Extraordinary General Meeting in Precise Biometrics AB approvesrights issue for approx SEK 54 million

At Precise Biometrics' Extraordinary General Meeting, held today on
Friday August 21, 2009, the decision was made to approve a rights
issue of shares proposed by the Board of Directors for SEK 54 million
with preferential rights for existing shareholders. The rights issue
will be implemented to finance further expansion and increase market
penetration in prioritized market segments.
 
The rights issue means that the share capital will be increased by a
maximum of SEK 13 496 080 to a maximum of SEK 53 984 320 through the
issue of a maximum total of 33 740 200 new shares. The terms and
conditions are basically as follows:
 
  * Three (3) existing shares entitle subscription to one (1) new
    share
  * The subscription price is SEK 1.60 per share
  * The last day of trading in the share with the right to
    participate in the rights issue is August 24, 2009
  * The record day for participation in the rights issue of shares is
    August 27, 2009
  * The subscription period is from and including August 31 to
    September 14, 2009, or a date to be decided later by the Board of
    Directors
  * Trading in subscription rights will take place during the period
    from and including August 31 to and including September 9, 2009
 
For more information, we refer to the prospectus that the Board of
Directors in Precise Biometrics has established in regards to the
rights issue. The prospectus will be available in Swedish on Monday,
August 24 at www.precisebiometrics.com and www.remium.com. For more
information in English, please contact Precise Biometrics or Remium.
 
Financial advisor
Remium AB is acting as financial advisor to Precise Biometrics AB in
conjunction with the rights issue.
 
Lund, August 21, 2009
Precise Biometrics AB
 
For more information:
Thomas Marschall, CEO, Precise Biometrics AB
Tel: +46 46 31 11 10 or +46 734 35 11 10
E-mail thomas.marschall@precisebiometrics.com
 
Patrik Norberg, CFO, Precise Biometrics AB
Tel. +46 46 31 11 47 or +46 734 35 11 47
E-mail patrik.norberg@precisebiometrics.com
 
Precise Biometrics is a market-leading provider of products and
solutions for fingerprint recognition. The technology proves people's
identities in a fast and secure way, while it reduces costs related
to password management, identity theft and fraud.
 
Precise Biometrics serves business and government organizations
throughout the world and its technology is licensed to close to 100
million users. Precise Biometrics is listed on NASDAQ OMX Stockholm
small cap list (PREC).
For more information, please visit www.precisebiometrics.com or view
an information video at www.precisebiometrics.com/share-issue-video
 
Important information
The publication or distribution of this press release may in  certain
jurisdictions be subject to  restriction by law,  and persons in  the
jurisdictions  where  this  press  release  has  been  published   or
distributed  should  inform  themselves  of  and  follow  such  legal
restrictions.
 
This press release may not be made public, published or  distributed,
either directly or  indirectly in the  United States, Canada,  Japan,
New Zealand, South Africa, Australia or any other country where such
procedures are subject in full or in part to legal restrictions.  Nor
may the information in  this press release  may not be  communicated,
reproduced or presented  in any  way that  is in  conflict with  such
restrictions. Failure to follow this instruction may involve a breach
of the United States Securities  Act from 1933 ("Securities Act")  or
applicable laws in other jurisdictions.
 
This press release does  not contain or  constitute an invitation  or
offer to  acquire,  subscribe  to or  otherwise  trade  with  shares,
subscription rights or  other securities in  Precise Biometrics.  The
invitation to the persons concerned to subscribe to shares in Precise
Biometrics will only take place  through the Prospectus that  Precise
Biometrics intends  to  publish  around August  24,  2009,  and  this
Prospectus will contain financial statements and other information on
Precise Biometrics' board of directors and auditors.
 
Neither the subscription  rights, paid subscribed  shares or the  new
shares will be registered  in accordance with  the Securities Act  or
any other act in  Canada, and may not  be transferred or offered  for
sale in the United States or  Canada, or to persons domiciled  there,
or on behalf of  such persons, other than  in such exceptional  cases
where registering in accordance with the Securities Act or other  act
in Canada is not required.
 
This announcement was originally distributed by Hugin. The issuer is 
solely responsible for the content of this announcement.