Precise Biometrics has agreed with US mobile operator to adjust prices

In March this year Precise Biometrics received a larger order of the mobile
smart card reader Tactivo™ from one of largest mobile operators in US. During
the summer, Precise Biometrics adjusted the sales prices of Tactivo. The company
and the customer have now agreed on a retroactive price reduction.
The price reduction to the customer will have a negative impact on Precise
Biometrics’ sales for the fourth quarter of approximately SEK 2 million.

- We have lowered the price of Tactivo during the year as a result of ongoing
market analyzes and discussions with our partners. Our largest Tactivo customer
so far, has now also received their share of the price reduction. We continue to
see great potential for Tactivo on the US market. We receive positive signals
from customers and partners there, says Håkan Persson, acting President and CEO
of Precise Biometrics.

The potential in the government market in the US is related to new requirements
for identity verification at remote connectivity on mobile devices among
government employees and contractors to government agencies. However it is not
yet clear when the different area of the US government unit will implement these
requirements. Tactivo was the first mobile smart card reader to be certified for
use by the US government.

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 8.00 am on December 18, 2013.
Point of contact
Håkan Persson, President and CEO, Precise Biometrics AB
Tel. 46 46 31 11 05 or 46 734 35 11 05
E-mail hakan.persson@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