Precise Biometrics — Regulatory Filings 2015

Dec 29, 2015

Tactivo follow-up order from US Department of Defense

Precise Biometrics has won an order of Tactivo from the Defense Logistics Agency (DLA) within the US Department of Defense. The value of the order is 1.1 million SEK and will impact fourth quarter revenues 2015 and first quarter revenues 2016.

DLA continues to invest in their mobility solution that provides secure e-mail and browsing capabilities on iOS devices. The solution is based on the existing Common Access Card (CAC) infrastructure and adds to the overall usability of the long standing smart card system. The order, which has been placed through Precise Biometrics' partner TX Systems, includes Tactivo for iPhone devices.

"The interest in Tactivo is increasing within the US government. We are pleased to see that DLA continues to scale up their usage of Tactivo for convenient and secure mobile access to information systems and resources. The solution increases employee flexibility and efficiency, while ensuring a high level of security by utilizing two-factor authentication", says Håkan Persson, CEO of Precise Biometrics.

About Tactivo

Tactivo is a product line of mobile smart card readers for iOS and Android devices that provides convenient and secure access to restricted resources from mobile devices. Tactivo brings true mobility to organizations using smart cards, such as CAC and Personal Identity Verification (PIV). The smart card readers can be used with a wide range of applications that enable many different use cases, such as secure browsing, e-mail, document signing and more.

For more information about Tactivo, please visit; http://www.precisebiometrics.com/mobilesmart-card-readers

This press release contains information that Precise Biometrics is required to disclose pursuant to the Swedish Financial Instruments Trading Act (1991:980). The information was submitted for publication at 8.00 AM CET on December 29, 2015.

iPhone and iPad are trademarks of Apple Inc., registered in the U.S. and other countries. iPad Air and iPad mini are trademarks of Apple Inc.

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

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. Please visit precisebiometrics.com