Precise Biometrics Sees Great Potential in New Mobile Paradigm

The launch of fingerprint recognition on Apple’s iPhone 5S is a key milestone in
the fingerprint biometric industry. This offers great potential for Precise
Biometrics’ (http://www.precisebiometrics.com/) products.
Thomas Marschall CEO and President at Precise Biometrics says: “Apple is the
thought leader when it comes to mobile ingenuity and it is our strong belief
that the rest of the mobile industry now will follow this first step towards
making fingerprint biometrics a standard on smart devices. This opens up great
potential for our proven
algorithm (http://www.precisebiometrics.com/Precise_BioMatch_Mobile), Precise
Match-on-Card™ (http://www.precisebiometrics.com/precise-match-card) and the
smart case Tactivo (http://www.precisebiometrics.com/Mobile-Device-Security)”.

The new iPhone 5S allows the user to successfully verify a fingerprint from
different angles. This is key to a successful user experience. One of the
recognized main strengths of the Precise Biometrics’ algorithm is its ability to
handle such “rotating fingers”. This has been proven in test such as MINEX II
and Ongoing MINEX by NIST (US National Institute of Standards and technology).

The Touch ID in iPhone 5S will also be used for a payment system for both iTunes
and Appstore. This will create a new and strong demand for the same type of
solutions on other smart device platforms in segments such as banks and other
transaction based business.

Thomas Marschall adds: “We offer a proven algorithm and a strong Match-on-Card
technology that fits very well into fingerprint based mobile payment and credit
card systems in terms of security and convenience. I believe that our products
presents strong competitive advantages as the mobile industry move towards
making fingerprint sensor standard on smart devices. We also see our smart case
product Tactivo as a perfect complement as it allows third-party app to also
utilize fingerprint recognition”.

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 1:15 pm on September 11, 2013.
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