12.05.2015 08:16:00

Precise Biometrics: Growth in the business area Fingerprint Technology

Regulatory News:

Precise Biometrics (STO:PREC):

PRECISE BIOMETRICS AB (PUBL), CORPORATE IDENTIYTY NR 556545-6596

INTERIM REPORT JANUARY-MARCH 2015

· The group’s net sales for the quarter was SEK 4.5 million (7.2).

· The group’s operating result for the quarter was SEK -8.9 million (-10.9)

· The group’s net result for the quarter was SEK -8.8 million (-10.7).

· Earnings per share for the quarter were SEK -0.03 (-0.03).

· Available cash at the end of the period amounted to SEK 50.7 million (85.7).

MAIN EVENTS IN THE FIRST QUARTER

· Precise BioMatch™ Mobile was integrated into two new smartphones through the cooperation with Fingerprint Cards.

MAIN EVENTS AFTER THE FIRST QUARTER

· Precise Biometrics was awarded the 2015 Frost & Sullivan Award for Global Customer Value Leadership in Fingerprint Biometrics for Mobile Devices. The Award is based on a recent market analysis and attributed to the highly efficient fingerprint software, Precise BioMatch Mobile, which in 2014 was integrated into the world´s first Android smartphone with a touch fingerprint sensor.

· Precise Biometrics smart card reader Tactivo™ was approved for usage with Swedish national healthcare system Pascal, a prescription tool for dose packaged medicals used by nurses, doctors and midwives. The approval is a breakthrough for secure mobile services in Swedish healthcare.

· Precise Biometrics received a follow-up order of 1200 Tactivo from the Defense Logistics Agency (DLA) within the US Department of Defense. The value of the order is 1.1 million SEK and will impact second quarter revenues 2015 with the full amount

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

For further information go to www.precisebiometrics.com

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

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