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Precise Biometrics Expands Visitor Management Business with New Features and Global Growth

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Precise Biometrics Expands Visitor Management Business with New Features and Global Growth

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Precise Biometrics AB ( (SE:PREC) ) has issued an update.

Precise Biometrics is expanding its visitor management system business by launching new features in its Precise Visit by EastCoast system, enhancing usability, security, and the visitor experience. The company is focusing on cloud adoption, geographical expansion, and a growing customer base, with new customer wins including major international industrial groups and businesses across the Nordics. The company is also seeing increased cloud migration among existing customers, with deployments expanding to countries like Japan, Australia, and Germany. These developments are strengthening Precise’s position as a leading provider of visitor management and security solutions.

More about Precise Biometrics AB

Precise Biometrics AB is a global leader in biometrics and cybersecurity, providing advanced biometric recognition solutions including fingerprint, face, and palm recognition algorithms. The company offers turnkey solutions for visitor management and biometric physical access management. Operating through its Digital Identity and Biometric Technologies units, Precise Biometrics serves various industries and is headquartered in Lund, Sweden, with offices in the USA, South Korea, Taiwan, and China. It is publicly listed on Nasdaq Stockholm.

Average Trading Volume: 463,683

Current Market Cap: SEK278.4M

For a thorough assessment of PREC stock, go to TipRanks’ Stock Analysis page.

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