Thursday, April 22, 2010

Visa and MasterCard to Respond to SmartMetric Lawsuit in May

MasterCard Worldwide


SURFSIDE, FL, Apr 22, 2010 (MARKETWIRE via COMTEX) -- SmartMetric, Inc. (SMME 0.14+0.08+133.33%) announced today that both defendants, namely MasterCard Inc. and Visa Inc., have contacted SmartMetric concerning its patent infringement lawsuit. Both defendants have requested time to respond. By agreement responses will be made by both credit card companies in May 2010.
SmartMetric filed on March 15th, 2010 a lawsuit against Visa Inc. and MasterCard Inc., Case No. CV10-1864 alleging patent infringement against the SmartMetric issued U.S. Patent No. 6,792,464.
Mr. Hendrick, the President & CEO of SmartMetric, said that MasterCard alone admits in a press release on its corporate website that it has issued more than 50 million cards that use a technology that SmartMetric claims breaches its patent.
SOURCE: SmartMetric, Inc.
http://www2.marketwire.com/mw/emailprcntct?id=06C0572B69DFB7F7
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