March 15, 2017 -
Precise Biometrics’ Precise BioMatch Mobile has been deployed in a new smartphone from a Chinese vendor through cooperation with fingerprint sensor manufacturer Silead.
Precise BioMatch Mobile is an algorithm solution for fingerprint recognition in mobile devices. The patented hybrid algorithm solution is optimized for small fingerprint sensors and platforms with limited processing power and memory space.
The license agreement with Silead dates back to 2015 and generates royalty revenue based on sales of fingerprint sensors from Silead that includes Precise BioMatch Mobile. The company is projecting the integration will generate royalty revenue starting from the first quarter of 2017.
Just last month, and a week after its acquisition of NexID Biometrics, Precise Biometrics announced that it is integrating liveness detection capabilities into its fingerprint software.