“We are pleased to receive this additional integration which is a recognition of the quality of our leading fingerprint software and that our strategic direction of increasing our presence in Asia is showing results. We continue to work hard to offer world leading biometric solutions and improve the quality of our products, whether it’s software for mobile devices and smart cards or solutions for verification of digital identity”, says Precise CEO Stefan K. Persson.
Total revenue from today’s announced integration is expected to amount to approximately 15 MSEK 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.
Source: Precise Biometrics