Precise Biometrics Awarded Software Order to Department of State Worth Approx. USD 620,000 (SEK 4 Million)

Precise Biometrics has been awarded an order to supply a software upgrade for the US Department of State's biometric employee ID card program. The software upgrade adds Windows Vista support to the existing Precise Match-on-Card(TM) solution at the State Department. The total order value for Precise Biometrics is SEK 4 million.

Precise Match-on-Card(TM) technology enables government employees at American embassies and consulates all over the world to log onto networks and systems using their fingerprints. The order, which is worth SEK 4 million, comprises licenses and toolkits that enables existing Precise Match-on-Card(TM) software and already deployed fingerprint readers to comply with Windows Vista. On-site support and integration services are also included in the order. The delivery will be made during September and October 2008. The US Department of State is rolling out the Match-on-Card solution to new users on a monthly basis and will within a few years have more than 60,000 users enrolled in the system. Precise Match-on-Card(TM) is the process of storing and matching fingerprint information on a smart card to establish the presence of an individual. As the fingerprint information does not leave the card, there is no need for a database and the cardholder's integrity is preserved. According to the Department of State's own calculations, the biometric logon system saves the organization millions of US dollars annually in reduced password administration costs. Precise Biometrics' CEO, Thomas Marschall, sees the expansion of Precise Match-on-Card(TM) usage in the US as another strong confirmation of the company's position as the market leader within this field. "The US Department of State is running the most successful biometric government ID card program to date. Repeated follow-up orders like this are additional proof that our technology works in the long run. The department has used and endorsed our technology for years, and we are proud that they expand their use of our Match-on-Card and continue to invest in this system. This is also hands on proof that Match-on-Card prove can co-exist with PIV*. We have seen that biometric employee programs like this have attracted interest in other American agencies as well as from governments in countries worldwide, mainly due to its success and advantages when it comes to security, cost-efficiency and interoperability.", says Thomas Marschall. Precise Biometrics has during the year successfully supplied Match-on-Card to other US customers, such as FRAC (First Responders Access Card), NASA, FAA (Federal Aviation Administration) and one of the largest US Police Departments. Precise Biometrics has more than 12 million deployed card licenses and close to 80 million contracted licenses for its Match-on-Card technology. * PIV is a biometric US government card program for Personal Identity Verification of federal employees and contractors mandated by presidential directive HSPD-12. Today, PIV does not include Match-on-Card technology. http://www.nist.gov For further information, please contact Thomas Marschall, CEO & President, Precise Biometrics AB. Telephone +46 46 31 11 10 E-mail thomas.marschall@precisebiometrics.com Precise Biometrics AB is an innovative company offering 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. Our core product Precise BioMatch(TM) integrates into ID and bank card programs and secure chips, as well as systems for access control to buildings, computers and networks. We act on a global market and our technology is licensed to more than 78 million users all over the world. The Precise Biometrics group has subsidiaries in Sweden (with group headquarters in Lund), Great Britain, Hong Kong and USA, and a joint venture agreement in China. Precise Biometrics is listed on the small cap list at the Nordic Exchange in Sweden (symbol:PREC). For more information, please visit http://www.precisebiometrics.com/