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.
Precise has entered into an agreement with Exeger – a Swedish company that develops and produces Powerfoyle, novel printable solar cells for use in consumer electronics, smart homes and other applications – for the installment of Precise YOUNiQ for facility access in Exeger’s premises. Precise YOUNiQ integrates facial recognition with the door access system to conveniently and securely grant access for employees and visitors to offices and restricted facilities.
YEAR-END REPORT FOR THE PERIOD JANUARY TO DECEMBER 2019
Precise has entered into a partnership with Innovatrics, one of the leading biometric solutions providers in the world. Innovatrics will be the provider of face recognition technology to Precises products in the Digital Identity business area. The collaboration supports Precise ambition to deliver world-leading biometric identification software that makes people’s everyday lives easier.