Precise Biometrics Acquires Veridicom’s Intellectual Property

Precise Biometrics has acquired all intellectual property related to fingerprint matching on smart cards, called Match-on-Card, from Veridicom, a provider of fingerprint-based technologies and services for E-business transactions.

The technology was introduced into the market during 2000. Some of Precise Biometrics’ customers are already using its Match-on-Card(tm) product, including digital identity technology provider ActiCard and European information technology (IT) security provider Utimaco.

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