Precises’ software for fingerprint recognition in mobile devices, Precise BioMatch® Mobile has been deployed in a series of devices, integrated in an optical under-display fingerprint sensor from the leading fingerprint sensor supplier Egis Technology (Egis).
Following the licensee agreement with Egis, the integration is expected to generate approximately 10 MSEK in revenue during second half of 2019, in the form of royalties based on actual number of devices utilizing Precise BioMatch Mobile, together with a fee for licensing the software and for support and maintenance.
On the 9th of June 2019 Precise announced that the company had signed a license agreement with a leading fingerprint sensor supplier from Asia. Today the company announced that the partner is Egis Technology. The agreement enables the sensor supplier to include Precises’ fingerprint software, Precise BioMatch Mobile, into their under-display sensor solutions for mobile devices.
“It’s satisfying that our recently announced partnership in Asia already has resulted in an order-win. Through our newly established Shanghai office, we will continue to further expand our Asian footprint and strengthen our presence in local key markets”, says Precise CEO Stefan K. Persson.
Source: Precise Biometrics