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Precise Biometrics Board/Management Information 2013

Sep 4, 2013

3189_rns_2013-09-04_7d051334-7b7c-40e7-9ef1-f554a074ae37.pdf

Board/Management Information

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Changes in Precise Biometrics Management Team

Precise Biometrics has made changes in its management team as a result of the earlier communicated changes in the US sales organization and in order to meet market demands.

The management group now consists of Thomas Marschall, CEO and President; Patrik Lindeberg, COO; Patrik Norberg, CFO and Anna Herdenberg, Corporate Counsel, who is new to the group.

Anna Herdenberg has been the company's Corporate Counsel since 2008.

Patrik Lindeberg who earlier had the role of CTO and Vice President, R&D has been given a new function. As Chief Operating Officer (COO) he will head the company's operative business. This means that sales, product development and marketing will all be headed by the same person, which in return gives advantages when it comes to prioritization, coordination and efficiency.

Former head of sales, André Smith Nielsen has left the company.

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 2:00 pm on September 4, 2013.

FOR FURTHER INFORMATION, PLEASE CONTACT

Thomas Marschall, President and CEO, Precise Biometrics AB Telephone; +46 46 31 11 10 or +46 734 35 11 10, E-mail; [email protected]

Patrik Norberg, CFO, Precise Biometrics AB Telephone; +46 46 31 11 47 or +46 734 35 11 47, E-mail; [email protected]

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.