SOURCE: Precise Biometrics AB

July 19, 2007 03:08 ET

Precise Biometrics AB (publ), Corporate Identity No 556545-6596: Interim report for the period January - June 2007

LUND, SWEDEN--(Marketwire - July 19, 2007) -


* The group's net sales for the interim period amounted to SEK 11.3 million (28.9) and for the second quarter SEK 5.4 million (7.9).

* The group's income for the interim period amounted to SEK - 18.1 million (-18.7) and for the second quarter SEK -8.8 million (-16.9).

* Earnings per share for the interim period amounted to SEK - 0.18 (-0.26) and for the second quarter SEK -0.09 (-0.23).

* Liquid assets at the end of the interim period amounted to SEK 53.6 million (23.0).

* Precise Biometrics won the procurement for the Portuguese national identity card. This is the first ID card order in Europe which is based on a Precise Match-on-Card solution and a total of 14 million licenses will be rolled out.

* Fyrplus Teknik AB is integrated more clearly into the Precise Biometrics group and changed name to Precise Biometrics Solutions AB. The subsidiary will act on the market under the common group image.

* The company increased its ownership share in the Chinese company Smart Unicorn Solutions from 30 to 38 per cent. The increase was implemented through a non-cash issue of 4 million shares in Precise Biometrics.

For further information

Thomas Marschall
President and CEO
Precise Biometrics AB
Tel. +46 (0)46 31 11 10
or +46 (0) 734 35 11 10
E-mail thomas.marschall@precisebiometrics.com
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 http://www.precisebiometrics.com/


The full report with tables can be downloaded from the following link:

Interim report for the period January - June 2007: http://hugin.info/131387/R/1140684/215410.pdf

Copyright © Hugin ASA 2007. All rights reserved.

Contact Information