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Are We Seeing the "Death of the Password"

BAY HARBOR, FL--(Marketwire - Jan 18, 2013) - SmartMetric, Inc. ( OTCQB : SMME ) -- Speaking this morning, The President and CEO of SmartMetric, Inc., Ms. Chaya C. Hendrick said only minutes after sending out a press release on the vulnerability of "passwords" a new disclosure of yet another massive breach of passwords was disclosed over the wires this morning. This time the password attack was on the popular LinkedIn website. The SmartMetric, President said that this just goes ahead and proves what we all know in the technology security space and that is the "old password" if not now dead as a secure method, it is definitely on its last legs. The only problem for the world is what can replace the password that would be easy to use and be dramatically more secure.

SmartMetric she said, has spent the last ten years developing an answer to this question. Having concluded that a person's fingerprint is a lot safer than a password and something that a person has with them all the time, the company has set about to create what is now the World's smallest fingerprint reader used for authentication and identity validation. Small enough and the only reader in the World able to fit inside even credit cards, the company is preparing to make this technology available globally for Banking, Credit Cards, On-Line Transactions and Website logon. The company is excited, It's President said this morning, that it had the foresight years ago to embark on its adventurous investment of time, talent and resources to develop a useable real-world replacement to the "password." SmartMetric's miniature fingerprint reading technology is one of kind in the World and is truly the only practical solution to the password problem.

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.