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.
SmartMetric's main product is a fingerprint sensor activated card with a finger
sensor onboard the card and built inside the card a fingerprint reader with a
rechargeable battery for portable biometric identification. This card may be
referred to as a biometric card or the SmartMetric Biometric Datacard.
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").