Precise Biometrics — Regulatory Filings 2014

Oct 29, 2014

Precise BioMatch Mobile™ in new smartphone

On October 29th, 2014, Fingerprint Cards (FPC) announced that the first smartphone using the touch fingerprint sensor FPC1021 have been launched by Oppo. Precise Biometrics has delivered the fingerprint algorithm, Precise BioMatch Mobile™ that is used with FPC1021.

"The demand for fingerprint algorithms for small sensors in mobile devices continues to increase. The fact that a leading Chinese smartphone vendor has chosen a solution with our technology is yet another proof that we are world leading within this area," says Håkan Persson, CEO of Precise Biometrics.

Precise BioMatch Mobile provides integration of fingerprint matching functionality into smartphones or tablets and is optimized for small sensors in mobile environments through a unique hybrid algorithm. The algorithm has achieved excellent test results in NIST Ongoing MINEX and MINEX II and has been supplied to over 100 million users worldwide.

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 16.30 on October 29, 2014.

FOR FURTHER INFORMATION, PLEASE CONTACT

Håkan Persson, CEO, Precise Biometrics AB

Telephone; +46 46 31 11 05 or +46 734 35 11 05, E-mail; hakan.persson@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, computers and networks. Precise Biometrics serves business and government organizations throughout the world and its technology is licensed to close to 160 million users.