SmartMetric acquires manufacturing plant in Argentina

Source: SmartMetric

SmartMetric, Inc. President & CEO of SmartMetric, Inc., C. Hendrick said today that SmartMetric, Inc., is excited to announce the Company has acquired via lease its manufacturing plant in Buenos Aires.

Situated in a secure zone of Buenos Aires, the plant will allow the company to proceed with its Latin American production of advanced electronic fingerprint activated Smart Cards for the Banking, Medical Insurance, Government Identity and many other markets and applications. Manufacturing in South America presents valuable benefits for the company while providing a favorable export base for Europe, Asia Pacific, Latin America and North America.

The Company President C. Hendrick said that the company is looking forward to moving from a long period of product research and development to product manufacturing and sales revenue in 2012.

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