Precise Biometrics AB - Pressemeldinger
  • The Group's net sales for the interim period amounted to SEK 28.9 million (28.5) and for the second quarter SEK 7.9 million (13.7).
  • The result for the interim period was SEK -18.7 million (-14.1) and for the second quarter SEK -16.9 million (-5.6).
  • Losses per share for the interim period were SEK -0.26 (-0.19) and for the second quarter -0.23 (-0.08).
  • Liquid capital at the close of the interim period was SEK 23.0 million (23.8).
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    Second quarter
    • The company received a significant order from Scandinavian Airlines (SAS). A biometric security control system and Precise Biometrics' fingerprint readers will be used at baggage check-in at domestic SAS flights in Sweden.
    • Precise Biometrics became a founding member of the American HSPD-12 Interoperability Consortium, initiated by SafeNet. The Consortium will act to ensure compliant solutions and education on the US Federal Government's HSPD-12 Directive.
    • The company launched a version of Precise Match-on-Card(TM) that complies with the ANSI 378 standard. This US standard provides an important condition when US authorities introduce smart card based ID cards.
    • The company, in cooperation with the partner Worldwide Trust, won a contract for passports with Precise Match-on-Card(TM) fingerprint biometrics for a European country.
     
    Significant events since the end of the quarter
    • Precise Biometrics entered into a business agreement with Oki Electric Co, Ltd, a leading Japanese supplier of electronic and computer technology products. The agreement means that Precise Biometrics' technology will be incorporated in one of OKI's new lines.
    • The Board has nominated Thomas Marschall to become the new President and CEO of the company after Christer Bergman, effective November 1 (see separate press release).
    For further information, please contact:
    Christer Bergman, President & CEO, Precise Biometrics AB.
    Telephone +1(0) 703 405 8255, or +46 (0) 730 35 67 26
    E-mail christer.bergman@precisebiometrics.com 
     
    Precise Biometrics AB (publ.) is an innovative security company that supplies world-leading systems for fingerprint and smart card-based authentication. The company's solutions replace keys, PIN codes and passwords and enhance the integrity of ID cards and passports. With its proprietary Precise Match-on-Card(TM) technology, the company is a market leader within smart ID cards. Through its subsidiary Fyrplus Teknik, Precise Biometrics can deliver complete biometrics solutions on the Scandinavian market based, for example on fingerprint, iris and facial recognition. The product line includes systems for access control to buildings, computers and networks and for integration into ID cards and passports. The group headquarters are in Lund, Sweden. It also has subsidiaries in London and Washington, DC. The subsidiary Fyrplus Teknik is based in Karlstad and the subsidiary Loqware is based in Gothenburg. Precise Biometrics is listed on the O-list of the Stockholm Stock Exchange (symbol: PREC A). For more information, please visit http://www.precisebiometrics.com/
     
    The full report including tables can be downloaded from the enclosed link:
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    Interim Report January - June 2006