Precise Biometrics opens office in United Kingdom

Precise Biometrics is expanding and is now opening an office in London. The aim of the new office is to further strengthen Precise Biometrics' position on the biometrics market and to actively increase participation in the coming schemes to introduce national ID cards throughout Europe, starting with the United Kingdom.

The market for security and ID controls continues to develop, and there is huge potential for growth, particularly when it comes to biometrics and smart cards. This is true of both the national markets, as ID cards using biometrics are planned for a number of European countries, and the international market, where the introduction of electronic passports using biometrics is being devised. The technology used by Precise Biometrics is already well established on the market. The company is working alongside global partners on a number of projects, and the new office will further strengthen the company's position, allowing it to take a more active role in ongoing projects. "As a means of further strengthening Precise Biometrics' presence in the United Kingdom, we have made good use of the opportunity to develop the potential that exists for biometrics products on the growing British market. Having such a presence ensures that we can cultivate market demand for biometrics in the best way possible," says Christer Bergman, President and CEO of Precise Biometrics. Precise Biometrics' new office will be located in London and two appointments have already been made during this initial phase to complement personnel in Sweden who have previously canvassed the British market. In future, Precise Biometrics will also be cultivating the market through partners involved in IT security and physical 'access'. Moreover, the company now has the opportunity to more actively influence decision-makers involved in projects concerning biometrics-based ID documents and security solutions. "Precise Biometrics has an extremely strong position in the biometrics market and I am excited to become one of the team which helps to establish Precise Biometrics in the British market," says Stephen Edwards, who is joining the company with responsibility for EMEA (Europe, the Middle East and Africa) and is based at Precise Biometrics' new office in London. "As our strategy is to develop the market in cooperation with our global partners, expansion into the U.K. also extends our ability work with those partners. It will also be easier for us to make the most of opportunities that are available in other European markets," adds Stephen. For further information, please contact Christer Bergman, President & CEO, Precise Biometrics AB. Telephone +1(0) 703 405 8255, or +46 (0) 730 35 67 26 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, computers and networks and for integration into ID cards and passports. The group headquarters are in Lund, Sweden. It also has offices in Stockholm and a U.S. subsidiary in Washington, DC. The subsidiary Fyrplus Teknik is based in Karlstad and has regional offices in Linköping. Precise Biometrics is listed on the O-list of the Stockholm Stock Exchange (symbol: PREC A). For more information, please visit http://www.precisebiometrics.com/