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Precise Biometrics — Regulatory Filings 2014
Sep 5, 2014
3189_rns_2014-09-05_d451664f-6cc9-48db-8212-adafb4768c56.pdf
Regulatory Filings
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Precise Biometrics technology in tier one smartphone
On September 4th, 2014, Fingerprint Cards (FPC) announced the first launch of a smartphone using the touch fingerprint sensor FPC1020. The fingerprint algorithm for FPC1020 has been codeveloped between Precise Biometrics and FPC. The algorithm takes advantage of industry leading technology through Precise Biometrics fingerprint algorithm optimized for small sensors, Precise BioMatch Mobile™, as well as the image quality and associated software included in FPC1020.
"Last year, FPC licensed the Precise BioMatch Mobile algorithm from Precise Biometrics. Since then we have worked in close cooperation and the result of this is the best fingerprint sensor system performance in the entire mobile phone industry, says Jörgen Lantto, EVP, CTO and Head of Strategy & Product Management at FPC.
"We are driving innovation of fingerprint algorithms for small sensors in mobile environments. The cooperation with FPC brings together the best of two technologies, which provides synergies for future growth. This launch is an important milestone in our cooperation as well as our progress in the mobile market," 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 09.00 am on September 5, 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; [email protected]
Daniel Edlund, Corporate Marketing Manager, Precise Biometrics AB Telephone; +46 734 35 11 10, 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, computers and networks. Precise Biometrics serves business and government organizations throughout the world and its technology is licensed to close to 160 million users.