Precise BioMatch Mobile integrated in Xiaomi Mi 5

Precise Biometrics’ algorithm solution for fingerprint recognition in mobile
devices, Precise BioMatch™ Mobile, has through cooperation with Fingerprint
Cards (FPC) been integrated in Xiaomi Mi 5.
The integration will generate royalty revenue starting from the first quarter
2016. Royalty revenues are based on the number of sensors FPC delivers to the
mobile phone manufacturer and cannot be forecasted at this point.
”We are pleased that Xiaomi has chosen to integrate Precise BioMatch Mobile in
yet another of its flagship devices. Precise Biometrics fingerprint software is
now integrated in products from 30 smartphone vendors and has become the
preferred choice to ensure a superior user experience and secure identity
verification on mobile devices”, says Håkan Persson, CEO of Precise Biometrics.
Precise BioMatch Mobile (http://precisebiometrics.com/fingerprint
-technology/precise-biomatch-mobile/) is the industry leading algorithm solution
for convenient and secure fingerprint recognition on smartphones and tablets.
The unique and patented hybrid algorithm solution is optimized for small
fingerprint sensors and platforms with limited processing power and memory
space. Precise BioMatch Mobile offers fast, accurate, and secure verification of
user’s identity, creating a convenient user experience when unlocking mobile
devices or authenticating to services.
This press release contains information that Precise Biometrics is required to
disclose pursuant to the Swedish Financial Instruments Trading Act (1991:980).
The information was submitted for publication at 11.15 am CET on February 24,
2016.
FOR MORE INFORMATION, PLEASE CONTACT
Håkan Persson, CEO, Precise Biometrics AB
Tel. 46 46 31 11 05 or 46 734 35 11 05
E-mail hakan.persson@precisebiometrics.com
ABOUT PRECISE BIOMETRICS
Precise Biometrics is a market-leading provider of solutions that prove people's
identities through smart cards and fingerprint recognition. The company´s
products can be used for ID, enterprise and bank cards as well as access to
mobile solutions, computers and networks. Precise Biometrics serves business and
government organizations throughout the world and its products are licensed to
close to 160 million users. For more information, please visit
www.precisebiometrics.com