Precise Biometrics — Regulatory Filings 2019

Aug 5, 2019

Precises' fingerprint software deployed in a series of mobile devices – first integration with Asian partner Egis Technology

Precises' software for fingerprint recognition in mobile devices, Precise BioMatch® Mobile has been deployed in a series of devices, integrated in an optical under-display fingerprint sensor from the leading fingerprint sensor supplier Egis Technology (Egis). Following the licensee agreement with Egis, the integration is expected to generate approximately 10 MSEK in revenue during second half of 2019, in the form of royalties based on actual number of devices utilizing Precise BioMatch Mobile, together with a fee for licensing the software and for support and maintenance.

On the 9th of June 2019 Precise announced that the company had signed a license agreement with a leading fingerprint sensor supplier from Asia. Today the company announced that the partner is Egis Technology. The agreement enables the sensor supplier to include Precises' fingerprint software, Precise BioMatch Mobile, into their under-display sensor solutions for mobile devices.

"It's satisfying that our recently announced partnership in Asia already has resulted in an order-win. Through our newly established Shanghai office, we will continue to further expand our Asian footprint and strengthen our presence in local key markets", says Precise CEO Stefan K. Persson.

Related press releases:

· https://precisebiometrics.com/news/mfn\_news/precise-signs-license-agreement-with-a-leadingsensor-supplier

About Egis Technology

Egis Technology Inc. (Egis) specializes in the IC design, research and development, and the testing and sales of optical and capacitive fingerprint sensors. The combination of the company's IC's high resolution, small size, and low cost makes it the ideal choice for implementation. With close to two hundred patents worldwide, Egis is committed to providing solutions with more innovation, more foresight and simpler, intuitive user experience, creating superior value for customers.

About Precise BioMatch Mobile

Precise BioMatch Mobile is our fingerprint software for smartphones and tablets. The product provides the best user experience & security of fingerprint recognition in mobile devices and works with any type of sensor technology. Read more: https://precisebiometrics.com/products /smartphone-tablet/

Contacts

Stefan K Persson, CEO Telephone: +46 707 92 08 31 E-mail: stefan.k.persson@precisebiometrics.com

About Us

Precise Biometrics is a market leading supplier of solutions for convenient and secure verification of people's identity using biometrics. Our solutions are used hundreds of millions of times every day by people all over the world. For more information, please visit www.precisebiometrics.com

This information is information that Precise Biometrics is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 2019-08-05 18:55 CEST.

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Precises' fingerprint software deployed in a series of mobile devices – first integration with Asian partner Egis Technology