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SmartMetric, Inc. ("SmartMetric" or the "Company") was incorporated pursuant to
the laws of Nevada on December 18, 2002. SmartMetric is a development stage
company engaged in the technology industry. SmartMetric has an issued patent to
utilize technology that involves connection to networks using data cards (smart
cards and EMV cards). SmartMetric's main product is a fingerprint sensor
activated card with a finger sensor and fully functional fingerprint reader
embedded inside the card with a rechargeable battery for portable biometric
identification and card activation. This card may be referred to as a biometric
card or the SmartMetric Biometric Datacard or Payments Card.
On September 14, 2004, C. Hendrick received a United States patent, U.S. Patent
No. 6,792,464 (the "'464 Patent") with regard to the use of the biometric card.
C Hendrick transferred the `464 Patent, to Applied Cryptography, Inc., a Nevada
corporation, owned by C. Hendrick, in June 2004 ("ACI").
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