The agreement generates royalty revenues based on O-Film's sales of fingerprint identification modules with Precise BioMatch Mobile for one of their sensor partners.
"We are pleased that O-FILM has chosen our fingerprint software to provide the best user experience and security for their fingerprint modules. This agreement broadens our distribution channel and strengthens our position as the leader in fingerprint software" said Håkan Persson, CEO of Precise Biometrics.
Precise BioMatch Mobile (https://precisebiometrics.com/fingerprint-technology/precise-biomatch-mobile/) is the industry's leading algorithm solution for convenient and secure fingerprint recognition in smartphones and tablets. The unique and patented hybrid algorithm solution is optimized for small fingerprint sensors and platforms with limited processing power and memory. Precise BioMatch Mobile offers fast, accurate, and secure verification of user's identity, creating a convenient user experience when unlocking mobile devices or authenticating to services.
O-Film (http://www.o-film.com/en/index.html) is headquartered in Shenzhen, China. The company designs and manufactures high performing, cost effective electronic components for the consumer electronics and automotive markets. The company is a leading provider of fingerprint identification modules.