IDENTOS acquires Precise Biometrics smartcard unit: Q&A with CEO Mike Cook

Last month, IDENTOS completed its acquisition of Precise Biometrics’ mobile smartcard solutions business, which includes the business operation involving smartcard readers under the Tactivo brand. The acquisition aligns with Precise Biometrics’ strategy to further increase its focus on its fingerprint technology business and free up resources for the development and sales of fingerprint technology. Precise Biometrics said the mobile smartcard solutions business will be reported separately as a divested business operation, with net sales of SEK 13.9 million (US$1.6 million)

Precise Biometrics divests mobile smartcard business to IDENTOS

Precise Biometrics has concluded an agreement with IDENTOS regarding the takeover of the company’s mobile smartcard solutions business area, which includes the business operation involving smartcard readers under the Tactivo brand. As a result, Precise Biometrics will further increase its focus on the fingerprint technology business area and free up resources for the development and sales of fingerprint technology. IDENTOS will take over all operations within the business area as of January 1, 2018, which includes the development of new

Precise Biometrics wins US Department of Defense contract

Precise Biometrics has won a contract from the Defense Logistics Agency (DLA) within the U.S. Department of Defense to implement the Tactivo smart card readers system for iPhone and iPad. The contract value is a minimum of $120,000 to a maximum of $3,100,000 over a base period of one year with another two optional years. The DLA plans to expand its user base of a mobility solution with Tactivo that provides secure e-mail and browsing capabilities on iPhone and iPad.

Precise Biometrics wins Tactivo order from the Defense Logistics Agency

Biometric technology firm Precise Biometrics has won an order of Tactivo mobile smart card readers from the Defense Logistics Agency (DLA) within the US Department of Defense. The value of the order is 975,000 SEK ($114,000 USD) and will impact first quarter revenues 2016 with the full amount. Tactivo is a line of mobile smart card readers for iOS and Android devices that provides convenient and secure access to restricted resources from mobile devices. The smart card readers can be

Tactivo order from US DoD for Precise Biometrics

Biometric technology firm Precise Biometrics has won an order of Tactivo mobile smart card readers from the Defense Logistics Agency (DLA) of the US Department of Defense (DoD). The value of the order is 1.1 million SEK ($131,000 USD) and will impact fourth quarter revenues 2015 and first quarter revenues 2016. The order, which has been placed through Precise Biometrics’ partner TX Systems, includes Tactivo for iPhone devices. Tactivo is a line of mobile smart card readers for iOS and

Precise Biometrics wins Frost & Sullivan leadership award

Precise Biometrics announced that it received the 2015 Global Fingerprint Biometrics for Mobile Devices Customer Value Leadership Award last week at the Frost & Sullivan Best Practices Award Ceremony in Seoul, South Korea. “As one of the pioneers in fingerprint technology, we are delighted to receive the Frost & Sullivan award for leadership in fingerprint biometrics for mobile devices,” said Simon Kang, Precise Biometrics’ local representative. In September 2014, Precise Biometrics partnered with Huawei to launch the world’s first Android

Precise Biometrics receives Tactivo order from US Navy

Precise Biometrics announced it has received an order valued at 1.1 million SEK (USD$134,000) for Tactivo and Tactivo Guardian Case from the US Navy. The order is expected to impact the company’s fourth quarter revenues with the full amount, Precise Biometrics. The US Navy is implementing a mobile solution that provides secure email and browsing capabilities on iOS devices. Based on the existing Common Access Card (CAC) infrastructure, the mobile solution provides greater overall usability to long standing smart card

Precise Biometrics lands Tactivo order from U.S. defense department

Precise Biometrics announced it has received an additional order for Tactivo smartcard readers from the Defense Logistics Agency (DLA) within the US Department of Defense. The move comes a few months after Precise Biometrics received an order of 1,200 Tactivo smartcard readers from the Defense Logistics Agency (DLA) within the US Department of Defense. The total value of the order is 920.000 SEK (USD$105,462), which will impact Precise Biometrics’ third quarter revenues 2015 with the full amount. DLA continues to

NHS Foundation Trust orders additional Precise Biometrics Tactivo smart card readers

Precise Biometrics has received an additional order for Tactivo smart card readers from an English National Health Service (NHS) Foundation Trust. The move comes a few months after the English NHS Foundation Trust’s previous order for an undisclosed number of Tactivo smart card readers. The order will impact Precise Biometrics’ third quarter revenues with 490,000SEK (USD$57,447). Delivered as part of an integrated solution provided by Precise Biometrics’ partner Isosec Ltd, Tactivo smart card readers are used for secure mobile access

Precise Biometrics to provide Tactivo smart card readers for NHS Foundation Trust

Precise Biometrics announced it has received an order for an undisclosed number of Tactivo smart card readers from an English National Health Service (NHS) Foundation Trust. Delivered as part of an integrated solution provided by Precise Biometrics´ partner Isosec Ltd, Tactivo smart card readers will be used for secure mobile access to the Trust’s healthcare systems. Precise said the order will impact its second quarter revenues with 380,000SEK. The Trust selected Tactivo smart card readers to enable fast and secure