POSITIVE DEVELOPMENT FOR TACTIVO™ AND IMPORTANT ORDER FROM THE FINANCE SECTOR


PRECISE BIOMETRICS AB (PUBL), CORPORATE IDENTITY NO. 556545-6596
YEAR END REPORT FOR THE PERIOD JANUARY – DECEMBER 2012

  · The group’s net sales for the year was SEK 28.3 million (21.6) and for the
fourth quarter SEK 8.4 million (4.8).
  · The groups income for the year was SEK –47.0 million (-33.2) and for the
fourth quarter SEK -13.0 million (-9.2).
  · Earnings per share for the year amounted to SEK -0.23 (-0.20) and for the
fourth quarter SEK -0.05 (-0.05).
  · Available cash at the end of the year amounted to SEK 37.6 million (28.9).

IMPORTANT EVENTS DURING THE YEAR

  · Precise Biometrics product for mobile security for smart phones and tablets,
Tactivo™, was certified by Apple. Tactivo for iPhone and iPad launched globally.
  · Precise Biometrics has announced several Tactivo related partnerships during
the year (HID Global, Good Technology, Intercede and Sogeti). Precise Biometrics
can with each partner deliver secure mobile authentication to government and
businesses worldwide.
  · The company received its first Tactivo-order from one of the world’s largest
automobile manufacturers. Orders were also received from two leading mobile
software providers; Thursby Software Systems and an additional recognized
partner.
  · The company announced partnership with the Inpeco Group, developer of
solutions that trace key healthcare processes. Inpeco Group has chosen Precise
Match-on-Card™ technology to trace patient ID and blood testing transmissions,
eliminating human ‘error’ in the process.
  · Precise Biometrics’ rights issue, with preferential rights, was
oversubscribed.

IMPORTANT EVENTS AFTER THE END OF THE YEAR

  · Precise Biometrics has been chosen by a market-leading global provider of
financial information services. The US-based customer has chosen Precise
Biometrics as its new provider of fingerprint algorithms. The customer intends
to improve the performance of existing and forthcoming fingerprint enabled
devices by using Precise Biometrics' technology.
  · Tactivo is selected by OpenPeak to add security enhancements to mobile apps
with its Sector™ app wrapping technology.
  · The credit facility that was obtained in spring 2012 was re-paid in January
2013. Within the framework of the credit facility agreement, and through the end
of May 2013, the company can obtain order financing.


FOR FURTHER INFORMATION, PLEASE CONTACT

Thomas Marschall, President & CEO, Precise Biometrics AB.
Telephone +46 46 31 11 10, or +46 734 35 11 10 E-mail
thomas.marschall@precisebiometrics.com

Patrik Norberg, CFO, Precise Biometrics AB
Telephone +46 46 31 11 47, or +46 734 35 11 47 E-mail
patrik.norberg@precisebiometrics.com

Precise Biometrics is a market-leading provider of solutions for fingerprint
recognition to prove people's identities. With top-of-the-line expertise in
fingerprint verification, Precise Biometrics offers fast, accurate and secure
authentication of a person.
The technology adds value to ID, enterprise and bank cards as well as access to
mobile solutions (smart phones and tablets), computers and networks. Precise
Biometrics serves business and government organizations throughout the world and
its technology is licensed to close to 160 million users.

For more information, please visit www.precisebiometrics.com and
www.idApps.com (http://www.precisebiometrics.com).

Attachments

02050210.pdf
GlobeNewswire