Precise Biometrics Receives USD 268,000 Order



Precise Biometrics has received an additional order for hardware
worth USD 268,000 (SEK 2.1 million) in a Match-on-Card project for
government employees. The order is a new follow-up order from an
existing customer in the Middle East and comprises both hardware and
Precise Match-on-Card(TM) licenses.

The delivery consists of Precise 200 MC readers, combined fingerprint
and smart card readers that will be used in a current government ID
card project together with the Precise Match-on-Card(TM) technology.
The government customer will use the fingerprint readers in further
extending their ID card program.

Precise Match-on-Card(TM) is the process of storing and matching
fingerprint information on a smart card to establish the physical
presence of an individual. As the fingerprint information does not
leave the card, there is no need for a database and the cardholder's
integrity is preserved.

The government is an existing customer of Precise Biometrics since
2004, when the company delivered the first volume order of
fingerprint readers. Since then, Precise Biometrics has supplied
fingerprint readers on a regular basis. In 2008, orders at a value of
SEK 5 million to the same customer were communicated.

The solution is again provided together with two partners - a leading
global system integrator and a local solution provider. The
fingerprint readers from Precise Biometrics will be delivered during
the second quarter.

Precise Biometrics holds a strong position in the region being the
supplier of Match-on-Card for the national ID card programs in Qatar
and Bahrain, as well as for other government and enterprise
customers. Thomas Marschall, CEO of Precise Biometrics, comments on
the order:

- The Middle East is a very active and interesting region for us.
There is a great potential for our products, which time and again is
proven by the repeat orders we receive.

Precise Biometrics has more than 20 million deployed card licenses
and close to 100 million contracted licenses for its Match-on-Card
technology today.


For further information, please contact
Thomas Marschall, CEO, Precise Biometrics AB
Tel: +46 46 31 11 10 or +46 734 35 11 10
E-mail thomas.marschall@precisebiometrics.com

Precise Biometrics is a market-leading provider of products and
solutions for fingerprint recognition. The technology proves people's
identities in a fast and secure way, while it reduces costs related
to password management, identity theft and fraud.

Precise Biometrics serves business and government organizations
throughout the world and its technology is licensed to more than 80
million users. Precise Biometrics is listed on the NASDAQ OMX
Stockholm small cap list (PREC).
For more information, please visit www.precisebiometrics.com or view
the Company presentation.

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Press Release - Precise Biometrics Receives USD 268000 Order.pdf
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