Brief: Precise Biometrics sells mobile smart card solutions unit

Precise Biometrics AB

21/06/2017 13:00

June 21 (Reuters) - Precise Biometrics AB  PREC.ST  
    * sells Mobile Smart Card Solutions business to German 
IDENTOS  
    * Precise Biometrics further increasing its focus on the 
Fingerprint Technology business area  
    * net sales for remaining business operations in 2017 are 
expected to be on par with comparable net sales for 2016 
    * expects positive f/y net result for remaining operations  
    * As compensation for the divested business area, IDENTOS 
will pay Precise Biometrics commission on sales of Tactivo 
during 2018-2020. Precise Biometrics estimates commission will 
not have significant impact on earnings 
 
Source text for Eikon:  ID:nWkr3DkXPt  
Further company coverage:  PREC.ST  
 
 (Reporting By Anna Ringstrom) 
 ((Anna.Ringstrom@thomsonreuters.com;))