Year-end report for the period January - December 2007

* The group's net revenue for the financial year amounted to SEK
    24.8 million (47.7) and for the fourth quarter to SEK 8.1 million
    (11.4).

  * Losses for the financial year amounted to SEK -35.3 million
    (-90.9) and for the fourth quarter SEK -9.8 million (-60.1).

  * Losses per share for the financial year amounted to SEK -0.35
    (-1.22) and for the fourth quarter SEK -0.10 (-0.74).

  * Liquid assets at the end of the financial year amounted to SEK
    32.5 million (76.3).

  * Cooperation with OKI Electric Industry Co. Ltd. has resulted in
    the launch of a completely new product, the production of which
    will start in April 2008. OKI estimates the production to
    approximately 200,000 chips a month.

  * During the quarter Precise Biometrics received a follow-up order
    for hardware for the national ID card project in Portugal. The
    order was for 1,400 units of Precise Biometrics' fingerprint
    reader Precise 250 MC, and has been obtained in partnership with
    Zetes Burótica. The order has been delivered.

  * Precise Biometrics also received a follow-up order during the
    quarter for hardware for the Swiss group, Swisscom. The order is
    worth around SEK 2.4 million and will be delivered during the
    first quarter 2008.

  * Precise Biometrics also won the procurement process for national
    ID cards for a small country. The Company won the tender together
    with a partner and the solution is based on Precise
    Match-on-Card(TM) technology.


For further information, please contact
Thomas Marschall, President & CEO, Precise Biometrics AB.
Telephone +46 46 31 11 10, or +46 734 35 11 10
E-mail thomas.marschall@precisebiometrics.com


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