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Precise Biometrics launches open source initiative for cost-effective replacement of passwords with fingerprints


WEBWIRE

2006-03-02, Precise Biometrics AB (publ), which develops and sells world-leading and user-friendly biometric security solutions based on fingerprints and smart cards, is now launching Microsoft Windows XP® login as an open source code with support for Precise Match-on-Card(TM). On the web site launched today, www.matchoncard.com, the company gives users the opportunity to download the source code at no charge. The company is also introducing the product Precise 100 XS - the most cost-effective biometric fingerprint reader on the market.

To meet market demands for more customized and flexible biometrics solutions, Precise Biometrics has decided to launch an open source code solution for Microsoft Windows XP® login with Precise Match-on-Card(TM) technology. Since the company’s solutions already support standardized biometric readers, this means that the market for laptops with built-in fingerprint readers can now quickly be adopted as a widely deployed and secure solution based on biometrics and smart cards.
The company’s in-house developed technology, Precise Match-on-Card(TM) has become a global de-facto standard and Precise Biometrics the market leader for Match-on-Card technology. The national ID-card project in Thailand, where the company has to date supplied Precise Match-on-Card(TM) software for 12 million national ID-cards, was a breakthrough for this technology.

“Now that the source code is available as open source, it means that you can use, read and modify the software in line with your own preferences. The release of the source code is also part of our partnership strategy, because this gives our partners and customers the opportunity to adapt the software to their specific requirements,” says Christer Bergman, President and CEO of Precise Biometrics.

As Precise Biometrics announces the release of the open source code and launches a new web site for the purpose of further developing the “Match-on-Card” concept, the company is also introducing a fingerprint reader, Precise 100 XS - the most cost-effective biometric reader on the market.

“There has been a tremendous expansion of the market for biometrics and smart cards, and nowadays many laptops have built-in fingerprint readers. What is needed now is simple access to standardized security products for biometrics and smart cards for the cost-effective replacement of passwords. At the same time there must be cost-effective products for the large number of computers in which fingerprint readers are not installed. By launching Precise 100 XS we have made it possible to easily, quickly and above all cost-effectively, enhance the IT security of many companies, organizations and public authorities throughout the world,” says Christer Bergman.

Precise Biometrics AB (publ.) is an innovative security company that supplies world-leading systems for fingerprint and smart card-based authentication. The company’s solutions replace keys, PIN codes and passwords and enhance the integrity of ID cards and passports. With its proprietary Precise Match-on-Card(TM) technology, the company is a market leader within smart ID cards. Through its subsidiary Fyrplus Teknik, Precise Biometrics can deliver complete biometrics solutions on the Scandinavian market based, for example on fingerprint, iris and facial recognition. The product line includes systems for access control to buildings, computers and networks and for integration into ID cards and passports. The group headquarters are in Lund, Sweden. It also has subsidiaries in London and Washington, DC. The subsidiary Fyrplus Teknik is based in Karlstad and has regional offices in Linköping and the subsidiary Loqware is based in Gothenburg. Precise Biometrics is listed on the O-list of the Stockholm Stock Exchange (symbol: PREC A). For more information, please visit www.precisebiometrics.com



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