Precise Biometrics' rights issue significantly oversubscribed

Precise Biometrics' rights issue significantly oversubscribed

Precise Biometrics AB has successfully completed a rights issue with
preferential rights, which has supplied the Company with SEK 54.0 million prior
to issue costs. The rights issue was subscribed to 178% and is implemented to
finance further expansion and increase market penetration in prioritized
segments. 

A total of 32,839,867 shares were subscribed to with the exercise of
subscription rights, corresponding to 97.3% of the number of shares. In addition
900,333 shares were subscribed for without preferential rights, corresponding to
2.7% of the number of shares. 

The rights issue thereby fully subscribed and increases the number of shares by
33,740,200 to 134,960,800. The new issue of shares increases Precise Biometrics'
share capital by SEK 13,496,080 to SEK 53,984,320.  

Precise Biometrics' CEO Thomas Marschall comments:
- We are proud to carry out this rights issue without underwriting agreements,
where the result clearly demonstrates the shareholders strong faith in the
Company's strategy and potential. The new capital means that we have the
financial flexibility required to win new large orders, focus on long-term and
profitable projects and even further strengthen the company's market position. 

Those persons who have subscribed to shares without preferential rights will be
allocated shares in accordance with the principles indicated in the Prospectus.
Contract notes to the persons who have subscribed to shares without preferential
rights are expected to be issued around September 21, 2009. Only those persons
who receive an allocation will be informed.

As soon as the increase in share capital has been registered by the Swedish
Companies Registration Office the paid subscribed shares in the rights issue
will be converted to new shares. Trading in the new shares is estimated to start
on NASDAQ OMX around October 9, 2009. 

Financial Advisor
Remium AB has acted as financial advisor to Precise Biometrics in conjunction
with the rights issue.

Thomas Marschall, CEO, Precise Biometrics AB
Tel: +46 46 31 11 10, +46 734 35 11 10
E-mail: thomas.marschall@precisebiometrics.com    

Patrik Norberg, CFO, Precise Biometrics AB
Tel: +46 46 31 11 47, +46 734 35 11 47


Precise Biometrics is a market-leading provider of products and solutions for
fingerprint recognition. The technology proves people's identities in a fast and
secure way, while it reduces costs related to password management, identity
theft and fraud.  

Precise Biometrics serves business and government organizations throughout the
world and its technology is licensed to close to 100 million users. Precise
Biometrics is listed on NASDAQ OMX Stockholm small cap list (PREC).

For more information, please visit www.precisebiometrics.com or view an
information video at www.precisebiometrics.com/share-issue-video