Precise
Biometrics
is listed on the O-list of the Stockholm Stock Exchange
(symbol: PREC A).
For further
information, please contact
Christer Bergman, President & CEO, Precise Biometrics AB.
culture hungarian
Several countries
around the world are planning to introduce national ID cards with
biometrics, and our success
with the Thailand project has proved that
our technology is stable and ready for a full-scale rollout
, and that
we can offer superior performance," concludes Christer Bergman,
President and CEO of
Precise Biometrics. The group headquarters are in Lund, Sweden. For more information, please
visit
http://www.
Smart Unicorn Group is an international investment and holding
company
with its head office in Shanghai, China. The investments of Smart Unicorn Group in IT and
telecommunications
are conducted through one of its business units
Smart Unicorn Solutions, where Precise Biometrics
will now be a
partner. An agreement has
been signed and the transaction will be finalized within
30 days.homepages southern
Therefore it feels quite natural that Precise Biometrics
would also deliver the remaining
number of licenses for the national
ID cards. The companies
intend through the transfer of technology
and joint development
work,
to integrate Precise Biometrics' biometry and encryption
technology
into mobile network synchronization and device management
solutions
for mobile phones, mobile
terminals and computers developed by
Smart
Unicorn Solutions, an ICT business
unit of Smart
Unicorn Group.
Precise Biometrics will own 30 % in Smart Unicorn Solutions and
will
contribute
with the transfer of technology and competence, as well
as
transferring Chinese patents to the
joint venture. There is a great demand for mobile phone security
on
the Chinese market and the
development of new mobile services will
make it possible to make, for example, safer payment transactions
via
mobile phones and mobile terminals.) is an innovative security company
that
supplies
world-leading systems for fingerprint and smart card-
based
authentication. The product line
includes systems for
access
control to buildings, computers and networks and for integration
into
ID cards and passports.southern provides
Precise Biometrics estimates that the expected revenue during
a three
-year period will generate about SEK 20 million. The Thailand
project in its entirety means that Precise
Biometrics, together with
Smart Card Systems International Co, Ltd (SSI), will be delivering
biometrics
for the national ID card to all of Thailand's 64 million
citizens. With
its proprietary Precise
Match-on-Card technology, the company is
a market leader within smart ID cards.precisebiometrics
.
The group headquarters are in Lund,
Sweden. For more
information,
please visit http:
//www.expatriates southern
The subsidiary
Fyrplus Teknik is based in Karlstad and has regional offices in
Linkping
and the subsidiary Loqware is based in Gothenburg. All rights reserved.PRESS RELEASE Precise Biometrics
establishes joint venture in China
This
technology uses biometrics as an access method and can
be licensed
as
a component for electronic locks for computers, telephones and
buildings.bergman@precisebiometrics
.related provides
PRESS RELEASE Precise Biometrics Receives Follow-Up Order In Thailand And During A Three-Year Period
The Project Is Expected To Be Worth About Sek 20 Million
The company has
corporate interests
throughout Asia in IT and telecommuni-cations,
the real estate sector and the food industry.
With
its proprietary Precise Match-on-Card technology, the company
is
a market leader within smart
ID cards.Hungarian-related homepages from Sweden
hungarian lund
Precise Biometrics AB (publ), a Swedish
company
that develops and
sells world-leading and user-friendly biometric security solutions
based on
fingerprints and smart cards, has received a follow-up order
from the Thai authorities concerning
biometrics for national ID
cards. We have calculated that this second phase of the
project is
worth about SEK 20 million in revenue during a three-year
period. The product line includes systems
for access
control to buildings, computers and networks and for integration into
ID cards and
passports.com/
Copyright Hugin ASA 2006.125 million shares (Prec A) and through the
addition
of SEK 12 million in available funds, which will be used
for
the operations of the joint venture
.com
Precise Biometrics AB (publ. Through its subsidiary
Fyrplus
Teknik, Precise Biometrics
can deliver complete biometrics
solutions
on the Scandinavian market based, for example on fingerprint
,
iris
and facial recognition.living from
In April 2005, Precise Biometrics received a breakthrough
order in
Thailand for licenses for 12 million national ID cards.com
Precise Biometrics AB
(publ. Precise Biometrics is listed on the O-list of
the
Stockholm Stock Exchange (symbol:
PREC A).culture southern
"In addition to the expectation of the revenue, the Thailand order is
of great
importance to us as a reference project.
