SMARTMETERIC LAW SUIT CAN BE TROUBLE FOR VISA AND MASTERCARDS NUMBERS..THE PATENT IS CLEAR... THEY NEED TO SETTLE..
NEW YORK, NY--(Marketwired - Oct 18, 2013) - SmartMetric, Inc. (OTCQB: SMME) - Speaking today from New York, SmartMetric™, Inc. President & CEO Chaya Hendrick said following a hearing on August 25th, 2013, SmartMetric, Inc. the owner of issued patent "464" that is the subject of a patent infringement case claiming $14.5 Billion against both Visa Inc and MasterCard International by SmartMetric, Inc. for patent infringement and damages, has filed in the Federal Appeals Court an appeal against the courts ruling of non-infringment by Visa Inc. and MasterCard International. The same court ruled against a motion by Visa and MasterCard to have the patent ruked invalid. So it stabds that SmartMetric's "464" patent is a valid patent.