LUND, Sweden, Feb. 5, 2003 (PRIMEZONE) -- Precise Biometrics AB (Other OTC:PBMTF) (Stockholm:PRECa):
-- The net turnover for the Group for the year totaled SEK 22.5 million
(14.1), and net turnover for the fourth quarter totaled SEK 10.6
million (5.6).
-- The bottom line for the financial year totaled SEK -73.6 million
(-68.1), and the bottom line for the fourth quarter totaled
SEK -19.2 million (-18.7).
-- Liquid capital at the close of the financial year was SEK 28.0
million (38.7).
-- The new share issue, carried out during the fourth quarter, was
over-subscribed and brought the company, after the costs of the
issue, SEK 28.0 million.
-- During the fourth quarter, two patents for matching fingerprints on
smart cards were approved.
-- During the fourth quarter, fingerprint readers and software for 5,000
computers were delivered to an American Fortune 100 company within
the financial sector.
Events occurring since the end of the financial year:
-- Precise Biometrics was chosen, together with the members in
BearingPoint's project group, to participate in the third and final
biometrics evaluation of the US Department of Defense's Common
Access Card project.
Precise Biometrics AB (publ) is an innovative security company that supplies world-leading systems for authentication using fingerprints. The solutions supplied by the company replace keys, PIN codes and passwords. The company's products are cost effective and provide security and comfort combined with top-class protection of personal integrity. The range of products includes systems for access control to computers and networks and for building into mobile and terminals, such as mobile phones and portable computers. The company headquarters are in Lund, Sweden. The company also has offices in Stockholm and a U.S. subsidiary in Washington, D.C. Precise Biometrics is listed on the O-list of the Stockholm Stock Exchange (symbol: PREC A). For more information about Precise Biometrics, visit www.precisebiometrics.com
The full-report including tables can be downloaded from the enclosed link: http://reports.huginonline.com/890573/112994.pdf