Precise Biometrics AB: Resolutions Taken At Precise Biometrics' Annual General Meeting 2006

Election of Board members Lars Grönberg, Christer Fåhraeus, Göran Jansson, Jan T. Jørgensen, Marc Chatel and Christer Bergman were re-elected as members of the board. Helen Fasth-Gillstedt declined to be re-elected. Lisa Thorsted was elected as a new board member. As of March 2006, Lisa Thorsted is Vice President for Commercial Planning at SAS Scandinavian Airlines Danmark A/S and she has previously been active in different business areas in SAS. Lars Grönberg was re-elected as the chairman of the board. The Annual General Meeting also resolved on remuneration to the board amounting to a total of SEK 735,000.

Dividends It was decided that no dividends would be issued for the financial year of 2005. Amendment of the articles of association The Annual General Meeting resolved to amend the Articles of Association in accordance with the proposal of the board. The amendment was implemented to adapt the Articles of Association to the new Companies Act, and for the purpose of combining the A and B shares to one class of shares. Resolution on authorization for the board to resolve on new issue of shares with deviation from the preferential rights of shareholders In accordance with the proposal of the board it was also resolved to authorize the board to decide upon an increase of the company's share capital through new issue of shares and/or convertibles. The full utilization of this authorization corresponds to a dilution of slightly less than 10% of the current share capital and votes. The objective of the authorization and the reason for the deviation from the preferential rights of shareholders is to enable the company to accomplish acquisitions of other companies by payment in its own shares and/or convertibles, and to achieve capital infusions primarily from new industrial or international owners. For further information, please contact: Christer Bergman, President and CEO, Precise Biometrics AB Tel +46-(0)-730 35 67 26 or +1 703 405 8255 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, logon verification for computers and networks and for integration into ID cards and passports. The group headquarters are in Lund, Sweden. It also has subsidiaries in London and Washington, DC. The subsidiary Fyrplus Teknik is headquartered in Karlstad and has regional offices in Linköping while the subsidiary Loqware is based in Gothenburg. Precise Biometrics is listed on the O-list of the Stockholm Stock Exchange (symbol: PREC A). For further information, please visit http://www.precisebiometrics.com/