Changes to the text are found in the headline, in the preamble, as well as in the statement from CEO Thomas Marschall.
Precise Biometrics receives orders with a total value of SEK 9.9 million
Precise Biometrics has received orders for hardware with a total value of SEK 9.9 million. The orders are follow-up orders from an existing customer in the Middle East. The delivery of the orders is split between Q2 and Q3 2013. SEK 6.5 million of the orders was delivered in Q2.
The delivery consists of Precise Biometrics' 200-series readers, combined fingerprint and smart card readers that will be used in a current government ID card project together with the Precise Match-on-Card™ technology.
The government is an existing customer of Precise Biometrics since 2004, when the company delivered the first volume order of fingerprint readers. Since then, Precise Biometrics has supplied fingerprint readers on a regular basis.
Thomas Marschall, President and CEO of Precise Biometrics, says: "It is very satisfying to see that this customer is so pleased with our products that they keep returning. Although our primary focus is on our Mobile business unit and Tactivo, we still believe that we will continue to see sales developing within our IAM business unit. The IAM business, not only includes the fingerprint readers as in the orders from the customer in the Middle East, but also licenses and algorithms."
Precise Biometrics AB (publ) may be required to disclose the information provided herein pursuant to the Securities Markets Act. The information was submitted for publication at 11:30 am on July 8, 2013.
FOR FURTHER INFORMATION, PLEASE CONTACT
Thomas Marschall, President and CEO, Precise Biometrics AB
Telephone; +46 46 31 11 10 or +46 734 35 11 10, E-mail; email@example.com
Patrik Norberg, CFO, Precise Biometrics AB
Telephone; +46 46 31 11 47 or +46 734 35 11 47 , E-mail; firstname.lastname@example.org
Precise Biometrics is a market-leading provider of 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.
The technology adds value to ID, enterprise and bank cards as well as access to mobile solutions (smart phones and tablets), computers and networks. Precise Biometrics serves business and government organizations throughout the world and its technology is licensed to close to 160 million users.
For more information, please visit www.precisebiometrics.comand www.idApps.com (https://www.precisebiometrics.com/)