Telephone +1(0) 703 405 8255, or +46 (0) 730 35 67 26
E
-mail christer. The company's solutions replace keys, PIN codes and
passwords and enhance the integrity
of ID cards and passports.
Precise Biometrics AB (publ), a
Swedish company that develops and
sells world-leading and user-
friendly biometric security solutions
based on fingerprints and
smart cards, has together with Smart
Unicorn Group entered into a joint venture in China. The Group
turnover
for
2005 was approximately SEK 800 million and the number of employees
is
about
1,200. Initially Precise Biometrics
will receive license revenue of SEK 7. There is also extensive
potential
in the opportunities Smart Unicorn Solutions sees in the
integration
of biometrics
in other parts of the information and communication
solutions the company has developed," says Christer
Bergman,
President and CEO of Precise Biometrics.
living forum
The follow-up order for the remaining
national ID cards has been
obtained in cooperation with Smart Card Systems International Co, Ltd
(SSI), the local integrator and service partner, in exactly the same
way as the breakthrough order
.
During the year the project has gone according to plan and Precise
Match-on-Card has fulfilled
the technical requirements and
expectations the Thai authorities have had for the biometric
solution
.
With the acquisition of Loqware Sweden AB in the summer of 2005
the
Precise Biometrics
group was provided with a portfolio of patents
based on the i-Loq technology that Loqware has developed
. Precise
Biometrics' share of the ownership will also be paid for through a
non-cash issue of
1. The company's solutions replace keys, PIN codes
and
passwords and enhance the integrity of
ID cards and passports.homepages expatriates
"The integration in the first phase of
the project has functioned very well
, and we are looking forward to
further cooperation with Precise Biometrics," says Dr Sangchai
Apichatthanapath
, CEO of SSI.
For further information, please contact
Christer Bergman, President & CEO
, Precise Biometrics AB.
It also has subsidiaries in London and Washington, DC. An important entrance
opportunity into the Chinese
market
was also acquired, which has now been followed up through
the
establishment of a joint venture in China.
Telephone +1(0) 703 405 8255, or +46 (0) 730 35
67 26
E-mail christer.com/
Copyright Hugin ASA 2006.forum provides
) is an innovative security company
that
supplies world-leading systems for fingerprint and smart card-based
authentication.7 million
.
"China is an enormously expansive and exciting marketplace and our
new partner will undoubtfully
give us additional market
opportunities.
It also has offices in London and a U.precisebiometrics
.society from
The company
has now received the follow-up order for the remaining licenses for
Thai national
ID cards. The revenue include licenses for Precise Match-on-Card
technology and licenses for fingerprint
readers, but we will also
receive revenue from maintenance services and sales of hardware,"
says
Christer Bergman, President and CEO of Precise Biometrics. Through its subsidiary Fyrplus
Teknik
, Precise Biometrics can deliver complete biometrics solutions
on the Scandinavian market based
, for example on fingerprint, iris
and facial recognition. Smart Unicorn Solutions has been operative
for five years
and has its head office and research center in Beijing. subsidiary in
Washington
,
DC. The subsidiary Fyrplus Teknik is based in Karlstad and
has
regional offices in Linkping
and the subsidiary Loqware is based
in
Gothenburg.sweden expatriates
bergman@precisebiometrics. The
company
has
today 32 employees and their customers include China's largest
telecom operators and mobile phone
manu-factures.society homepages
"We are naturally pleased that once again the
Thai authorities have entrusted us to
deliver biometrics for the
national ID cards. The execution of this
joint venture agreement also
means that Precise Biometrics obtains
a
new channel for the sales of its own products and those
of
Loqware.S. All rights reserved.lund culture
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