Under terms of the US state pilot ID program, Precise Biometrics will supply licenses for the company’s technology for fingerprint matching on smart cards, Precise Match-on-Card(TM), for a total of 90,000 users. The orders also include a small number of combined fingerprint and smart card readers as well as technical development work.

Initial pilot programs will be deployed and run until the end of 2004. From that, the official solution for the state will be chosen and start during 2005. This rollout will assist several million users.

“We are proud to announce that our Precise Match-on-Card(TM) technology has been selected to this pilot program, the first large scale program of its kind, to our knowledge. This demonstrates that Precise Biometrics has a very competitive offering within fingerprint and smart card technology. The project is completely in line with our increased focus on licenses and customer-financed development projects,” said Christer Bergman, CEO of Precise Biometrics.

The Precise Match-on-Card(TM) fingerprint technology makes it possible to store and match fingerprints directly on a smart card. This means increased security while preserving privacy, as the user never needs to feel concerned that their fingerprint could be stolen or abused because it is never kept in a database beyond the individual’s control. Precise Match-on-Card(TM) is especially suitable for corporate ID cards, national ID cards and bank cards.

For further information, please contact:
Christer Bergman, President and CEO, Precise Biometrics AB
Phone: +46 730 35 67 26. E-mail:
christer.bergman@precisebiometrics.com

Precise Biometrics AB (publ) 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 buildings, 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/

SOURCE Precise Biometrics AB

Web Site: http://www.precisebiometrics.com