Precise Biometrics' Precise Match-on-Card(tm) Technology Compatible with Cherry's Fingertip ID Board Keyboard


LUND, Sweden, May 12, 2003 (PRIMEZONE) -- Precise Biometrics AB (publ) (Other OTC:PBMTF), developer and provider of world leading and user-friendly biometric security solutions based on fingerprints, and Cherry, one of the leading manufacturers of computer input devices, announced today that Cherry's Fingertip ID Board keyboard can now control access to computer systems by means of fingerprint recognition, through the use of Precise Match-on-Card(tm). The compatibility is made possible by Precise Biometrics' interoperable fingerprint technology, Precise BioMatch(tm), which works together with various security applications, smart cards and fingerprint readers.

The use of Precise Match-on-Card(tm) technology, i.e. storing and matching of fingerprints on smart cards, makes the Fingertip ID board, which is equipped with an integrated fingerprint sensor and a smart card reader, compatible with smart cards from all smart card vendors supporting Precise Match-on-Card(tm). To Precise Biometrics the compatibility means yet another sales channel for Precise Match-on-Card(tm) licenses and strengthens thereby the company's position on the biometrics market.

"This demonstrates the strength of our interoperable technology, which allows us to provide solutions that address user needs and are not limited by proprietary and implementation concerns," said Jonas Andersson, Director, Product Marketing at Precise Biometrics.

"Precise Match-on-Card(tm) for us is a perfect completion to our Fingertip ID Board series, which integrates biometric and smart card readers in just one device", said Uwe Harasko, Product Manager at Cherry.

Cherry's Fingertip ID board keyboard in combination with Precise Match-on-Card(tm), will be presented May 12-15 at the advanced card and ID solutions event CTST 2003 Conference and Exhibition in Orlando, USA. The solution will be demonstrated in both Cherry's booth No. 864, and in Precise Biometrics' booth No. 1349.

The compatibility between Precise Match-on-Card(tm) and Cherry's Fingertip ID Board is made possible through the use of Precise Biometrics' interoperable fingerprint technology, Precise BioMatch(tm), which works together with various security applications, smart cards and fingerprint readers. Precise BioMatch(tm) is Precise Biometrics' matching algorithm optimized for secure one-to-one fingerprint matching on which all the company's products are based on.


 For more information, please contact:
 Gunilla Savring, Director, Corporate and Marketing Communication
 Precise Biometrics
 Phone: +46 46 31 11 14
 E-mail: gunilla.savring@precisebiometrics.com

 Uwe Harasko, Product Manager
 Cherry
 Phone: +49 9643/2028
 E-mail: uwe.harasko@cherry.de

Precise Biometrics AB is an innovative security company that supplies world-leading systems for authentication using fingerprints. The solutions supplied by the company replace keys, PIN codes and passwords. The company's products are cost effective and provide security and comfort combined with top-class protection of personal integrity. The range of products includes systems for access control to computers and networks and for building into mobile and terminals, such as mobile phones and portable computers. The company headquarters are in Lund, Sweden. The company also has offices in Stockholm and a U.S. subsidiary in Washington, D.C. Precise Biometrics is listed on the O-list of the Stockholm Stock Exchange (symbol: PREC A). For more information about Precise Biometrics, visit http://www.precisebiometrics.com/

Cherry

Worldwide Cherry GmbH is one of the leading suppliers in the high-tech sector. Keyboards, electronic modules and assemblies made by Cherry ensure more safety, ease of operation and reliability for data input systems, electronic assemblies in household appliances, industrial applications or the automotive sector. Cherry offers keyboards to read health insurance cards, customer cards, credit cards, EC cards, electronic cash cards and electronic signatures for home banking and other smart card applications. Security keyboards made by Cherry have made an excellent name for themselves on the market. They have integrated fingerprint sensors and smart card readers for security applications such as digital signatures in accordance with the signature law, access control, computers and networks and secure home banking using smart cards, data encoding and secure payment procedures in the internet and PKI infrastructures.