LUND, Sweden, May 9, 2003 (PRIMEZONE) -- At the Extra General Meeting of Precise Biometrics AB (Other OTC:PBMTF) on May 9, 2003, a resolution to authorize the Board of Directors to issue new shares and/or convertible bonds with preferential rights for the shareholders was adoptedThe Extra General Meeting resolved to authorize the Board of Directors, for the period until the next Annual General Meeting, to adopt one or more resolutions to issue new shares of series A and/or convertible debentures convertible into shares of series A, with preferential rights for the shareholders. The issues shall be effected within the capital limits set forth in the articles of association at the time of the resolution. Payment for the new shares and/or convertible bonds shall be made in cash. The Board of Directors shall have the right to determine the other conditions of the issues.
For more information, please contact: Gunilla Savring, Director, Corporate and Marketing Communications Phone: + 46 46 31 11 14. E-mail: gunilla.savring@precisebiometrics.com
Precise Biometrics AB 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 more information about Precise Biometrics, visit http://www.precisebiometrics.com/