SmartMetric's Lawsuit Against Visa and MasterCard

SURFSIDE, FL--(Marketwire - March 17, 2010) - Mr. Colin Hendrick, President of SmartMetric, Inc. (OTCBB: SMME), said today that on March 15, 2010, SmartMetric, Inc. (the "Company") filed a complaint in the United States District Court, Central District of California (the "Court"), Case No. CV10-01864, against MasterCard, Inc. ("MasterCard") and Visa, Inc. ("Visa"), alleging patent infringement on the Company's patent, U.S. Patent 6,792,464. The Company is seeking the following relief from the Court against MasterCard and Visa:

1. For an order pursuant to 35 U.S.C. section 271 declaring that each Defendant has infringed one or more claims of the '464 patent
2. A preliminary and permanent injunction against each defendant prohibiting each of them from further infringement of the '464 patent
3. An award of actual damages SMME has suffered by reason of the infringement charged in this complaint in an amount not less than a reasonable royalty on each Defendant's infringement of the '464 Patent
4. An award to plaintiff SMME of their costs herein
5. Such other relief as this Court may deem just and proper

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.

Contact Information:

Investor Contact:
Redwood Consultants, LLC
415.884.0348

Company Contact:
SmartMetric, Inc.
Colin Hendrick
305.607.3910