About Precise Biometrics AB (publ)

Precise Biometrics AB (publ) develops and sells biometric authentication solutions for the verification of people’s digital identity and fingerprints in mobile phones and smart cards. The company offers various products, such as Precise YOUNiQ, Precise BioMatch Card, and Precise BioMatch Mobile. In addition, the company is active in various selected initiatives, such as cars and door locks. Precise YOUNiQ secures digital identity by combining different kinds of biometric data, such as face, fingerprint, iris and voice together with geographical information. The Precise BioMatch Card enables authentication and storage of the user’s fingerprint template in a chip on the card where the payment application is run, in the same way as PIN codes are processed at present, which provides the protection of the user’s identity. The company’s product that combines different biometric modalities is being marketed to companies in sectors, such as finance, betting, health care, and transport. The company’s fingerprint software is sold to sensor manufacturers, security companies, and systems integrators. The company’s revenues are based on three sources, such as licensing revenues for the right to use the company’s technology, royalties per product sold using the company’s software and support. The company is leading the technological development of fingerprint software and is working above all to develop improved algorithm solutions for sensor technologies, such as optical or ultrasound sensors. The company’s development work also focuses on solutions for biometric payment cards, as well as Precise BioLive, the company’s software for anti-spoofing and liveness detection. Growth Strategy The company has identified three areas on which the company is focusing to create growth, such as digital identity, fingerprint software for smart cards, and fingerprint software for mobile phones. Patents As of December 31, 2018, the patent portfolio included 78 (75) registered patents in selected markets and 23 (21) patent applications within 28 (27) different patent families. Trade Marks The company’s trademarks include Precise YOUNiQ (applied for registration in the EU), Precise BioMatch Card (the trade mark is registered in the EU, the U.S., and China), Precise BioMatch Mobile (the trade mark is registered in the EU, the U.S., and China), and Precise BioMatch Embedded (the trade mark is registered in the EU, the U.S., and China). In addition, the company has registered various trade marks, such as Precise Biometrics (registered as both an image and word mark in various countries), Precise Match-on-Card (the trade mark is registered in the EU), and Precise BioLive (registered as a trade mark in the EU). History Precise Biometrics AB (publ) was co-founded in 1997 by Christer Fahraeus, Nils Benhard, and Marten Obrink.