Clarification of news about the integration of Precise BioMatch Embedded in a credit card

Precise Biometrics announced earlier today on the company's website that Precise BioMatch™ Embedded, the company's algorithm solution for fingerprint recognition in products with small sensors and limited platforms, is integrated in a Kona-i credit card through cooperation with Fingerprint Cards. The card was launched yesterday at the trade show Money 20/20 in Las Vegas.

Precise Biometrics clarifies that the launched credit card is not commercialized and that the integration therefore has no financial impact on the company.

Precise Biometrics AB is obliged to make this information 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 16.30 CEST on October 25, 2016.

FOR FURTHER INFORMATION, PLEASE CONTACT
Håkan Persson, CEO, Precise Biometrics AB
Phone; +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 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; http://precisebiometrics.com/   

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