LUND, Sweden, Oct. 26, 2005 (PRIMEZONE) -- Precise Biometrics:
- The Group's sales for the interim period totaled SEK 36.2 million (22.6) and for the third quarter SEK 7.7 million (8.1).
- The bottom line for the interim period was SEK -22.5 million (-25.4) and for the third quarter SEK -10.6 million (-9.5).
- Losses per share for the interim period were SEK -0.36 (-0.48) and for the third quarter -0.16 (-0.16).
- Liquid capital at the close of the interim period was SEK 70.9 million (52.0).
- Precise Biometrics has incorporated a subsidiary in the United Kingdom. The object is to enhance the company's position in the biometrics market and to seek to be actively involved in the national ID card projects currently being planned throughout Europe.
- The company made a directed share issue to the principal shareholder in Loqware Sweden AB, by which the company acquired 94 percent of the shares in Loqware at a value corresponding to about SEK 8 million.
- Within the framework of an incentive program resolved at the annual general meeting, AGM, the management team for Precise Biometrics acquired a total of 1,400,000 subscription options.
- The company also carried out a new directed share issue at international investors, bringing the company SEK 63 million before issue costs.
The full report including tables can be downloaded from the enclosed link: http://hugin.info/131387/R/1017881/159623.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 subsidiaries in London and Washington, DC. The subsidiary Fyrplus Teknik is based in Karlstad and has regional offices in Linkoping and the subsidiary Loqware is based in Gothenburg. 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/. Precise Biometrics AB (publ), corporate identity no. 556545-6596.