Precise Biometrics Receives Order Worth Sek 4.3 Million

Precise Biometrics Receives Order Worth Sek 4.3 Million 

Precise Biometrics has received an order for hardware worth SEK 4.3 million in a
Match-on-Card project for government employees. The order is an additional
follow-up order from an existing customer in the Middle East.

The delivery consists of Precise 200 MC readers, combined fingerprint and smart
card readers that will be used in a current government ID card project together
with the Precise Match-on-Card™ technology. The government customer will use the
fingerprint readers in further extending their ID card program. 

Precise Match-on-Card™ 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 fingerprint readers. Since then,
Precise Biometrics has supplied fingerprint readers on a regular basis. 

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 2010. 

Precise Biometrics holds a strong position in the region being the supplier of
Match-on-Card for the national ID card programs in Qatar and Bahrain, as well as
for other government and enterprise customers. 

Precise Biometrics has more than 20 million deployed card licenses and close to
100 million contracted card licenses for its Match-on-Card technology today.

Thomas Marschall, CEO, Precise Biometrics AB
Tel: +46 46 31 11 10, +46 734 35 11 10
E-mail: thomas.marschall@precisebiometrics.com    


Precise Biometrics is a market-leading provider of products and solutions for
fingerprint recognition. The technology proves people's identities in a fast and
secure way, while it reduces costs related to password management, identity
theft and fraud.  

Precise Biometrics serves business and government organizations throughout the
world and its technology is licensed to close to 100 million users. Precise
Biometrics is listed on NASDAQ OMX Stockholm small cap list (PREC). 

For more information, please visit www.precisebiometrics.com