Annual Report 2010
- Home
- CEO comments
- Important events during the year
- This is Precise Biometrics
- Summary of 2010
- Research and development
- Business areas
- Customers
- Employees
- Sustainability
- The share and shareholders
- Risks
- Five-year review
- Key ratios
- Administration & Corporate Governance report
- Financial reports
- Assurance
- Audit report
- Board of Directors
- Management
- Auditors
- FInancial glossary
- Shareholder information
- Contact
Research and development
Product Portfolio and Solutions
Precise Biometrics offers customers and partners a sophisticated product portfolio of software, hardware and services. Thanks to its extensive experience in the market the Company can offer products that match customer expectations, while also undergoing continual development and improvement.
Software
All the individual products from Precise Biometrics are based on the Company’s algorithms, collectively designated as Precise BioMatch, which in turn form the Company’s core technology. The algorithms in Precise BioMatch enable matching of fingerprints, on above all small platforms.
Precise Match-on-Card is one of the Precise Biometrics’ main offers and is a technology that allows fingerprints to be stored and matched directly on a smart card. It includes software for integration and license-based software for both cards and computers. Precise Match-on-Card is available for several different smart card platforms, such as Java, Multos and .NET, as well as for native integration in the card’s operating system. Precise Match-on-Card mainly focuses on the markets for national ID cards, ID cards for employees, and the banking market.
In addition to Precise Match-on-Card, Precise Biometrics also offers software solutions packaged for specific segments. During the year the Company has been working to expand its product portfolio and several products targeting specific industries are expected to be launched in 2011. Precise Biometrics will, for example, be diversifying its activities in relation to mobile applications for SmartPhones and Tablet PCs.
Precise Biometrics launched several software products in 2010. These new products include Precise BioMatch™ ISO Match-on-Card, a tool for integration of the standardized Match-on-Card, Precise BioMatch™ ANSI 378, an integration tool for standardized fingerprint recognition for both PC and Mac, and also Precise BioMatch™ Logon for Windows 7, a logon product with fingerprint recognition for Windows 7.
Hardware
A system for biometric identification also needs, in addition to the software, fingerprint readers. If the system is based on smart cards it will also need a card reader. For several years Precise Biometrics has offered the most established combined fingerprint and smart card readers in the market – Precise 200 MC and Precise 250 MC.
Hardware is an essential part of Precise Biometrics’ sales. In order to broaden its product range to encompass new industries, remain competitive and be able to offer attractive volume sales, the Company has now developed a completely new generation of fingerprint readers primarily intended for the banking and corporate segments. This product family, collectively called Precise Sense, includes six different models and focuses on complying with different types of requirements. Three of the models were launched in January 2011. With Precise Sense, Precise Biometrics is now offering improved cost-efficiency and enhanced user friendliness. The new readers are available as combined fingerprint and smart card readers, but also as readers only intended for fingerprint recognition. All the readers incorporate either swipe, or touch sensors. Towards the end of 2011 new Precise Sense readers are expected to be introduced with contactless cards and NFC technology.
For biometric access control, Precise Biometrics is also offering Precise BioAccess 200. This is used together with contactless cards, and fingerprints are matched in the reader.
Embedded
Precise BioMatch Embedded enables a partner or customer to integrate the Company’s technology in hardware products. These products are targeting companies that work with payment terminals, access control systems, and banking services. Precise Biometrics’ embedded product range will also be improved in 2011.
Support and other services
With many years of experience in the biometrics industry, Precise Biometrics is intimately familiar with the implementation of biometric projects. The Company offers various different services to its customers and partners – training, system design, system integration, integration support, upgrade support, testing and evaluation.
The services Precise Biometrics offers its end-customers and partners give them the opportunity to achieve the best possible biometric performance, and also much faster penetration in the market with their products or solutions.
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