SOURCE: Precise Biometrics AB

April 11, 2007 06:29 ET


LUND, SWEDEN -- (MARKET WIRE) -- April 11, 2007 --

Correction of press release published today, at 10.57 (CET). The paragraph remenuration to the board has been adjusted.

Eva Maria Matell and Lena Widin Klasén have been proposed by the election committee as new board members in Precise Biometrics AB. The motivation for this proposal is that both women have experience from security issues, which is expected to reinforce Precise Biometrics' competence in the security industry.

Eva Maria Matell (born in 1958) is Sales and Marketing Director in XPonCard AB, which is part of the XPonCard Group listed on the Nordic Stock Exchange. XPonCard AB offers plastic card concepts - from manufacturing to administration - for secure payment, smart mobile solutions, enhanced quality and safe identification. Eva Maria Matell has been working in the company since 2001 and has during this time increased sales by 70 per cent and transformed a production oriented sales culture into a more service-oriented culture. Eva Maria Matell is a board member of XPonCard OY.

Lena Widin Klasén (born in 1960) is Technical Director and Manager of the Division of Sensor Technology at the Swedish Defence Research Agency, FOI. FOI is an assignment-based authority under the Ministry of Defence. The core activities are research, method and technology development, as well as studies for the use of defence and security. Lena Widin Klasén has worked with the development of intelligent monitoring cameras, which improve monitoring without infringing personal integrity. She has also previously worked at the Defence Materiel Administration and the National Laboratory of Forensic Science. Lena Widin Klasén is a board member of the Technical-Scientific Council, Swedish Inspectorate of Strategic Products (ISP) and member of the board of the Institute of Technology at Linköping University.

Remuneration to the board is proposed to remain unchanged per person in comparison with the previous year, i.e. the chairman receives SEK 210 thousand and the other board members receive SEK 105 thousand.

Christer Bergman, member of the board since 2005, and Göran Jansson, a member since 2003, have declined to be re-elected. The re-election of the board and chairman has otherwise been proposed.

The annual general meeting in Precise Biometrics AB will be held on April 24 at 16.00 at the Scandic Hotel Star, Glimmervägen 5 (Gastelyckans industrial estate) in Lund.

For further information, please contact
Lars Grönberg, Chairman of the Board, Precise Biometrics AB
Telephone +46 707 27 54 55

Precise Biometrics AB (publ.) is an innovative security company that supplies world-leading systems for fingerprint and smart card-based authentication. The company's solutions replace keys, PIN codes and passwords and enhance the integrity of ID cards and passports. With its Precise Match-on-Card™ technology, the company is a market leader within smart ID cards. The product line includes systems for access control to buildings, computers and networks and for integration into ID cards and passports. The Precise Biometrics group has subsidiaries in Sweden, Great Britain, USA and a joint venture agreement in China. The group headquarters are in Lund, Sweden. Precise Biometrics is listed on the small cap list at the Nordic Exchange in Sweden (symbol: PREC). For more information, please visit

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