Henrik Holm, Founder of ProAct, Proposed as New Member of the Board of Precise Biometrics


LUND, Sweden, April 11, 2002 (PRIMEZONE) -- Henrik Holm, founder of the IT company ProAct, has been proposed as a new member of the board of Precise Biometrics.

Henrik Holm was born in 1964 and currently holds a number of board positions, including that of Chairman of the Board of ProAct IT Group AB, an IT company he founded and which is listed on the O-list of the Stockholm Stock Exchange. He has a good deal of experience in the business development of technology companies.

The proposal is backed by some of the company's largest shareholders, who have officially submitted their nomination to the board.

Nils Ljung, who has been a member of the Precise Biometrics board since 1998 has stated that he will not stand for re-election. Other than this, it has been proposed that the composition of the board and the Chairman remain unchanged.

The Annual General Meeting of Precise Biometrics will be held on April 16, 4:00 p.m. at Myntkabinettet in Stockholm, Sweden.

Precise Biometrics is an innovative security company that supplies world-leading systems for authentication using fingerprints. The solutions supplied by the company replace keys, PIN codes and passwords. The company's products are cost effective and provide security and comfort combined with top-class protection of personal integrity. The range of products includes systems for access control to computers and networks and for building into mobile and terminals, such as mobile phones and portable computers. The company headquarters are in Lund, Sweden. The company also has offices in Stockholm and a U.S. subsidiary in Washington, D.C. Precise Biometrics is listed on the O-list of the Stockholm Stock Exchange (symbol: PREC A). For additional information, visit www.precisebiometrics.com



            

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