Precise Biometrics AB (publ), Corporate Identity No 556545-6596 Interim report for the period January - June 2008

* Reuters is not responsible for the content in this press release.

Tue Jul 22, 2008 3:26am EDT 

  LUND, SWEDEN, Jul 22 (MARKET WIRE) -- 

Precise Biometrics AB (publ), Corporate Identity No 556545-6596 Interim
report for the period January - June 2008

    * The group's net sales for the interim period amounted to  SEK 17.9
million (11.3) and for the second quarter SEK 8.9 million  (5.4).

    * The group's income for the interim period amounted to SEK  -18.4
million (-18.1) and for the second quarter SEK -7.7 million  (-8.8).

    * Earnings per share for the interim period amounted to SEK  -0.18
(-0.18) and for the second quarter SEK -0.08 (-0.09).

    * Liquid assets at the end of the interim period amounted to  SEK 15.7
million (53.6).

    * Precise Biometrics received a hardware order worth SEK 2.3  million in
a Match-on-Card project. The order is a follow-up order  from an
established customer in the Middle East and it is a part of  a larger
order that comprise both hardware and Match-on-Card  licenses.


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 46 31 11 47 or  +46 734 35 11 47
E-mail patrik.norberg@precisebiometrics.com

    
Precise Biometrics AB is an innovative company offering solutions for
fingerprint recognition to prove people's identities. With
top-of-the-line expertise in fingerprint verification, Precise Biometrics
offers fast, accurate and secure authentication of a person. Our core
product Precise BioMatch(TM) integrates into ID and bank card programs
and secure chips, as well as systems for access control to buildings,
computers and networks. We act on a global market and our technology is
licensed to more than 78 million users all over the world. The Precise
Biometrics group has subsidiaries in Sweden (with group headquarters in
Lund), Great Britain, Hong Kong and USA, and a joint venture agreement in
China. Precise Biometrics is listed on the small cap list at the Nordic
Exchange in Sweden (symbol:PREC). For more information, please visit
http://www.precisebiometrics.com/

    For the full report view the attached document

    Full interim report for the second quarter 2008:
http://hugin.info/131387/R/1237441/264431.pdf

    Copyright Copyright Hugin AS 2008. All rights reserved.

    



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