Last kr1.03 SEK
Change Today +0.05 / 5.10%
Volume 1.8M
PREC On Other Exchanges
As of 7:09 AM 09/19/14 All times are local (Market data is delayed by at least 15 minutes).

precise biometrics ab (PREC) Snapshot

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09/19/13 - kr3.84
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08/22/14 - kr0.74
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precise biometrics ab (PREC) Details

Precise Biometrics AB (publ) provides biometric solutions to enterprises and government worldwide. The company develops, markets, and sells solutions for fingerprint biometrics, which includes hardware, software, and services. The company operates in three segments: Mobile Smart Card Solutions, Fingerprint Technology, and Desktop & Physical Access Solutions. The Mobile Smart Card Solutions segment offers Tactivo - a range of smart cards and fingerprint readers for smartphones and tablets, as well as software for the development of apps for Tactivo. The Fingerprint Technology segment provides technology in the form of algorithms for matching of fingerprint recognition and software for integration in third-part hardware, such as mobile phones. The Desktop & Physical Access Solutions offers fingerprint and smart card readers; and development software for authentication at desktop computers, as well as physical access through fingerprint recognition to buildings. In addition, the company offers technical support services. It markets its solutions and products directly and through a network of partners, including smart card manufacturers, systems integrators and dealers, and developers of desktop and mobile solutions. The company was founded in 1997 and is headquartered in Lund, Sweden.

29 Employees
Last Reported Date: 07/16/14
Founded in 1997

precise biometrics ab (PREC) Top Compensated Officers

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precise biometrics ab (PREC) Key Developments

Precise Biometrics and Fingerprint Cards AB Launch Touch Finger Sensor Technology in Smartphones

Precise Biometrics revealed that Fingerprint Cards AB (FPC) has announced the introduction of a smartphone using the touch fingerprint sensor FPC1020. This fingerprint algorithm for FPC1020 has been co-developed by Precise Biometrics and FPC. FPC had licensed the Precise BioMatch Mobile algorithm from Precise Biometrics in 2013 and the companies have worked in close cooperation since then. Precise Biometrics is a supplier of solutions for fingerprint recognition that guarantee the identity of people.

Precise Biometrics AB Announces Executive Changes

Precise Biometrics AB has appointed Bo-Göran Jaxelius as CFO and member of its management team. The appointment comes as part of previously communicated changes to reach profitability during 2015. Rutger Petersson, R&D Director, is also promoted to the management team, which strengthens the company's commitment to technological leadership within fingerprint technology. Bo-Göran Jaxelius has 20 years of experience from leading roles as CEO, CFO and Director of Finance at Scalado AB, Deloitte, Zi Corporation and Decuma. Rutger Petersson has over 15 years of experience working in various technical positions at Precise Biometrics, Ericsson and Teleca Mobile. He has been working at Precise Biometrics since 2007, primarily with project and program management.

Precise Biometrics Announces Executive Resignations

Precise Biometrics announced that the company's CFO, Patrik Norberg, and the company's Corporate Counsel, Anna Herdenberg will leave the company.


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Valuation PREC Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 13.1x
Price/Book 2.8x
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TEV/Sales 10.7x

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