We develop and sell fingerprint software for convenient and secure authentication of people’s identity in mobil devices, smart cards and other products with fingerprint sensors. Our patented software provides the best user experience for products with small fingerprint sensors and limited processing power and memory, regardless of the sensor technology or operating system. The software is sold primarily to sensor manufacturers for integration into mobile devices and other products with fingerprint technology such as smart cards, cars, wearables and IoT.
We license our fingerprint recognition software to sensor manufacturers, security companies and suppliers of biometric solutions which generates royalties based on their sales. Our software is integrated into almost 200 mobile phones and tablets from over 40 manufacturers, 160 million national ID cards and is used hundreds of millions of times every day all over the world.
Our algorithm solutions are also marketed to companies in other industries for integration into products with small sensors and limited platforms, such as smart cards, wearables, cars and Internet of Things.
Our customers cover most of the market of fingerprint technology, and encompass several different sensor technologies and include companies such as Elan Microelectronics, Fingerprint cards, FocalTech, NXP, Elan Microelectronics, Samsung Electronics, Silead, Synaptics and Qualcomm. Together with our customers, we work in close collaboration to meet the demands from suppliers of products with fingerprint technology.
Precise Biometrics is headquartered in Lund, Sweden with a subsidiary in Potsdam, NY, USA. We operate through local sales representatives and a network of partners in the US, China, Taiwan, South Korea and Europe to secure a local presence in key markets. We have around 45 staff members, consultants included. We are listed on Nasdaq Stockholm. Our revenues in 2017 were SEK 61 million.
Research & Development
We boast one of the world’s most experienced R&D teams within fingerprint software that has 20 years’ experience of developing fingerprint software for small fingerprint sensors. Precise Biometrics has established a technological edge that is based on extensive experience of developing algorithm solutions for fingerprint recognition. We are continuously developing the functionality and performance of our technology for current and new product areas. The company’s portfolio of patents is extensive, designed to protect the company’s technology and products in selected markets.
Precise Biometrics is the leader in fingerprint software. Our software provides the best user experience for products with small sensors and platforms with limited processing power and memory, regardless of the sensor technology and operating system. Our technology leadership is based on 20 years’ experience of developing fingerprint software and is used every day by hundreds of millions of people. In 2014, our software enabled the launch of the first Android smartphone with a fingerprint touch sensor. Our competence and understanding of image processing, user experience and security are decisive in terms of enhancing the company’s technical leadership in fingerprint software.
Precise Biometrics was founded in 1997 with a vision to offer fingerprint technology for mobile phones and smart cards. In 2014, our software enabled the launch of the first Android smartphone with touch fingerprint technology. Precise Biometrics’ fingerprint software has been developed to provide optimal performance for products with small fingerprint sensors and limited platforms, such as smartphones and smart cards. We have been a pioneer in fingerprint technology ever since the start and continue to offer innovative solutions for convenient and secure identity authentication.