Precise Biometrics provides biometric software and hardware as MAXIMUS wins U.S. Treasury Security Smart Card Contract


LUND, Sweden, Aug. 28, 2002 (PRIMEZONE) -- Precise Biometrics AB (publ), developer and provider of worldleading and userfriendly biometric security solutions based on fingerprints, is providing the biometric software and hardware as MAXIMUS (NYSE:MMS) wins the U.S. Treasury Security Smart Card Contract. The contract includes design, development, and implementation of the U.S. Department of the Treasury's new Electronic Treasury Enterprise Card for employees.The initial order value for Precise Biometrics will be a minimum SEK 2.5 million, which will gradually become visible over the next six months.

Under this contract, approximately 9,000 employees at the Treasury Department, Bureau of Alcohol, Tobacco and Firearms, Bureau of Engraving and Printing, Federal Law Enforcement Training Center, Internal Revenue Service, and Secret Service will be issued smart cards in the initial rollout.

The Treasury smart cards will contain an innovative contact integrated circuit chip, as well as an antenna to facilitate "contactless" transactions. This hybrid card will allow Treasury personnel to use a single card to facilitate both physical facility access (contact and contactless) and logical access (computer/network).

The smart card offers full support for biometrics, PKI and singlesignon, as well as a number of other cardbased applications for the Treasury.

Together with the biometric hardware and software from Precise Biometrics, MAXIMUS will use technology from Oberthur, a provider of smart cards, SCM Microsystems, a provider of smart card readers, HID and Indala, providers of contactless access control technology, ActivCard, a provider of smart card software, and Actcom, a provider of physical security solutions.

"MAXIMUS is proud to be providing an advanced smart card solution to the US Treasury," said Dr. David M. Mastran, CEO of MAXIMUS. "The MAXIMUS smart card program will offer Treasury personnel a tool that can be used to both streamline their daily business processes and make them more secure. With full support for digital certificates, physical and logical access, and biometrics, the new card will set a new smart card standard for other Federal government departments and agencies."

"Our efforts in the Government segment, where MAXIMUS is a leading player, are now starting to show results, which is very encouraging. This is yet another confirmation that our technology fits very well into complex solutions where the demands for security and convenience are high," says Christer Bergman, CEO of Precise Biometrics.

For more information, please contact: Marten Obrink, Executive vice president, Precise Biometrics Phone: 46 46 31 11 11. Email: marten.obrink@precisebiometrics.com

Gunilla Savring, Director of Corporate Communications, Precise Biometrics Phone: 46 46 31 11 14. Email: gunilla.savring@precisebiometrics.com

MAXIMUS: http://www.maximus.com

MAXIMUS is one of America's largest government services companies devoted to providing state and local governments with program management, consulting and information technology services. The Company has more than 5,300 employees located in more than 245 offices across the United States and overseas. In 1999 and 2001, MAXIMUS was selected by Forbes Magazine as one of the Ten Best Small Companies in America for that year. MAXIMUS is also one of the two companies selected by Business Week Magazine as one of the Hottest Small Cap Growth Companies for the last four years in a row. Additionally, MAXIMUS is included in the Russell 2000 Index and the S&P SmallCap 600 Index.

Precise Biometrics: http://www.precisebiometrics.com Precise Biometrics is an innovative security company that supplies worldleading 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 topclass 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 Olist of the Stockholm Stock Exchange (symbol: PREC A).