Precise Biometrics enters into agreement with VKANSEE for the licensing of Precise BioMatch™ Mobile
Precise Biometrics, a leader in fingerprint software, has entered into a commercial software license and distribution agreement with VKANSEE for the licensing of Precise Biometrics’ algorithm solution for fingerprint recognition in mobile devices, Precise BioMatch Mobile.The agreement includes a per unit license fee, an annual licensing fee for the right to use Precise Biometrics algorithm solutions and an annual fee for support and maintenance. While the per unit license fee is volume dependent and cannot be forecasted by Precise Biometrics at this point, Precise Biometrics is currently