SOURCE: Precise Biometrics AB

March 26, 2008 04:02 ET

PRECISE BIOMETRICS RECEIVES ORDER FOR 50,000 MATCH-ON-CARD LICENSES FOR A MAJOR US POLICE DEPARTMENT

LUND, SWEDEN--(Marketwire - March 26, 2008) -


Precise Biometrics has been awarded an order to supply 50,000 licenses of Precise Match-on-Card™ for an employee ID card program to one of the largest Police Departments in the USA. The total project value for Precise Biometrics is expected to reach SEK 2-5 million.

Precise Biometrics supplies the well-proven and widely deployed Precise Match-on-Card™ technology to enable the Police Department to prove their employees' identities in a fast, secure and reliable way. The total project value is expected to reach at least SEK 2 million, comprising both Precise Match-on-Card™ software and fingerprint readers. The project will run during 2008 and 2009, and may result in additional hardware orders.

Often looked upon as a US leader in law enforcement technology, the department is now modernizing internal IT-programs. Through the introduction of an employee card with Precise Match-on-Card™ for Java cards, the Police Department will improve its security.

Precise Biometrics has for several years successfully supplied Match-on-Card to other prestigious US customers, such as the Department of State, NASA and FAA (Federal Aviation Administration).

Precise Biometrics' CEO Thomas Marschall sees this most recent win in the US as a positive step towards achieving the company's vision. "Supplying our technology to one of the largest US Police Departments confirms our position as the market leader within the Match-on-Card field. It proves the true value of our technology as it reduces costly password administration and makes everyday life easier for the user. Large organizations see great advantages with our Match-on-Card as its flexibility offers freedom of choice when it comes to smart cards, applications and hardware. This flexibility adds value not only to large-scale national ID cards but also to employee ID and similar types of card programs. We trust we will see more of such projects in the near future ", says Thomas Marschall.

The solution is delivered through a cooperation of partners, of which one is a leading system integrator to federal, state and local government in North America. The project includes a mix of software and hardware deliverables from Precise Biometrics. The first hardware orders for Precise 200 MC and Precise 250 MC fingerprint readers as well as the 50,000 Precise Match-on-Card™ licenses have been delivered.

Precise Biometrics has more than 12 millon deployed card licenses and close to 80 million contracted licenses for its Match-on-Card technology.


For further information, please contact
Thomas Marschall, President & CEO, Precise Biometrics AB.
Telephone +46 46 31 11 00
E-mail thomas.marschall@precisebiometrics.com

Karin Sveheim, Director Markets, Precise Biometrics AB.
Telephone +46 46 31 11 50
E-mail karin.sveheim@precisebiometrics.com

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 78 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/

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