Precise BioMatch Mobile integrated in Xiaomi Mi 5

Precise Biometrics’ algorithm solution for fingerprint recognition in mobile devices, Precise BioMatch™ Mobile, has through cooperation with Fingerprint Cards (FPC) been integrated in Xiaomi Mi 5.

The integration will generate royalty revenue starting from the first quarter 2016. Royalty revenues are based on the number of sensors FPC delivers to the mobile phone manufacturer and cannot be forecasted at this point.

”We are pleased that Xiaomi has chosen to integrate Precise BioMatch Mobile in yet another of its flagship devices. Precise Biometrics fingerprint software is now integrated in products from 30 smartphone vendors and has become the preferred choice to ensure a superior user experience and secure identity verification on mobile devices”, says Håkan Persson, CEO of Precise Biometrics.

Precise BioMatch Mobile is the industry leading algorithm solution for convenient and secure fingerprint recognition on smartphones and tablets. The unique and patented hybrid algorithm solution is optimized for small fingerprint sensors and platforms with limited processing power and memory space. Precise BioMatch Mobile offers fast, accurate, and secure verification of user’s identity, creating a convenient user experience when unlocking mobile devices or authenticating to services.

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 11.15 am CET on February 24, 2016.

FOR MORE INFORMATION, PLEASE CONTACT
Håkan Persson, CEO, Precise Biometrics AB
Tel. 46 46 31 11 05 or 46 734 35 11 05 
E-mail hakan.persson@precisebiometrics.com 

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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About Us

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 (smart phones and tablets), 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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We are pleased that Xiaomi has chosen to integrate Precise BioMatch Mobile in yet another of its flagship devices. Precise Biometrics fingerprint software is now integrated in products from 30 smartphone vendors and has become the preferred choice to ensure a superior user experience and secure identity verification on mobile devices
Håkan Persson, CEO