The integration will generate license revenue starting with Q1 2016. The value of license revenue is based on the number of sensors FPC delivers to the device manufacturer and cannot be forecasted at this point.
Precise BioMatch Mobile provides integration of fingerprint matching functionality for smartphones and tablets, and is optimized for small touch sensors in mobile environments through a unique patented hybrid algorithm. The software offers secure verification of the user’s identity, creating a convenient user experience for consumers when unlocking their mobile device or authenticating to services.
Precise Biometrics is a market-leading provider of solutions that prove peoples identities through smart cards and fingerprint recognition. The company’s products can be used for ID, enterprise and bank cards as well as access to mobile solutions, computers and networks. Precise Biometrics serves business and government organizations throughout the world and its products are licensed to close to 160 million users.
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