Major Interest in Precise Biometrics’ New Products for Mobile Market – Interim Report Jan-Mar

Precise Biometrics AB (Publ), Corporate Identity No. 556545-6596
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

  • Precise Biometrics announced Thursby Software System's use of smart casing to provide secure browsing on mobile devices.

  • Precise Biometrics announced strategic partnership with FedSolve, an American systems integrator and reseller.

  • Precise Biometrics obtained a credit facility for a total up to SEK 30 million, which can be utilized when needed.