SmartMetric, Inc. Reports Earnings Results for the Full Year Ended June 30, 2023

SmartMetric, Inc. (SmartMetric) is focused on the biometric technology manufacturing industry. SmartMetric has an issued patent covering technology that involves connection to networks using data cards (smart cards and EMV cards). In addition, SmartMetric holds the license to five issued patents covering features of its biometric fingerprint activated cards. SmartMetric’s main products are fingerprint sensor activated payment cards for use in the credit and debit card industry, which are under development. The SmartMetric fingerprint biometric cards being developed by the Company have a rechargeable battery allowing for portable biometric identification and card activation prior to being presented to or inserted in, a credit or debit card reader. These cards are herein referred to as a biometric card or the SmartMetric Biometric Card. Other components of the SmartMetric Biometric Card include sensors, microchips, memory chips and processor chips.