Precise BioMatch™ Embedded deployed in MeReals Biometric Smard Card V2
Precise Biometrics’ algorithm solution for fingerprint recognition in smart cards, Precise BioMatch Embedded, has through cooperation with Fingerprint Cards been integrated in MeReals biometric smart card V2 that was launched yesterday in connection with the opening of Pleinair Casino.
MeReals biometric smart card will initially be used by Pleinair Casino employees for access to private and privileged areas as well as to record time and attendance.
Precise Biometrics is currently projecting that the integration will generate royalty revenue starting from the second quarter of 2017. Royalty revenue is based on actual sales of fingerprint sensors that utilize Precise BioMatch Embedded and cannot be forecasted by Precise Biometrics at this point.
This information is information that Precise Biometrics AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out below, at 11.00 CEST on June 9, 2017.
FOR MORE INFORMATION, PLEASE CONTACT
Håkan Persson, CEO, Precise Biometrics AB
Tel. 46 46 31 11 05 or 46 734 35 11 05
ABOUT PRECISE BIOMETRICS
Precise Biometrics is a market leading supplier of solutions for convenient and secure authentication of people’s identity. We develop and sell fingerprint software and mobile smart card readers that provide the market’s best user experience and security. Our solutions are used hundreds of millions of times every day by people all over the world and are marketed together with strong business partners. For more information, please visit www.precisebiometrics.com