21.05.2015 15:21:00
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Precise Biometrics: Precise BioMatch Mobile integrated into another smartphone from Oppo
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 yet another smartphone from Oppo, R7 Plus.
”Precise BioMatch Mobile enables convenient and secure fingerprint recognition for smartphones. We are happy that Oppo continues to use our technology, which also demonstrates a positive market development for fingerprint sensors in mobile devices, says Håkan Persson, CEO of Precise Biometrics.
The integration will generate license revenue starting from the second 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.
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 15.15 CEST am on May 21, 2015.
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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View source version on businesswire.com: http://www.businesswire.com/news/home/20150521005761/en/
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