A license agreement signed in July 2006 between Precise Biometrics
AB and the Japanese electronics group Oki Electric Industry Co. Ltd has
resulted in the development of an electronic circuit with an embedded
biometric solution (ML67Q5250). The circuit was introduced by OKI on the
world market in November, and there are great expectations that the
solution will open up for completely new applications for fingerprint
recognition. In terms of volume, OKI has planned for a production of
about 200,000 circuits a month as of April 2008.
The unique feature of the circuit is that it integrates Precise
Biometrics' core technology for identification, which means
significant advantages for companies developing end products and
solutions, such as payment terminals, door locks, satellite boxes, and
PC peripherals such as keyboard. This means access to an inexpensive
one-chip solution for fingerprint recognition, which can be adapted to
different applications. These companies thereby avoid expensive and
time-consuming development work and can reach out to the market more
quickly with new product generations where personal identification via
fingerprint technology is becoming an important sales argument.
www.precisebiometrics.com
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