Precises’ software for fingerprint recognition in mobile devices, Precise BioMatch® Mobile has been deployed in a series of devices, integrated in an optical under-display fingerprint sensor from the leading fingerprint sensor supplier Egis Technology (Egis). Following the licensee agreement with Egis, the integration is expected to generate approximately 10 MSEK in revenue during second half of 2019, in the form of royalties based on actual number of devices utilizing Precise BioMatch Mobile, together with a fee for licensing the software and for support and maintenance.
On the 9th of June 2019 Precise announced that the company had signed a license agreement with a leading fingerprint sensor supplier from Asia. Today the company announced that the partner is Egis Technology. The agreement enables the sensor supplier to include Precises’ fingerprint software, Precise BioMatch Mobile, into their under-display sensor solutions for mobile devices.
“It’s satisfying that our recently announced partnership in Asia already has resulted in an order-win. Through our newly established Shanghai office, we will continue to further expand our Asian footprint and strengthen our presence in local key markets”, says Precise CEO Stefan K. Persson.
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About Egis Technology
Egis Technology Inc. (Egis) specializes in the IC design, research and development, and the testing and sales of optical and capacitive fingerprint sensors. The combination of the company’s IC’s high resolution, small size, and low cost makes it the ideal choice for implementation. With close to two hundred patents worldwide, Egis is committed to providing solutions with more innovation, more foresight and simpler, intuitive user experience, creating superior value for customers.
About Precise BioMatch Mobile
Precise BioMatch Mobile is our fingerprint software for smartphones and tablets. The product provides the best user experience & security of fingerprint recognition in mobile devices and works with any type of sensor technology. Read more: https://precisebiometrics.com/products/smartphone-tablet/