Temporary Space chooses Precise YOUNiQ for facility access

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.

Postal voting for Precise Biometrics’ Annual General Meeting on 15 May 2020

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 extends licensee agreement with Egis Technology

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.

Precise in agreement with Exeger for facility access

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.

Precise enters partnership with Innovatrics

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.