Precise Biometrics: Precise BioMatch Mobile integrated in two new smartphones

Regulatory News:

Precise Biometrics’ (STO:PREC) product for fingerprint recognition in mobile devices, Precise BioMatch™ Mobile, has through cooperation with Fingerprint Cards (FPC) been integrated in two new smartphones from an existing Chinese customer.

The integration will generate license revenue starting from the third quarter 2015. The value of license revenue is based on the number of sensors FPC delivers to the mobile phone manufacturer and cannot be forecasted at this point.

”We are proud to see that Precise BioMatch Mobile has been integrated in these new models as well. We appreciate their continued trust in our fingerprint software, which in combination with a high qualitative sensor is crucial for fast and accurate authentication”, says Håkan Persson, CEO of Precise Biometrics.

Precise BioMatch Mobile provides easy integration of fingerprint matching functionality for smartphones and tablets, and is optimized for small touch sensors in mobile environments through a unique patented hybrid algorithm. The software offers fast, accurate, and secure verification of the user’s identity, creating a convenient user experience for consumers when unlocking their mobile device or authenticating to services, while delivering enhanced security.

Precise Biometrics also offers fingerprint technology to stationary and embedded solutions. Precise BioMatch Embedded provides easy integration of fingerprint matching functionality for numerous environments and applications through a unique patented hybrid algorithm. The software offers fast, accurate, and secure verification of the user’s identity, creating a convenient user experience when unlocking a device or authenticating to services, while delivering enhanced security.

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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