Precise Biometrics in SEK 2.3 million Middle East deal

Published 27 May 2008

Precise strengthens its already-strong position in Middle Eastern biometric markets by signing a contract to supply its200 MC combined fingerprint and smart card readers to an unnamed government

Lund, Sweden-based Precise Biometrics has won an order for hardware in a Match-on-Card project valued at SEK 2.3 million. The deal is part of a larger order comprising both hardware and Precise Match-on-Card licenses. The order, which Precise has confirmed comes from an existing customer in the Middle East, is for Precise 200 MC combined fingerprint and smart card readers that will be used in a government ID card project together with Precise Match-on-Card technology. Precise says the government has been one of its customers since 2004, when the company delivered the first order of combined fingerprint and smart card readers at a value of SEK 2.8 million.

The solution is being provided in conjunction with two partners — a global system integrator and a local solution provider. Precise says the fingerprint readers will be delivered during the second and third quarter of this year. The company says it already holds a strong position in the Middle East as the company, being the only supplier of two Match-on-Card-based ID card programs in the region, delivers fingerprint recognition solutions to the national ID cards in both Bahrain and Qatar. “As we have defined government ID cards as an important Match-on-Card segment, I am satisfied that we have yet another order to prove the strategic value of our choice. We are further strengthening our position in the Middle East and this should give us advantages at upcoming procurements in the region” says Thomas Marschall, CEO of Precise Biometrics.