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Precise Biometrics receives order for a European smart ID card program
Mar-30-04
Precise Biometrics AB (publ), which develops and sells world leading and user-friendly biometric security solutions based on fingerprints, has received order in conjunction with the Defense Multipurpose Card project in Italy. The order is part of a contract for smart ID cards awarded to the company's partner Siemens.
Precise Biometrics will deliver combined fingerprint and smart card readers together with licenses for the company's technology for fingerprint matching on smart cards, Precise Match-on-Card(TM), for a smart ID card program. The smart ID cards, using the CardOS operating system and Public Key Infrastructure (PKI) developed by Siemens ICN EN SEC, will e.g. be used for securing desktop application with the Siemens Informatica developed product SecureAccess, in order to simplify access to the organization's networks. The choice of a system that both stores and matches a fingerprint directly on the smart card increases the security and protects the privacy in a wide deployment.
The ID card program aims at total deployment of several hundred thousand smart ID cards, with fingerprint as the selected authentication method of the cardholder. The deployment of the first smart cards with Precise Match-on-Card(TM) technology has started during the first quarter of 2004. The order value for this delivery of Precise 100 MC fingerprint readers is about MSEK 1 for Precise Biometrics.
"This is one of the first larger scale smart ID card programs with biometrics in Europe and we are proud to be a part of it together with our partners Siemens ICN EN SEC and Siemens Informatica," says Christer Bergman, CEO of Precise Biometrics.
The Precise Match-on-Card(TM) technology can also be used in the deployment of other large scale biometric programs like travel documents and national ID card projects. This area of use is considered to be one of the major drivers for both the smart card and biometrics industry.
Local distributor for Precise Biometrics is the company's Italian partner, Partner Data srl.
For further information, please contact:
Christer Bergman, President and CEO, Precise Biometrics AB
Phone: +46 730 35 67 26.
E-mail: christer.bergman@precisebiometrics.com
Precise Biometrics AB (publ) is an innovative security company that supplies world-leading systems for authentication using fingerprints. The solutions supplied by the company replace keys, PIN codes and passwords. The company's products are cost effective and provide security and comfort combined with top-class protection of personal integrity. The range of products includes systems for access control to buildings, computers and networks and for building into mobile and fixed terminals, such as mobile phones and portable computers. The company headquarters are in Lund, Sweden. The company also has offices in Stockholm and a U.S. subsidiary in Washington, D.C. Precise Biometrics is listed on the O-list of the Stockholm Stock Exchange (symbol: PREC A). For more information about Precise Biometrics, visit http://www.precisebiometrics.com
Precise Biometrics AB