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Fingerprint Cards AB (FPC) has received its largest mass production orders so far of over 3.1 million units for its swipe sensor technology for the Asian smartphone and tablet market for immediate delivery.
FPC has received an additional order for over 3,100, 000 units of its swipe sensor technology, to be delivered in August and September 2013. These units will be used in Asian smartphones and tablets.
“Earlier this week, we announced our first mobile phone launch ever, in Japan. This new order from our partner CrucialTec targets the Japanese market, but also the initial ramp for other additional launches in other Asian markets,” says Johan Carlström, President and CEO of Fingerprint Cards AB.
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 (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 August 21, 2013, at 11:00 am.
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 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 of the company’s securities in any jurisdiction.
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