Precise Biometrics AB (publ), Corporate Identity No. 556545-6596: Interim Report for the period January - March 2007

* The group's net sales for the first quarter amounted to SEK 6.0
    million (21.0).
  * Profit/loss for the first quarter was SEK -9.3 million (-1.8).
  * Profit/loss per share for the first quarter amounted to SEK -0.10
    (-0.03).
  * Liquid assets at the end of the quarter amounted to SEK 64.8
    million (42.2).

Significant events after the quarter

  * Precise Biometrics delivers biometric solution for national ID
    cards in Portugal. A procurement contract in a consortium led by
    the partner Gemalto was won. The new so called "Citizen Card"
    will replace several ID documents and will become the official ID
    document for all Portuguese citizens.


For further information
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

Precise Biometrics AB (publ.) is an innovative security company  that
supplies world-leading systems for  fingerprint and smart  card-based
authentication. The company's solutions  replace keys, PIN codes  and
passwords and enhance the integrity  of ID cards and passports.  With
its Precise  Match-on-Card(TM) technology,  the company  is a  market
leader within smart ID cards.  The product line includes systems  for
access  control  to  buildings,   computers  and  networks  and   for
integration into ID cards and passports. The Precise Biometrics group
has subsidiaries in Sweden,  Great Britain, USA  and a joint  venture
agreement in  China.  The group  headquarters  are in  Lund,  Sweden.
Precise Biometrics is  listed on  the small  cap list  at the  Nordic
Exchange in Sweden (symbol: PREC). For more information, please visit
http://www.precisebiometrics.com/

The full report including tables can be downloaded from the following
link: