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

Donnerstag, 27.11.2008 09:05 von Hugin

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(TM).

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(TM) and utilizes Precise BioKeyboard(TM) 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.

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 thomas.marschall@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(TM) 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/


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