Precise Biometrics Delivers Match-on-Card for New National ID Card Program

Precise Biometrics has received an order of Precise Match-on-Card(TM)
licenses for the first phase of yet another national ID card program.
The project is related to an ID card program in a non-European
country. The total value for Precise Biometrics has the potential to
reach approximately USD 3 Million (SEK 24 Million) over a four-year
period, based on the current deployment plan.

The first phase of the project is invoiced during the fourth quarter.
The order value for this phase and information about the country can
for business reasons not be communicated at this point.

The project aims to equip all ID cards in the country with Precise
Match-on-Card(TM) for secure verification of the cardholder. This is
the fifth country to choose Precise Match-on-Card(TM).  Countries
that already use the technology are Thailand, Qatar, Bahrain and
Portugal.

Precise Match-on-Card(TM) is a technology that enables the process of
storing and matching fingerprint information on a smart card to
establish the presence of an individual. As the fingerprint
information does not leave the card, there is no need for a database
and the cardholder's integrity is preserved.

Thomas Marschall, Precise Biometrics' CEO is most pleased that
Precise Biometrics' technology soon is available in one more national
ID card."It is very satisfying that Match-on-Card is now starting to become a
standard functionality requirement in national ID card programs,
which is something we have been working for during many years. And it
is of course very pleasing that our technology continues to be the
technology of choice in projects where Match-on-Card is specified as
a requirement. This is evidence of our leading position as supplier
of Match-on-Card for national ID. We look forward to revealing more
information about the project when possible.", says Thomas Marschall

Precise Biometrics has approximately 20 million deployed card
licenses and over 80 million contracted licenses for its
Match-on-Card technology today.

For further information, please contact
Patrik Norberg, CFO, Precise Biometrics AB
Telefon 046 31 11 47 eller 0734 35 11 47
E-post patrik.norberg@precisebiometrics.com

Karin Sveheim, Director of Markets, Precise Biometrics AB
Telefon 046 31 11 50 eller 0730 35 67 50
E-post 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(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/