Precise Biometrics’ algorithm solution for fingerprint recognition in smart cards, Precise BioMatch Embedded, has through cooperation with Fingerprint Cards been integrated in MeReals biometric smart card V2 that was launched yesterday in connection with the opening of Pleinair Casino.
MeReals biometric smart card will initially be used by Pleinair Casino employees for access to private and privileged areas as well as to record time and attendance.
Precise Biometrics is currently projecting that the integration will generate royalty revenue starting from the second quarter of 2017. Royalty revenue is based on actual sales of fingerprint sensors that utilize Precise BioMatch Embedded and cannot be forecasted by Precise Biometrics at this point.
This information is information that Precise Biometrics AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out below, at 11.00 CEST on June 9, 2017.