The integration will generate license revenue starting from the first quarter 2016. The value of license revenue is based on the number of sensors FPC delivers to the device manufacturer and cannot be forecasted at this point.
”We are pleased that this leading vendor has chosen to use Precise BioMatch Mobile in its first tablet with fingerprint technology. Precise Biometrics fingerprint software is now integrated in products from over 25 vendors and has become the preferred choice to ensure a superior user experience and secure identity verification on mobile devices”, says Håkan Persson, CEO of Precise Biometrics.
Precise BioMatch Mobile (http://precisebiometrics.com/fingerprint-technology/precise-biomatch-mob…) provides easy integration of fingerprint matching functionality for smartphones and tablets, and is optimized for small touch sensors in mobile environments through a unique patented hybrid algorithm. The software offers fast, accurate, and secure verification of the user’s identity, creating a convenient user experience for consumers when unlocking their mobile device or authenticating to services, while delivering enhanced security.
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 January 7, 2016.
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. For more information, please visit www.precisebiometrics.com
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Precise Biometrics AB
Håkan Persson, CEO
Tel. 46 46 31 11 05
46 734 35 11 05