Precise Biometrics AB (STO:PREC) (publ), Corporate Identity No. 556545-6596

Precise Biometrics AB (STO:PREC) Interim report for January - September 2008

* The group's net sales for the interim period amounted to SEK 34.4 million (16.7), and for the third quarter to SEK 16.5 million (5.4).

* Net result for the interim period amounted to SEK -18.4 million (-25.5), and for the third quarter SEK 0.1 million (-7.4).

* Result per share for the period amounted to SEK -0.18 (-0.26), and for the third quarter SEK 0.00 (-0.07).

* Liquid assets at the end of the period amounted to SEK 7.5 million (37.3).

* Precise Biometrics was awarded an order for software upgrade and support to the US Department of State, at a value of SEK 4 million.

* Precise Biometrics was awarded an order for a Match-on-Card project, at a value of SEK 2.2 million. The order is a repeat order from an existing customer in the Middle East and part of a larger order comprising both hardware and Match-on-Card licenses.

Significant events after the quarter

* Frost & Sullivan, a well renowned analytics and market research company has awarded Precise Biometrics the "Global non-AFIS Fingerprint Emerging Company of the Year", which is a prestigious acknowledgement of Precise Match-on-Card(TM).

* Precise Biometrics has after the quarter ended obtained a credit facility of SEK 15 million, which can be utilized when needed.

This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.



LINK: http://hugin.info/131387/R/1262493/276860.pdf

Precise Biometrics AB

http://www.precisebiometrics.com/

ISIN: SE00018233303

Stock Identifier: XOME.PREC

US: PINKSHEETS:PBMTF