Precise has successfully integrated its product for access to facilities with Telcred Access Manager, a cloud-based access control system supporting open hardware from Axis Communications and other providers. Zynka Group, a leading provider of products for BIM (Building Information Management) and “Digital Twins” will deploy the solution at their headquarters in Gothenburg.
Precise has entered into an agreement with RCO Security AB – a leading security company that develops, manufactures and sells services and products within access and security systems – for the integration of Precise product for access to facilities with RCO’s access control system.
INTERIM REPORT FOR THE PERIOD JANUARY – JUNE 2020
At the Annual General Meeting (the “AGM”) of Precise Biometrics, which was held today on Friday May 15, Torbjörn Clementz, Torgny Hellström, Mats Lindoff, Åsa Schwarz and Synnöve Trygg were re-elected Board members.
INTERIM REPORT FOR THE PERIOD JANUARY – MARCH 2020
Precise has entered into an agreement with Temporary Space Nordics AB – a Nordic provider of temporary premises – for the installment of Precise YOUNiQ for facility access in 10 of Temporary Spaces rigs, portable module units used at various building sites. In accordance with the agreement, Precise will receive approximately 1,5 MSEK in revenues over a three-year span.
As a part of the effort to minimize the risk of spreading the coronavirus, the Board of Directors in Precise Biometrics has resolved that shareholders in Precise Biometrics shall be able to exercise their voting rights digital or by post before the AGM 2020. The intention of the Board of Directors’ resolution is to minimize the number of people gathered at the location of the general meeting. Precise Biometrics encourages all shareholders to, in the manner stated below, exercise the possibility to postal voting.
Precise today announced that it has signed an extended licensee agreement with the leading fingerprint sensor supplier, Egis Technology (“Egis”). Following the agreement, Precise is entitled to royalties based on actual number of devices utilizing Precise identification software for mobile devices, together with licensee fees and fees for support and maintenance. For 2020, the total revenues from Egis is expected to amount to approximately 60 MSEK.
Welcome to attend the Annual General Meeting (the “AGM”) of Precise Biometrics AB, Reg. No. 556545-6596, to be held at 2.00 p.m. on Friday May 15, 2020 at Mobile Heights, Mobilvägen 10 in Lund, Sweden. Registration for the meeting will start at 1.45 p.m.
The 2019 annual report of Precise Biometrics has today been published on the company’s website.