Precise Biometrics Receives Order Worth Sek 2.3 Million



Precise Biometrics has received an order for hardware worth SEK 2.3
million in a Match-on-Card project. The order is a follow-up order
from an existing customer in the Middle East and part of a larger
order comprising both hardware and Precise Match-on-Card(TM)
licenses.

The delivery consists of Precise 200 MC, a combined fingerprint and
smart card reader that will be used in a government ID card project
together with the Precise Match-on-Card(TM) technology. Match-on-Card
is the concept of both storing and matching fingerprints in the
secure environment of a smart card.

The government is an existing customer of Precise Biometrics since
2004, when the company delivered the first order of combined
fingerprint and smart card readers at a value of SEK 2.8 million.

The solution is provided together with two partners - a leading
global system integrator and a local solution provider. The
fingerprint readers from Precise Biometrics will be delivered during
the second and third quarter of this year

Precise Biometrics already holds a strong position in the Middle East
as the company, being the only supplier of two Match-on-Card-based ID
card programs in the region, delivers fingerprint recognition
solutions to the national ID cards in both Bahrain and Qatar.

Precise Biometrics' CEO, Thomas Marschall is pleased with the fact
that Precise Biometrics' products and solutions have proved to be
satisfying in yet another Middle East project."As we have defined government ID cards as an important Match-on-Card
segment, I am satisfied that we have yet another order to prove the
strategic value of our choice. We are further strengthening our
position in the Middle East and this should give us advantages at
upcoming procurements in the region" says Thomas Marschall.


For further information, please contact
Karin Sveheim, Director of Markets, Precise Biometrics AB.
Telephone +46 46 31 11 50
E-mail karin.sveheim@precisebiometrics.com

Precise Biometrics AB is an innovative company offering solutions for
fingerprint recognition to prove people's identities. With
top-of-the-line expertise in fingerprint verification, Precise
Biometrics offers fast, accurate and secure authentication of a
person. Our core product Precise BioMatch(TM) integrates into ID and
bank card programs and secure chips, as well as systems for access
control to buildings, computers and networks. We act on a global
market and our technology is licensed to more than 78 million users
all over the world. The Precise Biometrics group has subsidiaries in
Sweden (with group headquarters in Lund), Great Britain, Hong Kong
and USA, and a joint venture agreement in China. 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/

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