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53cur!ty 6109

Girma Nigusse

Precise Biometrics Receives Follow-Up Order In Thailand And During A Three-Year Period The Project Is Expected To Be Worth About Sek 20 Million

April 03, 2006

LUND, SWEDEN -- (MARKET WIRE) -- 04/03/2006 -- Precise Biometrics AB (publ), a Swedish company that develops and sells world-leading and user-friendly biometric security solutions based on fingerprints and smart cards, has received a follow-up order from the Thai authorities concerning biometrics for national ID cards. Precise Biometrics estimates that the expected revenue during a three-year period will generate about SEK 20 million. The Thailand project in its entirety means that Precise Biometrics, together with Smart Card Systems International Co, Ltd (SSI), will be delivering biometrics for the national ID card to all of Thailand's 64 million citizens.

Source: http://www.marketwire.com/

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