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 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.
YEAR-END REPORT FOR THE PERIOD JANUARY TO DECEMBER 2019
INTERIM REPORT FOR THE PERIOD JULY – SEPTEMBER 2019
Precise has signed a collaboration agreement with the leading biometric cryptography company Infinity Optics (“IO”), to develop secure identification software for fingerprint recognition based on so called true biometric hash technology. The technology enables identification without the need to store user’s reference image, minimizing the risks of identity fraud and data breaches.
In collaboration with the leading fingerprint sensor supplier Egis Technology (Egis), Precises’ software for fingerprint recognition in mobile devices – Precise BioMatch Mobile – has been deployed in a series of smartphones. The integration – in addition to the previous integration that was communicated on August 5th, 2019 – is expected to generate approximately 15 MSEK in revenue.