Precise Biometrics expands its patent portfolio by its first approved Precise Match-on-Card patent, strengthening the company's position as market leader


LUND, Sweden, October 22, 2002 (PRIMEZONE) -- Precise Biometrics AB (publ), developer and provider of worldleading and userfriendly biometric security solutions based on fingerprints, expands its patent portfolio by an approved patent for matching of fingerprints on smart card, Precise Match-on-Card(TM). The patent is the world's first in this technology field and gives Precise Biometrics excellent chances to establish Precise Match-on-Card(TM) as a standard for security solutions within the health services card, corporate ID card and national ID card segments.

The approved patent concerns the company's technology for matching of fingerprints on smart card, Precise Match-on-Card(TM), and more specifically the basic structure of the identification process, where the preprocessing takes place outside the smart card, and the actual matching is performed on the card.

Precise Match-on-Card(TM) offers both storage and matching of the fingerprint to take place directly on the smart card, instead of in a less secure computer or server. The company's products based on the technology is therefore particularly suitable for companies and organizations that have high demands on security but still want to be able to offer the users preserved integrity.

"Precise Match-on-Card(TM) is a technology that is being asked for more and more often by our customers and partners, primarily within the health services card, corporate ID card and national ID card segments. The patent further strengthens our position as a leader within this market segment and gives us very good chances to establish Precise Match-on-Card(TM) as a standard for this kind of security solutions," said Marten Obrink, executive vice president, Precise Biometrics.

The patent applies to Sweden and applications are filed in a number of countries. Precise Biometrics owns five patents (whereof four are registered in Sweden and one is registered in the US). The company has several pending patent applications for the Precise Match-on-Card(TM) technology and other inventions.

For more information, please contact: Marten Obrink, Executive Vice President, Precise Biometrics Phone: 46 46 31 11 11. Email: mo@precisebiometrics.com

Gunilla Savring, Director of Corporate Communications at Precise Biometrics Phone: 46 46 31 11 14. Email: gunilla.savring@precisebiometrics.com

Precise Biometrics is an innovative security company that supplies worldleading 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 topclass 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 Olist of the Stockholm Stock Exchange (symbol: PREC A). For additional information, visit www.precisebiometrics.com