Precise Biometrics plans to re-structure the organization to enable improved customer service and increased focus on solutions that unite various biometric modalities. As part of this planned re-organization, the company will establish a new office in Shanghai during the first half of 2019 and intends to centralize operations in Sweden to the headquarter in Lund, closing the office in Karlstad.
Updated strategy in conjunction with today’s Capital Market’s lunch. Stefan K Persson will today on 12 October 2018 present Precise Biometrics’ revised strategy on a Capital Market’s lunch.
Precise Biometrics’ software for fingerprint recognition in mobile devices, Precise BioMatch Mobile has been deployed in Oppo R17, integrated in an optical under-display fingerprint sensor. The integration has been carried out in cooperation with Silead, one of the fingerprint sensor suppliers to Oppo R17. Precise Biometrics projects the integration will generate some royalty revenue from the third quarter of 2018, which will be based on actual sales of fingerprint sensors that utilize Precise BioMatch Mobile.
Precise Biometrics, a leader in fingerprint software and NXP® Semiconductors collaborate to integrate Precise BioMatch® Card in NXP’s contactless biometric smart cards. The cooperation is expected to generate revenues to Precise Biometrics starting Q2 2018.
At the Annual General Meeting (the “AGM”) of Precise Biometrics, which was held today on Wednesday May 16, Anna Almlöf, Torbjörn Clementz, Torgny Hellström, Matts Lilja, Mats Lindoff and Synnöve Trygg were re-elected Board members.
Precise Biometrics’ software for fingerprint recognition in mobile devices, Precise BioMatch™ Mobile is deployed in Huawei Honor 10, integrated in a Qualcomm® Fingerprint Sensor for Glass from Qualcomm Technologies, Inc., a subsidiary of Qualcomm Incorporated. Precise Biometrics projects the integration will generate royalty revenue from the second quarter of 2018 and will be based on actual sales of fingerprint sensors that utilize Precise BioMatch Mobile.