Precise Biometrics Receives First Tactivo Order from European-Based Car Manufacturer

Precise Biometrics, a producer of Tactivo, a smart casing that offers smart card and fingerprint authentication to mobile devices and also a provider of authentication solutions, has received its first Tactivo order from a European-based car manufacturing company.

The smartcards has been already used by the European auto manufacturer for desktop logical access. The acquisition of Tactivo allows the company to lift its credentials and also to extend secure solution in order to result in transition from desktop to mobile devices. Many applications have been developed by the car manufacturer to encrypt the documents, which can be safely stored in these devices. The Tactivo can be also used for messaging and browsing purposes. The company expects this customer to have Tactivo be deployed by Q3 2012.

Thomas Marschall, CEO and President of Precise Biometrics, stated that they are very happy to receive their first order from a well-known customer. The company is also looking forward to procure many such orders from different kinds of customer segments and regions. The company’s financial impact of these orders will be show in Q3, but it is expecting to have more financial impact only in Q4.

The Tactivo offers a secure and reliable solution to the private and public sector’s growing need in order to utilize the strong authentication available on traditional personal computers and laptops for mobile devices and platforms. The Tactivo allows corporations to provide their employees to access both data and resources in a convenient and safe manner since the organizations start transition from laptops to mobile devices and utilize cloud-based and traditional remote services.

The company may need to disclose its information provided in pursuant to the Securities Markets Act. The company also provides accurate, fast and secure authentication of a person.

The company’s technology increases the value of enterprise, ID and bank cards and also provides access to computers, mobile solutions and networks. The company serves government organizations and business throughout the world and its technology is licensed to about 160 million users.

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