PREC fundamentals

Precise Biometrics AB engages in the development and provision of smart card and fingerprint readers for computers and mobile devices. It operates through the Mobile Smart Card Readers and Fingerprint Technology business segments. The Mobile Smart Card Readers segment provides card readers for smartphones and tablets, which enables convenient and secure mobility. The Fingerprint Technology segment develops and sells fingerprint software for secure authentication of people's identity mobile phones, smart cards, and other products with small fingerprint sensors. The company was founded by Lars Christer Fedrik Fåhraeus, Mårten Öbrink, and Nils Bernhard on July 1, 1997 and is headquartered in Lund, Sweden.