Precise Biometrics Announces Partnership Agreement with Giesecke & Devrient

Precise Biometrics Announces Partnership Agreement with Giesecke &
Devrient

Precise Biometrics announces that they have entered into a partnership
agreement with Giesecke & Devrient (G&D) that will provide Precise
Match-on-Card™ technology for use on G&D smart-cards. The agreement
enables the two companies to provide leading smart card and on-card
fingerprint comparison technology while quickly responding to customer
needs.

G&D, one of the world's leading providers of smart-card solutions, and
Match-on-Card industry leader Precise Biometrics have entered into a
partnership agreement which enables G&D to use Precise Match-on-Card
technology on its smart-cards. The card's chip contains the cardholder's
fingerprints, enabling them to be securely identified so their
information cannot be stolen or used by other individuals.
Precise Match‑on‑Card enables the fingerprint to be stored on the card
and securely matches the fingerprint directly on the card itself. This
biometric verification greatly reduces fraud as well as protects
personal data.

The Precise Biometrics solution has a track record of successful
implementations, with its Precise Match-on-Card which has been chosen
for six national ID projects including Nigeria, Portugal, Qatar,
Bahrain, Thailand, and Venezuela. It is also used on physical access
control credentials and employee ID cards in both the private and public
sectors.

Precise Biometrics' CEO Thomas Marschall said, “With its proven success,
Precise Match-on-Card continues to be a top choice for market leaders
such as G&D.” He continued, “Our partnership with G&D will enable both
companies to respond quickly to customer needs, while at the same time
offering those looking for on-card comparison an industry-leading
choice. We are confident that we together with G&D will win more
projects around the world where Match-on-Card has been specified as a
project requirement.”

G&D is a global market leader and pioneering innovator in banknote
production and processing, smart card solutions and services for
telecommunication and electronic payment, and security documents and
identification systems. With a headcount of more than 10,000 employees,
the Group generated sales of EUR 1.7 billion in 2010.

Point of contact:
Thomas Marschall, CEO and President, Precise Biometrics AB
Tel: +46 46 31 11 10 or +46 734 35 11 10
E-mail
thomas.marschall@precisebiometrics.com (thomas.marschall@precisebiometri
cs.com)