Major Interest in Precise Biometrics’ New Products for Mobile Market - Interim Report Jan-Mar
Precise Biometrics AB (Publ), Corporate Identity No. 556545-6596
Interim Report for the Period January – March 2012
- The group’s net sales for the first quarter was SEK 4.7 million (3.6)
- The groups income for the quarter was SEK -9.8 million (-9.7)
- Earnings per share for the quarter amounted to SEK -0.05 (-0.07)
- Available cash at the end of the first quarter was SEK 7.0 million (11.6).
- Precise Biometrics has developed next generation of mobile security, Tactivo™, for smart devices: smart casings with smart card & fingerprint reader.
IMPORTANT EVENTS DURING THE QUARTER
- Precise Biometrics announced Thursby Software System’s use of smart casing to provide secure browsing on mobile devices.
- Precise Biometrics announced strategic partnership with FedSolve, an American systems integrator and reseller.
- Precise Biometrics obtained a credit facility for a total up to SEK 30 million, which can be utilized when needed.
Point of contact
Thomas Marschall, President and CEO, Precise Biometrics AB
Tel. 46 46 31 11 10 or 46 734 35 11 10
E-mail thomas.marschall@precisebiometrics.com
Patrik Norberg, CFO, Precise Biometrics AB
Tel. 46 46 31 11 47 or 46 734 35 11 47
E-mail patrik.norberg@precisebiometrics.com
Precise Biometrics is a market-leading provider of solutions for fingerprint recognition to prove people's identities. With top-of-the-line expertise in fingerprint verification, Precise Biometrics offers fast, accurate and secure authentication of a person.
The technology adds value to 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 technology is licensed to close to 160 million users.
For more information, please visit www.precisebiometrics.com
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