Precise Biometrics: Precise Biometrics’ Tactivo™ Selected by OpenPeak to Add Security Enhancements to Mobile Apps with its SECTOR™ App Wrapping Technology

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Precise Biometrics(STO:PREC):

As part of OpenPeak’s evolving Advanced Device and Application Management (ADAM) Solution, Tactivo brings the robust security enhancements demanded worldwide for enterprise mobility

The market for mobile security enhancements and application customization capabilities continues to increase and expand as the Bring Your Own Device—BYOD—landscape evolves. Precise Biometrics’ partner OpenPeak has now integrated the innovative Tactivo smart card and fingerprint sensor casing for iPad and iPhone to enhance a secure, trusted workspace with unprecedented, multi-factor authentication and security features. The OpenPeak solution includes per-app VPNs and three-factor authentication, including PIN, smart card, and biometric technologies. This allows IT administrators to control sharing of sensitive data between applications on the same device and heighten security that spans individual applications. Organizations can set policies to enforce the use of any or all of PIN, smart card, and fingerprint scan for accessing apps on mobile devices.

“By combining Precise Biometrics’ innovative authentication solution with our SECTOR app wrapping technology, we’re able to provide multilayer protection to safeguard even the most sensitive data,” said Dan Gittleman, CEO of OpenPeak. “The Tactivo system perfectly complements our ADAM platform to provide unprecedented multi-factor authentication and security features, while ensuring reliable ease of access for authorized users.”

Thomas Marschall, CEO of Precise Biometrics, said, “We are excited to see Tactivo becoming an integral part of this latest wave of innovation and security enhancements in the growing mobile market.” He continued, “OpenPeak’s app wrapping technologies, along with their other innovations in security measures and features, are making valuable contributions to the evolving BYOD landscape. We are looking forward to adding the power of Tactivo to these advancements to benefit enterprises and government markets alike.”

About OpenPeak

OpenPeak is a leading mobility technology provider. OpenPeak designs end-to-end managed systems and solutions that enable Enterprises, SMBs and Education, Healthcare and service providers to provision and manage their customer’s mobile devices and applications remotely. OpenPeak’s Advanced Device and Application Management (ADAM) mobility management suite is comprised of three components: SANCTION, SECTOR and OPENSHOP. Each component can be deployed individually to complement pre-existing device and network management configurations, or together as a complete end-to-end Device, Application and Profile Management solution. For more information, visit www.openpeak.com.

iPhone and iPad are trademarks of Apple Inc., registered in the U.S. and other countries. All other trademarks are the property of their respective owners.

Precise Biometrics AB (publ) may be required to disclose the information provided herein pursuant to the Securities Markets Act. The information was submitted for publication at 10:00 am on January 8, 2013.

Precise Biometrics is a market-leading provider of solutions for fingerprint recognition to prove people's identities. With top-of-the-line expertise in fingerprint verification, Precise Biometrics offers fast, accurate and secure authentication of a person.

The technology adds value to ID, enterprise and bank cards as well as access to mobile solutions (smart phones and tablets), computers and networks. Precise Biometrics serves business and government organizations throughout the world and its technology is licensed to close to 160 million users.

For more information, please visit www.precisebiometrics.com and www.idApps.com (http://www.precisebiometrics.com/)

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Contacts

Thomas Marschall
President and CEO
Precise Biometrics AB
Telephone; +46 46 31 11 10
or +46 734 35 11 10
E-mail; thomas.marschall@precisebiometrics.com
or
Patrik Norberg
CFO, Precise Biometrics AB
Telephone; +46 46 31 11 47
or +46 734 35 11 47
E-mail; patrik.norberg@precisebiometrics.com

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Contacts

Thomas Marschall
President and CEO
Precise Biometrics AB
Telephone; +46 46 31 11 10
or +46 734 35 11 10
E-mail; thomas.marschall@precisebiometrics.com
or
Patrik Norberg
CFO, Precise Biometrics AB
Telephone; +46 46 31 11 47
or +46 734 35 11 47
E-mail; patrik.norberg@precisebiometrics.com