Leading developer of solutions that trace key healthcare processes chooses
Precise Match-on-Card™ to trace patient ID and blood testing transmissions,
eliminating human ‘error’ in the process.
Precise Biometrics announces today that they have partnered with the Inpeco
Group for a 6-month contract, to deploy Precise Match-on-Card™ technology to the
Inpeco Group System. This will allow Inpeco Group to provide a unique link
between patient ID and the in-vitro automation process. The Match-on-Card
function would allow the patient ID to be verified at the point when the sample
is taken, which is when blood vials are labeled and registered in the database.

“We are responsible for developing ways to ensure medical acts are delivered in
the right way and that they are fully monitored,” stated Andrea Pedrazzini,
President of the Inpeco Group, which includes Inpeco TIH (Traceability In
Healthcare), engaged in performing the Inpeco Group’s R&D activities. “Precise
Biometrics’ Match-on-Card solution is a perfect product for our Group and
objectives. Its unique capabilities of combining smart cards and fingerprints
ensures that a patient’s data cannot be tampered with and that it’s fully
secured throughout the process, from when the blood is extracted through the
testing stage. We have an accurate account of the patient’s ID, associated with
the sample tube itself, and at the same time the patient’s privacy is
maintained.”

With Precise Match-on-Card the fingerprint template is both stored and matched
on the smart card chip. The biometrics serve as PIN and password replacement,
but the solution also makes use of the well-known secure environment of the chip
and eliminates the database, facilitating proof of identity and making the card
a truly personal token.

“Our partnership with Inpeco Group has tremendous growth potential and we’re
excited about this new venture. After a successful trial, we expect to grant
Inpeco 3-year exclusivity in the in-vitro testing automation market because we
clearly see the value and expertise they provide, their great care and
investment in R&D activities and their key role on the further development of
automated blood test systems”, said Precise Biometrics’ CEO, Thomas Marschall.

About Inpeco Group
The Inpeco Group is a multinational group of companies engaged in the business
of the design, development, manufacturing and sale of automation solutions in
the healthcare field. The Inpeco Group, through its subsidiary Inpeco TIH
(Traceability In Healthcare), designs and develops solutions for the full
traceability of some key processes in Healthcare so assuring that any medical
act is delivered in the right way and fully monitored. In order to achieve this
ambitious goal a unique and univocal identification of both patient and product
(e.g. sample tube, drug) is required, as well as the identification of the
operator performing the intervention. Inpeco Group offers solutions for
automating, controlling and tracing all actions performed on biological samples,
from collecting to storing or retrieval, to prevent errors in sample
identification and assuring a correct association patient to sample through the
entire sample lifecycle.

About Precise Biometrics
Founded in 1997, Precise Biometrics is an innovative company providing secure,
flexible, and cost-effective products to address the unique security
requirements of the government and enterprise markets worldwide. Precise
Biometrics’ technology has been deployed for national ID card programs by
several governments including Thailand, Portugal, and Nigeria. In 2002, the U.S
Department of Defense and the Department of State began using Precise
Biometrics’ technology, and today continues to save millions of dollars every
year on password administration. For more information, please visit
www.precisebiometrics.com.

Precise Biometrics AB (publ) may be required to disclose the information
provided herein pursuant to the Securities Markets Act. The information was
submitted for publication at 01:00 p.m. on October 11, 2012.
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
Precise Biometrics is a market leading supplier of solutions for fingerprint
recognition that guarantee the identity of people. With the highest level of
competence in fingerprint biometrics, Precise Biometrics offers fast, precise
and secure verification of a person's identity.
This technology can be used for ID, company and bank cards, and for access to
mobile solutions, computers and networks. Precise Biometrics delivers its
solutions to companies and government agencies all over the world, and the
Company's technology is licensed to almost 160 million users.

For further information go to www.precisebiometrics.com