PRECISE BIOMETRICS RECEIVES ORDER WORTH SEK 9.9 MILLION
Precise Biometrics has received an order for hardware worth SEK 9.9 million. The order is an additional follow‐up order from an existing customer in the Middle East. The delivery of the order is split between Q2 and Q3 2013.
The delivery consists of Precise Biometrics’ 200-series readers, combined fingerprint and smart card readers that will be used in a current government ID card project together with the Precise Match‐on‐Card™ technology.
The government is an existing customer of Precise Biometrics since 2004, when the company delivered the first volume order of fingerprint readers. Since then, Precise Biometrics has supplied fingerprint readers on a regular basis.
Thomas Marschall, President and CEO of Precise Biometrics, says: “It is very satisfying to see that this customer is so pleased with our products that they keep returning. This order proves that our two business units, IAM and Mobile, both have strong market opportunities for future growth”.
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 8:00 am on July 5, 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 (smart phones and tablets), 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 and www.idApps.com
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