Precise BioMatch™ Mobile deployed in smartphone from South Korean vendor

Precise Biometrics’ algorithm solution for fingerprint recognition in mobile
devices, Precise BioMatch™ Mobile, has through cooperation Fingerprint Cards
been deployed in a smartphone from a South Korean vendor.
Precise Biometrics is currently projecting the integration will generate royalty
revenue starting from the fourth quarter of 2016. Royalty revenue is based on
actual sales of fingerprint sensors that utilize Precise BioMatch Mobile and
cannot be forecasted by Precise Biometrics at this point.

Precise BioMatch
Mobile (
-technology/precise-biomatch-mobile/) is the industry leading algorithm solution
for convenient and secure fingerprint recognition on smartphones and tablets.
The unique and patented hybrid algorithm solution is optimized for small
fingerprint sensors and platforms with limited processing power and memory
space. Precise BioMatch Mobile offers fast, accurate, and secure verification of
user’s identity, creating a convenient user experience when unlocking mobile
devices or authenticating to services.

This information is information that Precise Biometrics AB is obliged to make
public pursuant to the EU Market Abuse Regulation. The information was submitted
for publication, through the agency of the contact person set out below, at
12.00 CEST on October 14, 2016.
Håkan Persson, CEO, Precise Biometrics AB
Tel. 46 46 31 11 05 or 46 734 35 11 05
Precise Biometrics is a market leading supplier of solutions for convenient and
secure authentication of people’s identity. We develop and sell fingerprint
software and mobile smart card readers that provide the market’s best user
experience and security. Our solutions are used hundreds of millions of times
every day by people all over the world and are marketed together with strong
business partners. For more information, please visit