New CFO at Precise Biometrics

Regulatory News:

Tommy Nilsson has been appointed CFO of Precise Biometrics AB  (STO:PREC), effective September 1st, 2015. He has been interim CFO of the company since June 1st, 2015. Tommy Nilsson will be a member of the management team.

”Tommy has many years of CFO experience from different companies and has the relevant competence and energy to contribute to a positive development of Precise Biometrics’ business. We welcome Tommy to Precise Biometrics and its Management Team as the permanent CFO", says Håkan Persson, CEO of Precise Biometrics.

Tommy Nilsson is 57 years old and has a Bachelor of Science in Business Administration and Economics at Lund University, Sweden. He has held interim management positions as CEO and CFO at EVRY Shared Service Center, BRIO, Purac, Malmö Aviation among others. He has also held permanent management positions as Director/VP of Finance and Controller at Electrolux, Ericsson, Pharmacia and Mars. Tommy Nilsson is married, has three children and two grandchildren.

ABOUT PRECISE BIOMETRICS

Precise Biometrics is a market-leading provider of solutions that prove people's identities through smart cards and fingerprint recognition. The company´s products can be used for ID, enterprise and bank cards as well as access to mobile solutions, computers and networks. Precise Biometrics serves business and government organizations throughout the world and its products are licensed to close to 160 million users. For more information, please visit www.precisebiometrics.com

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