Etienne Veber Joins Precise Biometrics as Chief Commercial Officer

STOCKHOLM--()--Regulatory News:

Precise Biometrics (STO:PREC) is pleased to announce that Etienne Veber has joined Precise Biometrics in the capacity of Chief Commercial Officer and Executive Vice President. He comes on board as part of the company’s senior management team.

Etienne will be based at Precise Biometrics’ U.S. subsidiary. He will have global responsibility for sales, marketing, business development and product management.

Etienne has a very strong management background from various well-known U.S. companies. Etienne has a French background but has lived more than half of his life in the U.S.

“As a very important milestone of our ambitious growth plans, I am pleased to have hired Etienne Veber in the capacity of Chief Commercial Officer and Executive Vice President. The recruitment is in line with our ambitious global sales efforts with major focus in the U.S. market”, says Thomas Marschall, CEO and President of Precise Biometrics.

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 11.00 on May 28, 2012.

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, 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

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Contacts

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

Contacts

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