Precise Biometrics announces launch of private placement of new shares

Precise Biometrics AB (“Precise”) today announces the launch of a private
placement of new shares (“New Shares”) through a directed new share issue.
Precise has retained Carnegie Investment Bank AB as placing agents in a private
placement of New Shares directed towards international institutional investors
and qualified investors in Sweden (the “Private Placement”).

The price of the New Shares will be determined through an accelerated book
-building procedure, and the New Shares will be admitted to trading on NASDAQ
OMX Stockholm following their issuance and registration. The placing will start
immediately. The minimum order in the Private Placement has been set to the
number of shares that equals an aggregate purchase price of at least the
equivalent of SEK 1,000,000. Pricing and allocation of the Private Placement is
expected to take place before beginning of trading on NASDAQ OMX Stockholm at
09:00 CET on September 6, 2013. The total amount of New Shares to be offered in
the Private Placement will be determined in the book-building process.

The proceeds from the Private Placement will further enhance the company’s
working capital related to growth and order financing.

The Private Placement is subject (inter alia) to resolution by the Board of
Directors of Precise, pursuant to the authorization given by the 2013 annual
general meeting, to issue New Shares following close of the Private Placement
book-building procedure.

The above information has been made public in accordance with the Securities
Market Act. The information was submitted for publication at on 6.35 pm CET
September 5, 2013.

Important information

The publication or distribution of this press release may in certain
jurisdictions be subject to restriction by law, and persons in the jurisdictions
where this press release has been published or distributed should inform
themselves of and follow such legal restrictions. This press release does not
contain or constitute an invitation or offer to acquire, subscribe to or
otherwise trade with shares, subscription rights or other securities in Precise
Biometrics.

This press release may not be made public, published or distributed, either
directly or indirectly in the United States, Canada, Japan, New Zealand, South
Africa, Australia or any other country where such procedures are subject in full
or in part to legal restrictions. Nor may the information in this press release
may not be communicated, reproduced or presented in any way that is in conflict
with such restrictions. Failure to follow this instruction may involve a breach
of the United States Securities Act from 1933 ("Securities Act") or applicable
laws in other jurisdictions.

This press release may contain forward-looking statements. When used in this
press release, words such as “evaluate”, “expect” and “intend” are intended to
identify forward-looking statements. They may involve risks and uncertainties,
including product demand and market acceptance, the effect of economic
conditions, the impact of competitive products and pricing, foreign currency
exchange rates and other risks. These forward-looking statements reflect the
views of the management as of the date made with respect to future events and
are subject to risks and uncertainties. All of these forward-looking statements
are based on estimates and assumptions made by the management and are believed
to be reasonable, though are inherently uncertain and difficult to predict.
Actual results or experience could differ materially from the forward-looking
statements. Precise Biometrics disclaims any intention or obligation to update
these forward-looking statements.
Point of contact
Thomas Marschall, President and CEO, Precise Biometrics AB
Tel. 46 46 31 11 10 or 46 734 35 11 10
E-mail thomas.marschall@precisebiometrics.com
Patrik Norberg, CFO, Precise Biometrics AB
Tel. 46 46 31 11 47 or 46 734 35 11 47
E-mail patrik.norberg@precisebiometrics.com
Precise Biometrics is a market leading supplier of solutions for fingerprint
recognition that guarantee the identity of people. With the highest level of
competence in fingerprint biometrics, Precise Biometrics offers fast, precise
and secure verification of a person's identity.
This technology can be used for ID, company and bank cards, and for access to
mobile solutions, computers and networks. Precise Biometrics delivers its
solutions to companies and government agencies all over the world, and the
Company's technology is licensed to almost 160 million users.

For further information go to www.precisebiometrics.com