Precise BioMatch Mobile integrated in a smartphone from a Chinese vendor
Precise Biometrics’ algorithm solution for fingerprint recognition in mobile devices, Precise BioMatch™ Mobile, has been deployed in a smartphone from a Chinese vendor through cooperation with Synaptics Incorporated (NASDAQ: SYNA ).Precise Biometrics is currently projecting the integration will generate royalty revenue starting from the fourth quarter of 2016. Royalty revenue is based on actual sales of fingerprint sensors that utilize Precise BioMatch Mobile and cannot be forecasted by Precise Biometrics at this point.