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Monday, 11/15/2010 9:15:47 AM

Monday, November 15, 2010 9:15:47 AM

SMME news - SmartMetric, Inc. Confirms Settlement Discussions in Its Litigation With MasterCard and Visa

BAY HARBOR, FL, Nov 15, 2010 (MARKETWIRE via COMTEX) -- On November 10, 2010, SmartMetric, Inc. (OTCBB: SMME) and defendants Visa and MasterCard entered into a postponement stipulation, as filed with the United States District Court, to extend the November 10, 2010 report filing deadline to November 30th. The Stipulation confirms that the Company has engaged in certain settlement discussions with one of the two defendants, and further indicates the Company's intention to continue its settlement discussions. There can be no assurance, however, that any settlement will be reached with either defendant.
A copy of the 8-K and the Stipulation can be accessed with the following links:

http://sec.gov/Archives/edgar/data/1301991/000101376210002657/form8k.htm

http://sec.gov/Archives/edgar/data/1301991/000101376210002657/ex991.pdf

SmartMetric, Inc. is a publicly traded company based in Florida. For more information please visit us at www.smartmetric.com or email: C Hendrick at ceo@smartmetric.com

A man is a success if he gets up in the morning and goes to bed at
night and in between does what he wants to do. ~~~Bob Dylan~~~

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