Interim Report for the Period January – March 2012
- The group's net sales for the first quarter was SEK 4.7 million (3.6)
- The groups income for the quarter was SEK -9.8 million (-9.7)
- Earnings per share for the quarter amounted to SEK -0.05 (-0.07)
- Available cash at the end of the first quarter was SEK 7.0 million (11.6).
- Precise Biometrics has developed next generation of mobile security, Tactivo™, for smart devices: smart casings with smart card & fingerprint reader.
IMPORTANT EVENTS DURING THE QUARTER
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Precise Biometrics announced Thursby Software System's use of smart casing to provide secure browsing on mobile devices.
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Precise Biometrics announced strategic partnership with FedSolve, an American systems integrator and reseller.
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Precise Biometrics obtained a credit facility for a total up to SEK 30 million, which can be utilized when needed.