LUND, Sweden, July 19, 2005 (PRIMEZONE) -- Precise Biometrics AB:
-- Sales for the Group during the interim period were SEK 28.5
million (14.5), and for the second quarter SEK 13.7 million (7.7).
-- The bottom line during the interim period was SEK -11.9 million
(-15.9), and for the second quarter SEK -5.0 million (-9.0).
-- Losses per share for the interim period were SEK -0.19 (-0.32),
and for the second quarter SEK -0.08 (-0.15).
-- Liquid funds at the close of the interim period were SEK 23.8
million (55.5).
-- The company received a first order from the Thai Government
concerning licenses for 12 million national ID cards incorporating
Precise Match-on-Card(tm) and 36,000 fingerprint readers equipped
with Precise BioCore(r).
-- The company has reached agreements with the new partners Iridian
Technologies and OmniPerception, which have resulted in a multi-
biometric Match-on-Card solution for Sharp's smart cards.
-- The company has implemented a directed share issue to Japanese
silex technology Inc. for just over SEK 7 million. The issue was
made within the framework of the authorization given at the annual
general meeting.
-- The company has reached a three-year agreement with Iris
Corporation Berhad from Malaysia. In the initial phase the
agreement provides SEK 3.5 million in license revenues. In
addition to this Precise Biometrics will be an authorized dealer
of Iris hand-held and stationary biometric terminals for smart
cards.
Significant events after the end of the quarter
-- Precise Biometrics has opened its own sales office in the U.K.,
which will further enhance our presence on local markets.
The full report including tables can be downloaded from the enclosed link.
http://hugin.info/131387/R/1002895/153904.pdf
Precise Biometrics AB (publ.) is an innovative security company that supplies world-leading systems for fingerprint and smart card-based authentication. The company's solutions replace keys, PIN codes and passwords and enhance the integrity of ID cards and passports. With its proprietary Precise Match-on-Card(tm) technology, the company is a market leader within smart ID cards. Through its subsidiary Fyrplus Teknik, Precise Biometrics can deliver complete biometrics solutions on the Scandinavian market based, for example on fingerprint, iris and facial recognition. The product line includes systems for access control to buildings, computers and networks and for integration into ID cards and passports. The group headquarters are in Lund, Sweden. It also has offices in Stockholm and a U.S. subsidiary in Washington, DC. The subsidiary Fyrplus Teknik is based in Karlstad and has regional offices in Linkoping. Precise Biometrics is listed on the O-list of the Stockholm Stock Exchange (symbol: PREC A). For more information, please visit http://www.precisebiometrics.com/