FindBiometrics
Global Identity Management
Precise Biometrics has released its results for the first quarter of 2020. The company achieved net sales of SEK 23.1 million (approximately $2.3 million USD) for the quarter, leading to an overall operating profit of SEK 148,000 (about $15,000 USD). Those numbers are considerably better than the 2019 figures for the same quarter, when Precise […]
Temporary Space will be deploying the YOUNiQ solution from Precise Biometrics to secure its portable rigs. As the name would suggest, the Nordic company provides customers with temporary work facilities, delivering module units that can be used for offices, education, healthcare, and other applications. The partnership with Precise will allow Temporary Space to enable biometric […]
Precise Biometrics is proceeding with plans to hold its Annual General Meeting on May 15th, but is asking shareholders to vote online or by mail. In a statement, the fingerprint biometrics specialist said that registered shareholders will be able to vote on AGM resolutions by downloading a form from the company’s website, and then either […]
“Precise Biometrics says its new agreement with Egis will see further royalties based on further integrations into mobile devices, along with licensing, support, and maintenance fees.” Precise Biometrics has reinforced its relationship with one of its most important partners, announcing that it has signed an extended licensing agreement with Egis Technology. It was in late […]
Precise Biometrics has issued its Annual Report for 2019, outlining what its CEO calls “an eventful year”. In the broadest financial terms, it appears to have been a good one. Net sales in 2019 amounted to about SEK 91.9 million, compared to sales of about SEK 67.6 million in 2018. The company’s gross profit for […]
Precise Biometrics will be providing biometric access control for Exeger. Exeger is a Swedish company that develops Powerfoyle printable solar cells, and will be deploying the Precise YOUNiQ platform to secure its offices and other facilities with facial recognition. The installment will make Exeger the first company to adopt YOUNiQ as a physical access control […]
The FindBiometrics Year in Review is a massive industry event, collecting the opinions of biometrics industry experts from a wide range of backgrounds. Each year our industry survey checks the industry pulse on the popularity of biometric modalities, the excitement around specific vertical markets, and attitudes toward critical industry issues like privacy, regulation and public […]
Precise Biometrics‘ upswing continues in its latest fiscal report. The update covers the biometric software specialist’s fiscal fourth quarter for 2019, and the full fiscal year. Net sales for the quarter came in at a little over SEK 38.8 million, compared to net sales of roughly SEK 13.9 million in Q4 of 2018. That’s an […]
Precise Biometrics has integrated facial recognition into its YOUNiQ access control platform through a new partnership with Innovatrics. The arrangement is part of Precise’s ongoing efforts to expand beyond fingerprint recognition and offer security solutions with full multimodal utility. To that end, Precise will pay Innovatrics an annual licensing fee to deploy its passive facial […]
“… the company explained that YOUNiQ now features passive liveness detection, meaning it can detect whether an authorized user is indeed physically present during a scan…” Precise Biometrics has added liveness detection to its YOUNiQ biometric platform, the company has announced. First announced earlier this year, the YOUNiQ platform represents Precise Biometrics’ expansion beyond the […]
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