Breakthrough order for Precise Biometrics as Thailand introduces national ID-cards with biometric technology

Precise Biometrics AB (publ), a Swedish-based company that supplies world-leading, user-friendly biometric security systems based on fingerprints and smart cards, has received an order from Thai authorities to license Precise Match-on-Card(TM) technology in the initial phase of Thailand's new national ID card project. The order has been taken in collaboration with Smart Card Systems International Co. Ltd (SSI), the company's local integrator and service partner.

In the first phase of the project, being rolled out this year, an estimated 12 million ID cards will be delivered, each carrying Precise Match-on-Card(TM) technology, as well as 36,000 fingerprint scanners equipped with Precise BioCore® technology. For Precise Biometrics the order means approximately SEK 5 million in this first phase. During the coming three years, Thai authorities are planning to issue national ID cards with Precise Match-on-Card(TM) to each of Thailand's approximately 64 million citizens. Prior to awarding the order, evaluations were made to compare Precise Match-on-Card(TM) with all competing Match-on-Card solutions, as well as other biometric alternatives using a server or PC for matching. Matching on card proved to be far superior in major ID card projects in terms of economy, personal integrity, security, scalability and reliability. Precise Match-on-Card(TM) was the clear choice as the best product based on biometric performance and compatibility with leading smart cards. Another contributing factor was the fact that the solution is already available on the market, and is backed by documented performance. "Precise Biometrics' products are well proven and reliable," notes Dr. Sangchai Apichatthanapath, the CEO at SSI. "This is essential for such a major and nation-wide project. The software integration has been perfectly smooth, and we're looking forward to a mutually successful project." "Right from the start, our project has been ambitious, and the specifications for Match-on-Card biometry were very demanding," says Mr Suwitt Khunkitti, Thailand's Minister of Ministry of Information and Communications Technology (ICT). "Precise Biometrics and Precise Match-on-Card(TM) have fully met and even exceeded our expectations." "The selection of Precise Biometrics is concrete proof of our leading position in the market of smart cards," claims Christer Bergman, President and CEO of Precise Biometrics. "Our Precise Match-on-Card(TM) technology is available to all leading smart card manufacturers and meets the very highest performance demands." For further information, please contact Christer Bergman, President & CEO, Precise Biometrics AB. Telephone +1(0) 703 405 8255, or +46 (0) 730 35 67 26 E-mail christer.bergman@precisebiometrics.com Precise Biometrics AB (publ.) is an innovative security company that supplies world-leading systems for fingerprint and smart card-based authentication. The company's solutions replace keys, PIN codes and passwords and enhance the integrity of ID cards and passports. With its proprietary Precise Match-on-Card(TM) technology, the company is a market leader within smart ID cards. Through its subsidiary Fyrplus Teknik, Precise Biometrics can deliver complete biometrics solutions on the Scandinavian market based, for example on fingerprint, iris and facial recognition. The product line includes systems for access control to buildings, computers and networks and for integration into ID cards and passports. The group headquarters are in Lund, Sweden. It also has offices in Stockholm and a U.S. subsidiary in Washington, DC. The subsidiary Fyrplus Teknik is based in Karlstad and has regional offices in Linköping. Precise Biometrics is listed on the O-list of the Stockholm Stock Exchange (symbol: PREC A). For more information, please visit http://www.precisebiometrics.com/