Precise BioMatch Mobile integrated in smartphone from South Korean vendor

Precise Biometrics’ product for fingerprint recognition in mobile devices,
Precise BioMatch™ Mobile, has through cooperation with Fingerprint Cards (FPC)
been integrated in a new smartphone from a South Korean vendor.
The integration will generate royalty revenue starting from the first quarter
2016. Royalty revenues are based on the number of sensors FPC delivers to the
mobile phone manufacturer and cannot be forecasted at this point.
”We are very pleased that this South Korean vendor has chosen to switch
algorithm solution from a local supplier to Precise BioMatch Mobile. It is a
sign of strength of our technology and confirms that we offer the best
performance for fingerprint recognition. Precise Biometrics fingerprint software
is now integrated in products from 30 vendors and has become the preferred
choice to ensure a superior user experience and secure identity verification on
mobile devices”, says Håkan Persson, CEO of Precise Biometrics.
Precise BioMatch Mobile (http://precisebiometrics.com/fingerprint
-technology/precise-biomatch-mobile/) is the industry leading algorithm solution
for convenient and secure fingerprint recognition on smartphones and tablets.
The unique and patented hybrid algorithm solution is optimized for small
fingerprint sensors and platforms with limited processing power and memory
space. Precise BioMatch Mobile offers fast, accurate, and secure verification of
user’s identity, creating a convenient user experience when unlocking mobile
devices or authenticating to services.
This press release contains information that Precise Biometrics is required to
disclose pursuant to the Swedish Financial Instruments Trading Act (1991:980).
The information was submitted for publication at 8.15 am CET on February 22,
2016.
FOR MORE INFORMATION, PLEASE CONTACT
Håkan Persson, CEO, Precise Biometrics AB
Tel. 46 46 31 11 05 or 46 734 35 11 05
E-mail hakan.persson@precisebiometrics.com
ABOUT PRECISE BIOMETRICS
Precise Biometrics is a market-leading provider of solutions that prove people's
identities through smart cards and fingerprint recognition. The company´s
products can be used for ID, enterprise and bank cards as well as access to
mobile solutions, computers and networks. Precise Biometrics serves business and
government organizations throughout the world and its products are licensed to
close to 160 million users. For more information, please visit
www.precisebiometrics.com