Strong Growth in the First Quarter for Precise Biometrics

Strong Growth in the First Quarter for Precise Biometrics

Precise Biometrics AB (publ), Corporate Identity No. 556545-6596
Interim Report for the period January - March 2010

•	The group's net sales for the first quarter amounted to SEK 19.3 million
(12.2).

•	Losses for the first quarter were SEK -0.3 million (-2.6). 

•	Losses per share for the first quarter amounted to SEK 0.00 (-0.03).

•	Liquid assets at the end of the quarter amounted to SEK 35.5 million (4.4).

Important event during the quarter

•	Precise Biometrics has received an order for hardware worth SEK 4.3 million in
a Match-on-Card project for government employees. The order is an additional
follow-up order from an existing customer in the Middle East.

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