Precise Biometrics and NXP Semiconductors Enter Partnership

Precise Biometrics and NXP Semiconductors Enter Partnership

Precise Biometrics and NXP announce that they have signed a partnership
agreement to enable NXP to include Precise Match-on-Card™ on their
smart-card chips. The partnership enables NXP to provide Precise
Biometrics' industry-leading on-card fingerprint comparison technology
on the chips used on smart identification cards.

NXP Semiconductors N.V. is a leading semiconductor company with about
30,000 employees working in more than 20 countries. Their contact and
contactless Smart Chips are sold in a variety of industries, including
national ID programs, government, IT, and security. NXP's partnership
with Precise Biometrics will allow the Precise Match-on-Card technology
to be used on NXP's Smart Chips. 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
reduces fraud, protects personal data and provides a strong
authentication of identity.

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

Precise Biometrics CEO Thomas Marschall said, “Precise Match-on-Card is
a superior and proven on-card comparison choice that supports the
commitment of NXP to its customers for technology they can rely on.” He
continued, “Our partnership with NXP will give customers a choice that
combines best-of-class offerings in both Smart Chips and on-card
comparison technology. We believe that NXP, together with Precise
Biometrics, will further their lead in offering customers the best, most
secure, solutions in Match-on-Card. We expect to see the first financial
results of this partnership late 2011 or in 2012.”

NXP is a leading semiconductor company. Their innovations are used in a
wide range of applications, as identification, wireless infrastructure,
lighting, industrial, mobile, consumer and computing applications. NXP
posted revenue of USD 4.4 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)