Precise Biometrics Tactivo gets MFi approval from Apple
Precise Biometric’s fourth-generation Tactivo for iPad has been MFi-approved by Apple and is ready for launch.
According to the company, Tactivo for iPad 4th generation is the first mobile smart cars and fingerprints reader based on the new Lightning connector for idevices. Since launch, Precise has made quite a splash with its Tactivo product and has announced that an iteration for android is in the works. The Tactivo aims to improve authentication for government agencies and companies and supports both traditional smart cards, such as the US Government PIV and CAC cards, as well as payment chip cards.
“We are pleased to announced that Tactivo for iPad 4th Generation has been MFi approved by Apple and thereby is ready for global launch,” Thomas Marschall, President and CEO or Precise Biometrics said. “We already have pending orders from both old and new Tactivo customers.”
Reported previously in BiometricUpdate.com, Precise Biometrics recently published its 2012 Annual Report, which showed net sales for the group amounted to US$4.36 million (SEK 28.3 million) at year end, and profit amounted to US$-7.24 million (SEK -47.0 million) after tax. In the same report, it’s reported that sales of Tactivo didn’t meet expectations last year, partly due to the lead time required to prepare a solution for market.
The Tactivo reader has also recently scooped up FIPS 201 certification from the U.S. Government, and upon news of the certification, the company’s stock jumped as much as 12 percent.
Showing a strong start to 2013, the company has boasted some impressive sales statistics for the period ending March 31, 2013, totaling US$2.53 million (SEK 16.8 million).