Precise Biometrics Announces Partnership Agreement with Giesecke & Devrient

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Precise Biometrics announces that they have entered into a partnership agreement with Giesecke & Devrient (G&D) that will provide Precise Match-on-Card™ technology for use on G&D smart-cards. The agreement enables the two companies to provide leading smart card and on-card fingerprint comparison technology while quickly responding to customer needs.

G&D, one of the world’s leading providers of smart-card solutions, and Match-on-Card industry leader Precise Biometrics have entered into a partnership agreement which enables G&D to use Precise Match-on-Card technology on its smart-cards. The card’s chip contains the cardholder’s fingerprints, enabling them to be securely identified so their information cannot be stolen or used by other individuals. Precise Match‑on‑Card enables the fingerprint to be stored on the card and securely matches the fingerprint directly on the card itself. This biometric verification greatly reduces fraud as well as protects personal data.

The Precise Biometrics solution has a track record of successful implementations, with its Precise Match-on-Card which has been chosen for six national ID projects including Nigeria, Portugal, Qatar, Bahrain, Thailand, and Venezuela. It is also used on physical access control credentials and employee ID cards in both the private and public sectors.

Precise Biometrics’ CEO Thomas Marschall said, “With its proven success, Precise Match-on-Card continues to be a top choice for market leaders such as G&D.” He continued, “Our partnership with G&D will enable both companies to respond quickly to customer needs, while at the same time offering those looking for on-card comparison an industry-leading choice. We are confident that we together with G&D will win more projects around the world where Match-on-Card has been specified as a project requirement.”

G&D is a global market leader and pioneering innovator in banknote production and processing, smart card solutions and services for telecommunication and electronic payment, and security documents and identification systems. With a headcount of more than 10,000 employees, the Group generated sales of EUR 1.7 billion in 2010.

Point of contact:
Thomas Marschall, CEO and President, Precise Biometrics AB

Tel: +46 46 31 11 10 or +46 734 35 11 10
E-mail thomas.marschall@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.

Its core product, Precise Match-on-Card™, adds value to ID, SIM, enterprise and bank cards as well as systems for access control to buildings, 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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