The largest order ever and a significantly over-subscribed share issue

The largest order ever and a significantly over-subscribed share issue 

Precise Biometrics AB (publ), Corporate Identity No 556545-6596
Interim report for the period January - September 2009



•	The group's net sales for the interim period amounted to SEK 36.5 million
(34.4) and for the third quarter SEK 14.6 million (16.5).

•	The group's income for the interim period amounted to SEK -24.6 million
(-18.4) and for the third quarter SEK -13.0 million (0.1). The result includes a
write-down of goodwill in the wholly owned subsidiary Precise Biometrics
Solutions AB of SEK 5.0 million. 

•	Earnings per share for the interim period amounted to SEK -0.23 (-0.18) and
for the third quarter SEK -0.12 (0.00).

•	Liquid assets at the end of the interim period amounted to SEK 59.3 million
(7.5). Liquid assets include SEK 54.0 million from the rights issue (before
related costs). 

•	Precise Biometrics has been awarded an order worth approximately USD 6.0
million from the US government within the Cyber Security framework.  Delivery
has started and the order will be delivered and invoiced before end of 2009.
Revenue from the large US order will primarily be visible in the financial
statements for the fourth quarter.

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

•	Precise Biometrics has joined a partnership with the Nigerian company
Interswitch aimed at developing bank application for the African market. A first
project, worth 200 000 Euros in license sales, has already been initiated.

•	As Aviation sales has not fulfilled expectations due to the general industry
downturn it has been decided to restructure the wholly owned subsidiary Precise
Biometrics Solutions AB. As an effect Precise Biometrics AB has written down the
goodwill value of SEK 5.0 million in the subsidiary.

Thomas Marschall, President and CEO, Precise Biometrics AB
Tel. +46 (0)46 31 11 10 or +46 (0) 734 35 11 10 
E-mail thomas.marschall@precisebiometrics.com

Patrik Norberg, CFO, Precise Biometrics AB
Tel. +46 (0)46 31 11 47 or +46 (0) 734 35 11 47 
E-mail patrik.norberg@precisebiometrics.com


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 the Company
presentation.