Precise Biometrics’ Fingerprint Algorithm Chosen by Fingerprint Cards

Precise Biometrics AB (http://www.precisebiometrics.com/) and Fingerprint Cards
AB (http://www.fingerprints.com/) (FPC) have entered into an agreement where FPC
will license Precise Biometrics’ fingerprint algorithm to further enhance the
performance of FPC world leading capacitive sensors. FPC will bundle the
algorithm into existing sensor products, primarily targeting mobile phones and
tablets. The bundle will further enhance the performance of FPC sensors in terms
of accuracy and speed which are important criteria especially in the fast
growing mobile and tablet markets.
The integration of Precise Biometrics’ algorithm to FPC products is successfully
completed and FPC will start offering the bundled product to its partners and
OEM customers in Q3 2013.

Johan Carlström, CEO of FPC said, “FPC selected Precise Biometrics as algorithm
partner due to impressive performance of their algorithm in combination with our
sensors. We strive to offer the best user experience possible for embedded
sensors in mobile phones and tablets.  Driven by the largest mobile
manufacturers in the world, several hundred million users are, in the next two
years, expected to purchase smartphones and tablets with built-in fingerprint
sensors. It is of paramount importance to ensure these users a smooth,
convenient, and secure user experience, thus the selection of Precise Biometrics
as partner in algorithms.”

 “We are very pleased to work closely with Fingerprint Cards,” said Thomas
Marschall, CEO of Precise Biometrics. “Our evaluation shows that Fingerprint
Card’s sensors have outstanding performance, including image quality, power
consumption and footprint. Their position as market leader in the mobile phone
and tablet space and their many design wins are also impressive. Forecasts by
leading analysts of +1.5 billion smartphones being sold already in 2015, as well
as clear signs that major players currently are working to include fingerprint
sensors in their upcoming products, boosts our positive view on the market in
the coming years. We also expect that widespread deployment of fingerprint
sensors will positively impact our opportunities within the Match-on-Card
business.”

Precise Biometrics AB (publ) may be required to disclose the information
provided herein pursuant to the Securities Markets Act. The information was
submitted for publication at 8:00 am on August 20, 2013.
Point of contact
Thomas Marschall, President and CEO, Precise Biometrics AB
Tel. 46 46 31 11 10 or 46 734 35 11 10
E-mail thomas.marschall@precisebiometrics.com
Patrik Norberg, CFO, Precise Biometrics AB
Tel. 46 46 31 11 47 or 46 734 35 11 47
E-mail patrik.norberg@precisebiometrics.com
Precise Biometrics is a market leading supplier of solutions for fingerprint
recognition that guarantee the identity of people. With the highest level of
competence in fingerprint biometrics, Precise Biometrics offers fast, precise
and secure verification of a person's identity.
This technology can be used for ID, company and bank cards, and for access to
mobile solutions, computers and networks. Precise Biometrics delivers its
solutions to companies and government agencies all over the world, and the
Company's technology is licensed to almost 160 million users.

For further information go to www.precisebiometrics.com