Precise Biometrics Receives Order Worth Approx. USD 340,000 (SEK 2.2 Million)



Precise Biometrics has received an additional order for hardware
worth SEK 2.2 million in a Match-on-Card project. The order is a new
follow-up order from an existing customer in the Middle East and
comprises both hardware and Precise Match-on-Card(TM) licenses.

The delivery consists of the Precise 200 MC readers, a combined
fingerprint and smart card reader that will be used in a current
government ID card project together with the Precise
Match-on-Card(TM) technology.

The government customer will use the fingerprint readers in further
extending their ID card program.

Precise Match-on-Card(TM) is the process of storing and matching
fingerprint information on a smart card to establish the physical
presence of an individual. As the fingerprint information does not
leave the card, there is no need for a database and the cardholder's
integrity is preserved.

The government is an existing customer of Precise Biometrics since
2004, when the company delivered the first volume order of combined
fingerprint and smart card readers. Since then, Precise Biometrics
has supplied fingerprint readers on a regular basis. In May of this
year, a repeat order of SEK 2.3 million to the same customer was
communicated.

The solution is again provided together with two partners - a leading
global system integrator and a local solution provider. The
fingerprint readers from Precise Biometrics will be delivered during
the third quarter.

Precise Biometrics has previously won the national ID card programs
for both Qatar and Bahrain in the region. Thomas Marschall, CEO of
Precise Biometrics, states that repeat orders like this further
strengthens Precise Biometrics' position in the Middle East as a
reliable provider of biometric solutions.

- It is very satisfying to see that this customer is so pleased with
our products that they keep returning. And as I have stated earlier,
orders like this are of course valuable as they further strengthen
our position in a strategically important region by giving us
advantages in upcoming national ID card procurements.

For further information, please contact
Thomas Marschall, President & CEO, Precise Biometrics AB.
Telephone +46 46 31 11 10, or +46 734 35 11 10
E-mail thomas.marschall@precisebiometrics.com

Precise Biometrics AB is an innovative company offering solutions for
fingerprint recognition to prove people's identities. With
top-of-the-line expertise in fingerprint verification, Precise
Biometrics offers fast, accurate and secure authentication of a
person. Our core product Precise BioMatch(TM) integrates into ID and
bank card programs and secure chips, as well as systems for access
control to buildings, computers and networks. We act on a global
market and our technology is licensed to more than 78 million users
all over the world. The Precise Biometrics group has subsidiaries in
Sweden (with group headquarters in Lund), Great Britain, Hong Kong
and USA, and a joint venture agreement in China. Precise Biometrics
is listed on the small cap list at the Nordic Exchange in Sweden
(symbol:PREC). For more information, please visit
http://www.precisebiometrics.com/

Attachments

Press Release.pdf