SOURCE: Precise Biometrics AB

November 27, 2008 03:13 ET

Precise Biometrics Receives Follow-up Order from Swisscom, at a Value of Over USD 300,000 (SEK 2.4 Million)

LUND, SWEDEN--(Marketwire - November 27, 2008) -


Precise Biometrics has received an order from Swisscom worth SEK 2.4 million, which will be invoiced before the end of the year. The order is a follow-up order and comprises both keyboards with fingerprint sensors and licenses of Precise BioMatch™.

Swisscom has been using the biometric solution since 2006 and has several thousands of users already deployed. The software solution is based on Precise BioMatch™ and utilizes Precise BioKeyboard™ as well as laptop-integrated fingerprint sensors. The current order is being delivered and invoiced during the fourth quarter.

Swisscom is Switzerland's leading telecom company with a total of around 19,000 employees.

The use of biometrics offers Swisscom's employees efficient and secure logon to desktops, networks and applications. Replacing passwords with fingerprint technology not only simplifies everyday life for the user, it also reduces costs and IT security risks for the company.

Precise Biometrics' CEO, Thomas Marschall, is satisfied that a number of customer projects results in follow-up orders.

"It is most pleasing that we now have several significant customers that endorse our solutions and continuously expand their biometric deployments. We see this progress with customers in the government sector, but also in industries such as bank, insurance and telecommunications. Swisscom is one of the best examples of our successful partnerships with end-customers", says Thomas Marschall.

Precise Biometrics AB is an innovative company offering 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. Our core product Precise BioMatch™ integrates into ID and bank card programs and secure chips, as well as systems for access control to buildings, computers and networks. We act on a global market and our technology is licensed to more than 80 million users all over the world. The Precise Biometrics group has subsidiaries in Sweden (with group headquarters in Lund), Great Britain, Hong Kong and USA, and a joint venture agreement in China. Precise Biometrics is listed on the small cap list at the Nordic Exchange in Sweden (symbol:PREC). For more information, please visit http://www.precisebiometrics.com/

This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.

Copyright © Hugin AS 2008. All rights reserved.

http://hugin.info/131387/R/1273408/282875.pdf

Contact Information


  • For further information, please contact
    Thomas Marschall
    President & CEO
    Precise Biometrics AB.
    Telephone +46 46 31 11 10
    or +46 734 35 11 10
    E-mail Email Contact