within the Biometric Fingerprint Trade

NEW YORK–(BUSINESS WIRE)–SmartMetric, Inc. (OTCQB: SMME): After a few years of analysis and improvement of its tremendous skinny fingerprint scanner that matches inside a bank card, SmartMetric has tremendously enhanced its fingerprint scanning expertise to supply rock stable anti-spoofing functionality.

The biometric fingerprint recognition and scanning expertise within the biometric trade so far, depends on software program algorithms to try to distinguish between a reside finger and a faux, say silicon reproduction of a finger. SmartMetric performed exhaustive in-house engineering laboratory testing of those software program primarily based anti-spoofing processes with its group of engineers in Tel-Aviv, Israel and located that they didn’t adequately carry out the duty of recognizing between a faux finger and a reside finger.

“We wished to be assured that our fingerprint scanning expertise would stand as much as probably the most rigorous evaluation of its anti-spoofing functionality and discovering the restrictions on this space of software-based options, we set about to create a a lot sounder approach of with the ability to distinguish between a reside finger and a faux finger,” mentioned SmartMetric’s President & CEO, Chaya Hendrick.

The corporate spent an excessive amount of time in analysis and improvement in creating its new superior anti-spoofing expertise. As of now the corporate is aware of of no different biometric fingerprint specialist firm that has something shut or resembling the effectiveness of the SmartMetric resolution.

SmartMetric is now making ready new biometric playing cards with its superior anti-spoofing expertise and will likely be quickly presenting these playing cards to a world funds community for its biometric card testing and approval. When the testing and approval is accomplished, the corporate will then have the ability to current its biometric card to be used by the cardboard networks related banks and associated card producers.

There are over 10 billion1 chip-based credit score and debit playing cards now in circulation worldwide. The SmartMetric biometric resolution has fingerprint scanning expertise embedded inside the cardboard that’s used to activate the playing cards floor contact chip in addition to its radio frequency contactless chip to allow a transaction. No fingerprint match of a reside particular person fingerprint and the cardboard won’t work.

SmartMetric is a USA primarily based firm with gross sales and advertising and marketing partnerships in Latin America, Europe and United States. Engineering of the biometric card electronics is finished in-house and is the owned mental property of the corporate.

SmartMetric has issued patents and patents pending surrounding its biometric card expertise.

To view the SmartMetric Biometric Card please comply with this hyperlink – Video of the SmartMetric Biometric Card. To view the corporate web site: www.smartmetric.com

1 Information Supply: 10 Billion and Counting: What the Newest EMV<sup>®</sup> Chip Information Means for World Funds – EMVCo

Secure Harbor Assertion: Ahead-Trying Statements on this press launch, which aren’t historic info, are forward-looking statements inside the which means of the Non-public Securities Litigation Reform Act of 1995. Additionally such forward-looking statements are inside the which means of that time period in Part 27A of the Securities Act of 1933 and Part 21E of the Securities Trade Act of 1934. Our precise outcomes, efficiency or achievements could differ materially from these expressed or implied by these forward-looking statements. In some instances, you’ll be able to determine forward-looking statements by way of phrases reminiscent of “could,” “may,” “anticipate,” “intend,” “plan,” “search,” “anticipate,” “imagine,” “estimate,” “predict,” “potential,” “proceed,” “possible,” “will,” “would” and variations of those phrases and comparable expressions, or the damaging of those phrases or comparable expressions. Such forward-looking statements are essentially primarily based upon estimates and assumptions that, whereas thought-about cheap by us and our administration, are inherently unsure. Components that will trigger precise outcomes to vary materially from present expectations embrace, amongst others, if we’re unable to entry the capital essential to fund present operations or implement our plans for development; modifications within the aggressive surroundings in our trade and the markets the place we function; our capacity to entry the capital markets; and different dangers mentioned within the Firm’s filings with the U.S. Securities and Trade Fee, together with our Annual Report on Kind 10-Okay, which filings can be found from the SEC. We warning you to not place undue reliance on any forward-looking statements, that are made as of the date of this press launch. We undertake no obligation to replace publicly any of those forward-looking statements to replicate precise outcomes, new info or future occasions, modifications in assumptions or modifications in different components affecting forward-looking statements, besides to the extent required by relevant legal guidelines. If we replace a number of forward-looking statements, no inference ought to be drawn that we are going to make further updates with respect to these or different forward-looking statements. Buyers and safety holders are urged to fastidiously assessment and contemplate every of SmartMetric Inc. public filings with the SEC, together with however not restricted to, if relevant, Annual Stories on Kind 10-Okay, proxy statements, Present Stories on Kind 8-Okay and Quarterly Stories on Kind 10-Q.

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