11.12.2014 13:18:00

Additional Information Regarding Precise Biometrics License Agreement with Synaptics

Regulatory News:

The license agreement Precise Biometrics (STO:PREC) has signed with Synaptics includes a limited fixed fee for the right to use Precise BioMatch™ Mobile, which will impact the fourth quarter 2014. Other revenues are royalties based on Synaptics use of Precise BioMatch Mobile, which cannot be forecasted right now, but could potentially generate revenue during the first half of 2015.

This press release contains information that Precise Biometrics is required to disclose pursuant to the Swedish Financial Instruments Trading Act (1991:980). The information was submitted for publication at 13.00 am on 11 December 2014.

About Precise Biometrics

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.

For further information go to www.precisebiometrics.com

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

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