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Last updated on April 20, 2014 at 5:20 EDT

SmartMetric Launches One Card Digital Wallet Protected with Biometrics Using FPC’s Fingerprint Swipe Sensor

December 5, 2013

GOTHENBURG, Sweden, December 5, 2013 /PRNewswire/ –

The SmartMetric One Card Digital Wallet solution stores one or many cards’ information
in a smart card solution protected by biometrics. User authentication for unlocking the
wallet is performed by simply swiping the finger on the swipe sensor provided by
Fingerprint Cards (FPC). Matching is done locally inside the card, where user data is also
stored encrypted inside the card’s secure memory. The self-powered card can store
information from Credit Cards, IDs, Drivers’ Licenses, etc. It can also be used together
with a small EMV card-reading USB adaptor for use with online authentication.

Chaya Hendrick, President and CEO of SmartMetric Inc., comments:

“Protecting personal data and sensitive credit card information is critical and must
be done in a convenient way so that users can handle this easily on a daily basis. Our
biometric smart card is the first on the market that offers true multi-credit card storage
functionality, with data only available after secure fingerprint authentication. FPC
provides the type of fingerprint sensor technology that our biometric smart card requires,
where low power consumption and compact size are crucial technical requirements.”

Thomas Rex EVP Sales & Marketing of FPC, comments:

“Smart cards, protected by the use of biometrics, combine security and user
convenience and in its One Card Digital Wallet solution, SmartMetric has added features
that solve the challenge of handling multiple credit cards and other personal ID
information. We are excited to see this new solution being offered on the global smart
card market. FPC’s sensor technology has proven once more to be the market-leading
supplier of capacitive fingerprint sensors with the highest quality, compact size and the
lowest power consumption.”

About Smartmetric

SmartMetric, Inc., is engaged in the research and development of biometric card
solutions. Its principal product includes the SmartMetric Biometric Datacard, a
fingerprint sensor activated card with a finger sensor onboard the card and a built-in
fingerprint reader with a rechargeable battery for portable biometric identification. The
company offers its products for financial services sector, as well as for various security
applications, such as employee identity, building access and security control, computer
network access, drivers’ licenses, passports, welfare payments, health insurance, portable
electronic medical records, check cashing identity verification, etc. SmartMetric, Inc.
was founded in 2002 and is based in Las Vegas, Nevada.

About Fingerprint Cards AB (publ)

Fingerprint Cards AB (FPC) markets, develops and produces biometric components and
technologies that through the analysis and matching of an individual’s unique fingerprint
verify the person’s identity. The technology consists of biometric sensors, processors,
algorithms and modules that can be used separately or in combination with each other. The
competitive advantages offered by the FPC’s technology include unique image quality,
extreme robustness, low power consumption and complete biometric systems. With these
advantages and the ability to achieve extremely low manufacturing costs, the technology
can be implemented in volume products such as smart cards and mobile phones, where
extremely rigorous demands are placed on such characteristics. The company’s technology
can also be used in IT and Internet security, access control, etc.

http://www.fingerprints.com/corporate/en/media-2/press-kit

Fingerprint Cards AB (publ) discloses this information pursuant to the Swedish
Securities Market Act (2007:528) and the Swedish Financial Instruments Trading Act
(1991:980). The information was issued for publication on December 5 at 08:00 a.m. CET.

Important information

Issuance, publication or distribution of this press release in certain jurisdictions
could be subject to restrictions. The recipient of this press release is responsible for
using this press release and the constituent information in accordance with the rules and
regulations prevailing in the particular jurisdiction. This press release does not
constitute an offer or an offering to acquire or subscribe for any of the company’s
securities in any jurisdiction.

Contact:

Johan Carlstrom, CEO Fingerprint Cards, +46-31-60-78-20,
investrel@fingerprints.com

SOURCE Fingerprint Cards AB


Source: PR Newswire