Ahead of the Annual General Meeting in Precise Biometrics AB

Ahead of the Annual General Meeting in Precise Biometrics AB

The Annual General Meeting will be held at 4 p.m. on Wednesday April 27,
2011, at Precise Biometrics premises, Scheelevägen 30 in Lund, Sweden.

An agenda containing the matters that are proposed to be brought before
the Meeting is included in the official notice to attend the Meeting,
which is appended this press release and which will be published on
March 30, 2011 in Post- och Inrikes Tidningar and at Precise Biometrics
web page.  A notice that such advertisement has been made will be
published in Svenska Dagbladet on March 30, 2011.

As will be seen from the notice, inter alia the following proposals are
submitted regarding matters at the Meeting:

  · The Meeting is proposed to approve the resolution of the decision of
the Board to a new share issue with preferential rights for the
shareholders.

  · The Meeting is proposed to approve the proposal for an incentive
program to management and key-employees by the issue of warrants.

  · The Board proposes that the Meeting resolves on guidelines for
remuneration to management in accordance with the Board's proposal,
which main terms are set out in the notice.

  · The Nomination Committee proposes, as regards the board, re-election
of Marc Chatel, Torbjorn Clementz, Eva Maria Matell, Lisa Thorsted and
Lena Widin Klasén, with Lisa Thorsted as the Chairman.

  · The Meeting is proposed to approve the resolution of the Board to
resolve upon an increase of the share capital, with deviation from the
shareholders' preferential rights, with a maximum of SEK 5, 4 million by
issuing a maximum of 13, 5 million shares, which at full exercise is
equivalent to a dilution of 10 %. The purpose of the authorisation and
the reason for the deviation from the shareholders' preferential rights
is to enable the company to effect payment of company acquisitions by
the company's own shares and/or convertible bonds and to obtain capital
contributions from new owners that are strategically important.The
further terms and conditions are set forth in the notice.

  · As regards other proposals, please be referred to the appended
notice.

For more information
Patrik Norberg, CFO
Precise Biometrics AB Tel: 46 46 31 11 47 or 46 734 35 11 47
E-mail: patrik.norberg@precisebiometrics.com