Brief: Precise Biometrics extends licensing agreement

Precise Biometrics AB

30/01/2017 14:50

Jan 30 (Reuters) - Precise Biometrics  PREC.ST  
    * Precise Biometrics enters extended licensing agreement 
with an existing sensor customer that guarantees license 
revenues of minimum 17.5 million SEK 
    * Says revenue from new agreement will be recognized evenly 
during 2017 and 2018 
    * Says agreement may generate additional revenues provided 
that customers' sales volumes exceed set volume in agreement 
 
Source text for Eikon:  urn:newsml:reuters.com:*:nWkraD8616 
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