Sweden's Precise Biometrics has revealed that its product for fingerprint recognition in mobile devices, Precise BioMatch Mobile, has through cooperation with Fingerprint Cards (FPC) been integrated in three new smartphones from a Chinese manufacturer.The integration will generate license revenue starting from the third quarter 2015. The value of license revenue is based on the number of sensors FPC delivers to the mobile phone manufacturer and cannot be forecasted at this point.”We welcome yet another user of Precise BioMatch Mobile. Biometric performance and user experience is dependent on high performance algorithm software. We are confident that they with Precise BioMatch Mobile have found an excellent solution for their new line of smartphone models”, says Håkan Persson, CEO of Precise Biometrics.Precise BioMatch Mobile provides integration of fingerprint matching functionality for smartphones and tablets, and is optimized for small touch sensors in mobile environments through a unique patented hybrid algorithm.Last week, Precise noted that consolidated net sales increased to SEK 10.0 million (US$1.17 million) in the second quarter of 2015, as opposed to 7 million SEK in the same period last year. Meanwhile, there was an overall fall in the group's loss for Q2 to SEK 7.9 million from 9.7 million.
Precise Biometrics software integrated in Chinese smartphones
