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Fingerprint Cards FPC Signs a Master Purchase Agreement with a Leading Mobile Phone Manufacturer - Fingerprint Cards (FPC) signs a Master Purchase Agreement with a leading mobile phone manufacturer and the swipe sensor, FPC1080A, will be integrated into the manufacturer’s platform for smartphones - Fingerprints.com
Fingerprint Cards FPC Signs a Master Purchase Agreement with a Leading Mobile Phone Manufacturer

 

NewswireToday - /newswire/ - Gothenburg, Sweden, 2011/12/06 - Fingerprint Cards (FPC) signs a Master Purchase Agreement with a leading mobile phone manufacturer and the swipe sensor, FPC1080A, will be integrated into the manufacturer’s platform for smartphones - Fingerprints.com.

   
 
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FPC’s new swipe sensor, the FPC1080A, is currently being integrated in a mobile platform by one the world-leading manufacturers of mobile phones, also known as a “Tier 1 manufacturer*.” The company, which wishes to remain anonymous for competitive reasons, has also approved FPC as a supplier of sensors and a Master Purchase Agreement between the companies has been signed.

The integration of a fingerprint sensor into a mobile phone creates a product through which convenience is optimally combined with high security. Potential applications include secure mobile payments, the protection of personal information, PIN-code substitution, increased flexibility for screen locks and other application areas in which the user’s identity has to be ascertained.

Comments from Johan Carlström, CEO of FPC: "We are very proud and pleased to announce that we have signed our first Master Purchase Agreement with a Tier 1 manufacturer of mobile phones and also that our swipe sensors are being integrated into this company’s smartphone platform. The agreement covers future deliveries of fingerprint systems, including both hardware and software. At present, no decision has been made concerning the model or models into which the swipe sensor will be integrated, but we hope that such a decision will be made during the first half of 2012."

The FPC1080A, the world’s smallest and most power-efficient fingerprint sensor developed for mobile applications, uses FPC’s patented scanning technology and delivers world-leading 3D image quality, with 508 dpi resolution. In addition to the intelligent image management, the sensor features integrated hardware support for navigation, thus enabling the sensor to be used for the control of user interfaces. These elements make the robust FPC1080A the optimum choice for mobile phones and other types of mobile high-volume products such as tablets, remote controls and USB keys.

• Tier 1 is defined as the 10 largest manufacturers of mobile phones in the world, meaning:
Nokia, Samsung, LG, Apple, ZTE, RIM, HTC, Motorola, Huawei and Sony Ericsson.

Fingerprint Cards AB (FPC) is listed on the Nasdaq OMX Stockholm (FING B) and has its head office in Gothenburg.
Fingerprint Cards AB (publ) discloses this information pursuant to the Swedish Securities Market Act (2007:528) and the Swedish Financial Instruments Trading Act (1991:980).

About Fingerprint Cards AB (FPC)

Fingerprint Cards AB (fingerprints.com) markets, develops and produces biometric components and technologies that through the analysis and matching of an individual’s unique fingerprint verify the person’s identity. The technology consists of biometric sensors, processors, algorithms and modules that can be used separately or in combination with each other. The competitive advantages offered by the FPC’s technology include unique image quality, extreme robustness, low power consumption and complete biometric systems. With these advantages and the ability to achieve extremely low manufacturing costs, the technology can be implemented in volume products such as smart cards and mobile phones, where extremely rigorous demands are placed on such characteristics. The company’s technology can also be used in IT and Internet security, access control, etc.

 
 
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Written by / Agency / Source: Fingerprint Cards AB

 
 

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Fingerprint Cards FPC Signs a Master Purchase Agreement with a Leading Mobile Phone Manufacturer

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Fingerprint Cards AB |
Publisher Contact: Johan Carlström - Fingerprints.com 
+46(0)31-607820 investrel[.]fingerprints.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Fingerprint Cards AB securities in any jurisdiction including any other companies listed or named in this release.

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