Summary of SMARTMETRIC, INC.

Changes in Registrant's Certifying Accountant, Financial Statements and Exhib

Item 4.01 Changes in Registrant's Certifying Accountant

On October 2, 2009, our current independent registered public accounting firm, Michael T. Studer CPA P.C. ("Studer") resigned. On October 13 , 2009, our Board of Directors approved, ratified and confirmed the appointment of KBL, LLP ("KBL") as our new independent registered public accounting firm, effective October 5, 2009.

The reports of Studer on our financial statements for each of the past two fiscal years contained no adverse opinion or a disclaimer of opinion and were not qualified or modified as to uncertainty, audit scope or accounting principles, except that Studer's report, dated October 14, 2008, on the Company's financial statements for the fiscal years ended June 30, 2008 and 2007, contained an explanatory paragraph indicating that there was substantial doubt as to the Company's ability to continue as a going concern . The appointment of KBL as our independent accountants was approved, ratified and confirmed by our Board of Directors on October 13 , 2009.

During our two most recent fiscal years and through the date of this report, we have had no disagreements with Studer on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, which disagreements, if not resolved to the satisfaction of Studer, would have caused it to make reference to the subject matter of such disagreements in its report on our financial statements for such periods.

During our two most recent fiscal years and through the date of this report on Form 8-K, there have been no reportable events as defined under Item 304(a)(1)(v) of Regulation S-K adopted by the SEC.

We provided Studer with a copy of this disclosure before its filing with the SEC. We requested that Studer provide us with a letter addressed to the SEC stating whether or not it agrees with the above statements, and we received a letter from Studer stating that it agrees with the above statements. A copy of this letter is filed as an exhibit to this report.

New Independent Accountants

On October 13, 2009, our Board of Directors approved, ratified and confirmed the appointment of KBL as our new independent registered public accounting firm effective as of October 5, 2009. During the two most recent fiscal years and through the date of our engagement, we did not consult with KBL regarding either
(1) the application of accounting principles to a specified transaction, either completed or proposed, or the type of audit opinion that might be rendered on our financial statements, or (2) any matter that was either the subject of a disagreement (as defined in Regulation S-K Item 304(a)(1)(v)), during the two most recent fiscal years.

Prior to engaging KBL, KBL did not provide our Company with either written or oral advice that was an important factor considered by our Company in reaching a decision to continue the appointment of KBL as our new independent registered public accounting firm.