STRONG START TO 2013

PRECISE BIOMETRICS AB (PUBL), CORPORATE IDENTITY NO. 556545-6596
INTERIM REPORT FOR THE PERIOD JANUARY – MARCH 2013

  · The group’s net sales for the first quarter was SEK 16.8 million (4.7)
  · The group’s operating result for the quarter was SEK -1.0 million (-9.8).
  · The group’s net result for the quarter was -1.3 (-9.8).
  · Earnings per share for the first quarter was SEK -0.00 (-0.05).
  · Available cash at the end of the quarter amounted to SEK 7.7 million (7.0).

IMPORTANT EVENTS DURING THE QUARTER

  · A market-leading global provider of financial information services chooses
Precise Biometrics as their new fingerprint algorithm vendor following a
thorough test of the market. The customer is aiming to increase the performance
of existing and forthcoming fingerprint enabled devices by using Precise
Biometrics’ technology.


  · One of the largest mobile Operators in the US has started selling Precise
Biometrics’ Tactivo™ The Operator has placed an initial order of 5,000 Tactivo
units. The order has been delivered during March.


  · Precise Biometrics announced that the Company will shortly release Tactivo
for Android. Development of Tactivo for Android and further mobile platforms is
already in progress and will be launched end of Q2, with prototypes available
for selected partners in May.


  · The credit facility that was obtained during the first quarter 2012 was re
-paid in January 2013. The company utilized, before the repayment, SEK 20.0
million of the credit facility of SEK 30.0 million. Within the framework of the
credit facility agreement, and until the end of May 2013, the company can obtain
order financing.


  · The Board of Directors of Precise Biometrics has proposed the Annual General
Meeting on April 23, 2013 to decide to undertake a rights issue with
preferential rights for Precise Biometrics’ shareholders of approximately SEK 55
million. The rights issue is implemented to finance increased working capital
due to new orders, continued development of Tactivo by increasing resources for
production, product development and sales and marketing efforts worldwide. The
rights issue is guaranteed up to a level of 70% of the rights issue,
approximately SEK 38.5 million.

IMPORTANT EVENTS AFTER THE END OF THE QUARTER

  · Tactivo was FIPS 201 (Federal Information Processing Standard) certified for
the US General Service Administration (GSA) Approved Products List as the first
and so far only mobile smart card reader.

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

Patrik Norberg, CFO, Precise Biometrics AB
Telephone +46 46 31 11 47, or +46 734 35 11 47 E-mail
patrik.norberg@precisebiometrics.com

Precise Biometrics is a market-leading provider of 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.
The technology adds value to ID, enterprise and bank cards as well as access to
mobile solutions (smart phones and tablets), computers and networks.
Precise Biometrics serves business and government organizations throughout the
world and its technology is licensed to close to 160 million users.

For more information, please visit www.precisebiometrics.com and
www.idApps.com (http://www.precisebiometrics.com).