Precise Biometrics appoints new CEO

The Board of Precise Biometrics has found it necessary to hire a new CEO in
order to increase growth and to position the company even better in the fast
growing mobile market.
Thomas Marschall, who has been CEO for Precise Biometrics since 2006, is leaving
the company. His successor, Håkan Persson, who has extensive sales and
leadership experience within related industries will immediately bring deeper
sales experience and competencies to the company in an interim period while the
Board is searching for a permanent CEO for Precise Biometrics in collaboration
with a well esteemed executive search company.

”The strategy is clear and so are our growth targets. Through many years Precise
Biometrics has created the platform for future development. We are now ready to
take the next step. With a change in top management the Board wants to be able
to respond faster to opportunities in the market and thereby ensure momentum and
benefit from the company’s healthy financial situation to the benefit of
customers, shareholders and employees”, says Lisa Thorsted Chairman of the
Board.

”Precise Biometrics is a very exciting company with a technology with great
potential. I think an increased focus on sales is key to realising the company’s
potential, and I look forward to releasing this potential in close collaboration
with the management team and the employees”, says Håkan Persson, interim CEO for
Precise Biometrics.

The Chairman of the Board comments on the now former CEO: ”Through the years,
Thomas Marschall has made an immense contribution and for this we are very
grateful. He has commercialized the company’s technology and patents as well as
developed new products to support this. He has contributed to a stronger partner
set-up and partner strategy as well as ensured the necessary capital to develop
and position the company to its present status”

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 3.15 pm on November 8, 2013.
For more information
Chairman of the Board, Precise Biometrics
Lisa Thorsted
Phone +45 42 42 46 56
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