Precise Biometrics enters licence agreement with Gingytech
13 January 2016 14:39 GMT

Swedish fingerprint tech firm Precise Biometrics has signed a licence agreement with Gingytech that involves the former’s Precise BioMatch Mobile solution.

In a statement, Precise Biometrics reported that the agreement includes a limited initial fixed fee for the right to integrate and use Precise Biometrics’ software and for support and maintenance, which will be recognized starting from the fourth quarter 2015.

“Gingytech is an innovative company with an interesting hybrid fingerprint sensor technology. The agreement with Gingytech strengthens our position as the leading independent supplier of fingerprint software for mobile devices”, says Håkan Persson, CEO of Precise Biometrics.

“The combination of our hybrid fingerprint sensor technology and Precise Biometrics’ industry leading fingerprint recognition software enables high performance fingerprint authentication for smartphones”, says Jason Wu, CEO at Gingytech.

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