Precise Biometrics Signs a Credit Facility of SEK 30 Million

Precise Biometrics Signs a Credit Facility of SEK 30 Million

Precise Biometrics is preparing market launch and production of substantial
volumes of their smart casing with fingerprint and smart card reader for smart
phones and tablet PCs in 2012 and onwards. To enable these growth plans Precise
Biometrics has established a credit facility of up to 30 MSEK.

The market for mobile devices has been Precise Biometrics’ main focus in 2011.
This has resulted in the successful development of a smart casing with
fingerprint and smart card reader for the most popular smartphone and tablet PC
platforms. The device and accessory apps enables secure, quick and easy
authentication in mobile environments. The company expects that a substantial
part of total revenue in 2012 will come from sales of the smart casing.

The Credit Facility lender is Antech Invest A/S.

Point of contact
Thomas Marschall, President and CEO, Precise Biometrics AB
Tel. 46 46 31 11 10 or 46 734 35 11 10
E-mail thomas.marschall@precisebiometrics.com
Patrik Norberg, CFO, Precise Biometrics AB
Tel. 46 46 31 11 47 or 46 734 35 11 47
E-mail patrik.norberg@precisebiometrics.com