PRECISE BIOMETRICS’ RIGHTS ISSUE OVERSUBSCRIBED

Precise Biometrics AB has successfully completed a preferential rights issue which has supplied the Company with approximately SEK 54.7 million prior to issue costs. The rights issue was subscribed to 169.4% and was carried out to finance new orders resulting in increased working capital, develop Tactivo™ through increased resources for production, product development and sales and marketing efforts worldwide.

A total of 57,492,826 shares were subscribed to with the exercise of subscription rights, corresponding to 97.8% of the number of shares. In addition 42,084,637 shares were subscribed for without preferential rights, corresponding to 71.6% of the number of shares.

The rights issue is thereby fully subscribed and increases the number of shares by 58,782,926 to 323,306,094. The new issue of shares increases Precise Biometrics’ share capital by SEK 16,459,219.34 to SEK 90,525,706.38.

“I am very pleased with the continued support from our shareholders. The new issue share capital now allows us to maintain a continued high momentum in both of our business units”, comments Thomas Marschall President and CEO at Precise Biometrics.

Those persons who have subscribed to shares without preferential rights will be allocated shares in accordance with the principles indicated in the prospectus. Contract notes to the persons who have subscribed to shares without preferential rights are expected to be issued around May 31, 2013. Only those persons who receive an allocation will be informed.

As soon as the increase in share capital has been registered by the Swedish Companies Registration Office the paid subscribed shares in the rights issue will be converted to new shares. Trading in the new shares is estimated to start on NASDAQ OMX around June 24, 2013.

Financial Advisor
Remium Nordic AB has acted as financial advisor to Precise Biometrics in conjunction with the rights issue.

Precise Biometrics AB (publ) may be required to disclose the information provided herein pursuant to the Securities Markets Act. The information was submitted for publication at 08.00 on May 31, 2013.

FOR FURTHER INFORMATION, PLEASE CONTACT
Thomas Marschall, President and CEO, Precise Biometrics AB
Telephone; +46 46 31 11 10 or +46 734 35 11 10, E-mail; thomas.marschall@precisebiometrics.com

Patrik Norberg, CFO, Precise Biometrics AB
Telephone; +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