Precise Biometrics: First Smart Phone with Precise Biometrics’ Technology

  Precise Biometrics: First Smart Phone with Precise Biometrics’ Technology

Business Wire

STOCKHOLM -- October 7, 2013

Regulatory News:

Precise Biometrics’(STO:PREC) (http://www.precisebiometrics.com/) algorithm
is now integrated in a smart phone as the result of the partnership with
Fingerprint Cards(http://www.fingerprints.com/) (FPC).

The first smart phone that integrates a FPC sensor with Precise Biometrics
Algorithm Precise BioMatch™
Mobile(http://www.precisebiometrics.com/Precise_BioMatch_Mobile) has been
introduced on the Asian market. This release is the first of its kind since
Precise Biometrics announced in August 2013 that they had entered in an
agreement(http://feed.ne.cision.com/wpyfs/00/00/00/00/00/20/C6/67/release.html)
with FPC, a manufacturer of fingerprint sensors.

”We are now seeing the result of our partnership with FPC and we are very
pleased that our world-leading technology has been introduced into the smart
phone market. It is exciting that it will be available in Asia, which is where
the majority of mobile phone manufacturers expected to integrate fingerprint
sensors are located,” says Patrik Lindeberg, COO at Precise Biometrics.

Precise BioMatch™ Mobile is based on the same algorithm that was top ranked in
MINEX and Ongoing MINEX, tests conducted by the U.S. NIST (National Institute
of Standards and Technology).

Precise BioMatch™ Mobile is optimized for smart phones and tablets with
integrated fingerprint sensors. In addition to biometric performance, speed
and footprint advantages it also provides efficient handling of rotated
fingerprints. This is a crucial feature for the user experience in a mobile
environment, and a major advantage over competitive products.

Due to confidentiality, Precise Biometrics cannot communicate the name of the
mobile manufacturer.

Precise Biometrics AB (publ) may be required to disclose the information
provided herein pursuant to the Securities Markets Act. The information was
submitted for publication at 08:00 am on October 7, 2013.

Precise Biometrics is a market leading supplier of solutions for fingerprint
recognition that guarantee the identity of people. With the highest level of
competence in fingerprint biometrics, Precise Biometrics offers fast, precise
and secure verification of a person's identity.

This technology can be used for ID, company and bank cards, and for access to
mobile solutions, computers and networks. Precise Biometrics delivers its
solutions to companies and government agencies all over the world, and the
Company's technology is licensed to almost 160 million users.

Forfurther information go towww.precisebiometrics.com

This information was brought to you by Cision http://news.cision.com

Contact:

Point of contact
Precise Biometrics AB
Thomas Marschall, President and CEO
Tel. 46 46 31 11 00 or 46 734 35 11 00
E-mail investor@precisebiometrics.com
or
Patrik Norberg, CFO
Tel. 46 46 31 11 47 or 46 734 35 11 47
E-mail patrik.norberg@precisebiometrics.com
 
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