It is a firm requirement that every federal government employee be issued a smart card credential to be used for identification and access to federal buildings and networks. With the current migration from desktop computers to mobile devices, federal agencies are facing a new challenge: how to apply the same authentication requirements to mobile devices that employees are already required to use on their desktops. Tactivo solves this issue by providing a smart card reader and fingerprint sensor to the iPhone 4 and the iPhone 4S, and coming soon, the iPad.
The BYOD (Bring Your Own Device) trend is as valid in government workplaces as it is in commercial enterprises. With this trend comes an extensive demand for stronger security solutions. Tactivo provides a comprehensive solution to the challenges of authentication and security in an increasingly mobile world. Tactivo's fingerprint biometrics functionality elegantly combines increased end-user convenience and personalized security.
"We are excited to see these first orders and pilot projects get underway so widely within the U.S. Federal Government market. Our breakthrough solution will enable the migration to mobile devices while preserving the necessary security and authentication policies that are required by HSPD-12 (Homeland Security Presidential Directive). Because the mandate covers all federal employees, we expect other agencies will also consider deploying Tactivo after seeing the success of these first pilot programs" says Thomas Marschall, CEO of Precise Biometrics.
Precise Biometrics expects more pilot programs to commence soon, and upon successful completion, that Tactivo will be approved for use in these federal agencies for widespread deployment. Precise Biometrics anticipates receiving larger purchase orders upon successful completion of these pilot programs. The financial effects of these initial orders is expected to start in late Q3 and in Q4 of 2012, and to increase substantially in 2013 and beyond with continued and expanded deployments across agencies.
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 08:00 on August 7, 2012.
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; thomas.marschall@precisebiometrics.com
Etienne Veber, CCO, Precise Biometrics Inc.
Telephone; +1 312 493-8985 or +1 800 609-0578 (ext 104) , E-mail; etienne.veber@precisebiometrics.com
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, 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.com