March 31, 2017 / 8:08 AM / 8 months ago

BRIEF-Precise Biometrics signs licensing agreement with Zeitec

March 31 (Reuters) - Precise Biometrics

* Precise Biometrics enters into agreement with Zeitec for the licensing of Precise Biomatch mobile

* Says agreement includes a per unit license fee, and annual fee’s for right to use precise biometrics algorithm solution and for support and maintenance.

* Says currently projecting that some initial revenue generated under agreement will be recognized starting from Q1 of 2017 Source text for Eikon: Further company coverage: (Stockholm Newsroom)

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