LUND, SWEDEN--(Marketwire - July 21, 2009) -
Precise Biometrics AB (publ), Corporate Identity No 556545-6596
Interim report for the period January - June 2009
* The group’s net sales for the interim period amounted to SEK 21.9 million (17.9) and for the second quarter SEK 9.7 million (8.9).
* The group’s income for the interim period amounted to SEK -11.6 million (-18.4) and for the second quarter SEK -9.0 million (-7.7).
* Earnings per share for the interim period amounted to SEK -0.11 (-0.18) and for the second quarter SEK -0.09 (-0.08).
* Liquid assets at the end of the interim period amounted to SEK 1.5 million (15.7). The company has used SEK 6.0 million of the SEK 15 million credit facility obtained in 2008. Additional SEK 5.0 million of the credit facility have been used as a guarantee in current hardware production.
* Together with Gemalto, the world largest smart card provider, Precise Biometrics introduced Gemalto .NET Bio in April. The product which is targeted towards corporations and organizations enables secure and efficient logon to computers and networks using Precise Match-on-Card™.
* Precise Biometrics received a follow-up order at a value of SEK 2.1 million from an existing government customer in the Middle East. The order comprises both hardware and software, which will be used in the further deployment of the government’s ID card program for employees.
Significant events after the quarter
* After the end of the period Precise Biometrics received a significant order at a value of approximately SEK 48 million from the US Government. The order comprises both hardware and software to several government agencies within the framework of Cyber Security. The order will be delivered and invoiced before the end of 2009.
For further information Thomas Marschall, President and CEO, Precise Biometrics AB Tel. +46 (0)46 31 11 10 or +46 (0) 734 35 11 10 E-mail thomas.marschall@precisebiometrics.com Patrik Norberg, CFO, Precise Biometrics AB Tel. +46 (0)46 31 11 47 or +46 (0) 734 35 11 47 E-mail patrik.norberg@precisebiometrics.com
Precise Biometrics is a market-leading provider of products and solutions for fingerprint recognition. The technology proves people’s identities in a fast and secure way, while it reduces costs related to password management, identity theft and fraud.
Precise Biometrics serves business and government organizations throughout the world and its technology is licensed to close to 100 million users. Precise Biometrics is listed on NASDAQ OMX Stockholm small cap list (PREC).
For more information, please visit www.precisebiometrics.com or view the Company presentation.
This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
Complete interim report Jan-June 2009: http://hugin.info/131387/R/1329901/314183.pdf
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