Precise Biometrics releases interim report to shareholders

According to Precise Biometrics’ recent interim report to shareholders, the firm had a number of major achievements over the past fiscal quarter:

• Precise Biometrics’ product for mobile security for smartphones and tablets, Tactivo was certified by Apple.

• The firm also kicked off its global launch of Tactivo for iPhone and iPad.

• Precise Biometrics also received its first order from one of the world’s largest automobile manufacturers.

• And Etienne Veber joined Precise Biometrics in the capacity of Chief Commercial Officer and Executive Vice President.

Precise Biometrics is a market-leading provider of solutions for fingerprint recognition to prove people’s identities. With top-of-the-line expertise in fingerprint verification, Precise Biometrics offers fast, accurate and secure authentication of a person.

The technology adds value to ID, enterprise and bankcards as well as access to mobile solutions, computers and networks. Precise Biometrics serves business and government organizations throughout the world and its technology is licensed to close to 160 million users.

As for future developments, Precise Biometrics is expecting mobile security to expand dramatically in 2012 with Tactivo playing a central role. President and CEO of Precise Biometrics, Thomas Marschall, said in the report that he expects the firm to perform well in the second half of the year based on a “successive increase in sales of existing products during the year, but primarily on the breakthrough of our new product Tactivo.” The company is working to qualify for listing on the Nasdaq OMX Mid Cap list in 2015.

Will a listing on the Nasdaq improve Precise Biometrics’ profile?

Article Topics

biometric cards  |  biometrics  |  fingerprint biometrics  |  identity proofing  |  mobile  |  security  |  smartphones