The first model launch is scheduled for Q3 2013. Due to the competitive situation, the mobile phone manufacturer wants to remain anonymous for the time being and not disclose planned initial volume.
Johan Carlström, President and Chief Executive Officer of FPC, comments: “We feel truly honored to announce our third DW for mobile phones in Japan and the fourth globally in just two months. Due to FPC’s world-leading capacitive fingerprint technology, superior image quality and ultra-low power consumption we have now seized the position as the leading alternative for fingerprint sensors in mobiles and tablets. Feedback from the leading Japanese mobile manufacturers and from several other ongoing negotiations demonstrates that FPC is at the very cutting edge. We are continuously striving to build upon this foundation and to expand our leading position in the market for smartphones and tablets. We still expect several additional DW:s in the coming months”
About Fingerprint Cards AB (publ) (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.
Fingerprint Cards AB (FPC) is listed on Nasdaq OMX Stockholm (FING B) and has its head office in Gothenburg, Sweden.
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). The information was issued for publication on December 18, 2012, at 12:30 pm.
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 constituent information in accordance with the rules and regulations prevailing in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Fingerprint Cards securities in any jurisdiction.