Regulatory News:
Precise Biometrics’ (STO:PREC) product for fingerprint recognition in
mobile devices, Precise BioMatch Mobile, has through cooperation with
Fingerprint Cards (FPC) been integrated in smartphone from one of the
world’s largest mobile phone manufacturers. The integration will
generate license revenue starting from the third quarter 2015. The value
of license revenue is based on the number of sensors FPC delivers to the
mobile phone manufacturer and cannot be forecasted at this point.
”We are pleased to see that Precise BioMatch Mobile has been integrated
in this new model as well. We appreciate their continued trust in
Precise Biometrics’ fingerprint technology“, says Håkan Persson, CEO of
Precise Biometrics.
In a recent market analysis of fingerprint biometrics for mobile
devices, Frost & Sullivan praised Precise BioMatch Mobile for providing
superior fingerprint authentication for smartphones and tablets. As a
result, Precise Biometrics was awarded (http://precisebiometrics.com/news/2015/04/frost-sullivan-awards-leader-in-fingerprint-biometrics/)
the “2015 Global Frost & Sullivan Award for Customer Value Leadership in
fingerprint biometrics for mobile devices”. In 2014, Precise BioMatch
Mobile was integrated in the world’s first (http://precisebiometrics.com/case/bio-match-mobile-huawei/)
Android smartphone with a touch fingerprint sensor. Precise BioMatch
Mobile provides easy integration of fingerprint matching functionality
for smartphones and tablets, and is optimized for small touch sensors in
mobile environments through a unique patented hybrid algorithm. The
software offers fast, accurate, and secure verification of the user’s
identity, creating a convenient user experience for consumers when
unlocking their mobile device or authenticating to services, while
delivering enhanced security.
ABOUT PRECISE BIOMETRICS
Precise Biometrics is a market-leading provider of solutions that prove
people's identities through smart cards and fingerprint recognition. The
company´s products can be used for ID, enterprise and bank cards as well
as access to mobile solutions, computers and networks. Precise
Biometrics serves business and government organizations throughout the
world and its products are licensed to close to 160 million users. For
more information, please visit www.precisebiometrics.com
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