Brief: Precise Biometrics signs licensing agreement with Zeitec

Precise Biometrics AB

31/03/2017 09:00

March 31 (Reuters) - Precise Biometrics  PREC.ST  
    * Precise Biometrics enters into agreement with Zeitec for 
the licensing of Precise Biomatch mobile 
    * Says agreement includes a per unit license fee, and annual 
fee's for right to use precise biometrics algorithm solution and 
for support and maintenance. 
    * Says currently projecting that some initial revenue 
generated under agreement will be recognized starting from Q1 of 
2017 
 
Source text for Eikon:  ID:nWkr95y1Cw  
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