Precise Biometrics gets SKr5.7m grant for EU authentication project

Sweden's Precise Biometrics has been awarded a research grant worth SKr5.7 million to participate in an EU-funded project to develop an advanced identity management system that combines fingerprint biometrics and cryptography

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Precise Biometrics gets SKr5.7m grant for EU authentication project

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The so-called Turbine (Trusted Revocable Biometric Identities) project is a three year initiative to develop an authentication method based on advanced fingerprint recognition technology and complex cryptographic techniques for use in a number of industry sectors including banking, government and health.

Precise Biometrics says it will mainly contribute its expertise in fingerprint recognition technology and methods of extracting fingerprint information. The firm says it will also use the research to develop its own products further.

Thomas Marschall, CEO, Precise Biometrics, says the Turbine project offers a great opportunity for the firm to strengthen relationships with other industry players.

"In addition it will give us a chance to advance our position on the European market, which in return may give us additional advantages in upcoming European national ID card procurements" he adds.

The Swedish vendor has been selected along with Sagem Sécurité, Philips Research Europe, SAGEM-ORGA, Katholieke Universiteit Leuven, Gjøvik University College, Cryptolog, 3D-GAA and ARTTIC to work on the Skr 60.2 million project.

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