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NewswireTODAY - /newswire/ -
Hong Kong, Hong Kong, 2013/09/16 - World Wide Touch Technology (Holdings) Limited, (“WWTT”) commercially launched its FingerQ products and services, starting in Asia - Fingerprints.com. Nasdaq Stockholm (FING B)
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FingerQ is available as a wide range of accessories that can be connected via the micro-USB connector of selected Android mobile phones and tablets. It delivers as forms of “sleeve” and “key” that can easily be mounted on smart phones like Samsung Galaxy S3, S4, Samsung Galaxy Note 2, Samsung Galaxy Tab, and Android phones equips with USB OTG support.
FingerQ embraces a wide range of patented technologies that are developed by WWTT. It is a point-to-point service that can encrypt messages in text or multi-media format, can scramble voice messages and protect pictures/photos. By simply swiping one’s finger, the designated recipient can view the content of the message with instant authorization.
FPC has already delivered 400,000 FPC1080A units to WWTT for the initial ramp and another 400,000 units have already been ordered for the remainder of 2013.
“With today’s high awareness of personal privacy and security for mobile devices, we are very excited to launch our patented technologies of FingerQ, today. We begin in Asia and will deploy the service globally. We selected FPC1080A due to its total superior performance. We expect fast growing sales during 2014 and beyond” says Kelvin Wong, President and CEO of WWTT
“We congratulate WWTT on this launch which is another milestone for FPC. It is our first launch in a consumer product in China and our first major launch of our own swipe sensor module FPC1080A. The superior characteristics as lowest power consumption and best image quality as well as the attractive cost of 1080A, maintaining the best performance in the market, makes this product increasingly attractive for our customers. We are excited to hear WWTT’s aggressive launch plans for FingerQ globally,” says Johan Carlström, President and CEO of Fingerprint Cards AB.
About World Wide Touch Technology (Holdings) Limited (“WWTT”)
WWTT and its subsidiaries (collectively the “Group”) are principally engaged in the trading of and provision of services to automation related equipment, and manufacturing of a range of high technology products, including wireless charging devices, plasma lighting source products, cutting-edge fingerprint biometric devices, capacitive touch screen controllers and modules, high-speed communication products and automotive-related products. Since July 2013, the Group has expanded its biometric service offerings and launched the world’s first biometric fingerprint privacy protection platform and devices FingerQ and PrivacQ to strengthen the Group’s position as the leading provider in patented biometric security solutions. With a vision of being a provider of “life technologies” to facilitate and improve the daily life of the users, the Group strives to employ cutting-edge technologies in its products and implement strategic development plans in an effort to enlarge its market share and promote the diversification of its product mix.WWTT has been listed on The Stock Exchange of Hong Kong Limited since 15 December 2010 (Stock code: 1282).
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 September 16 at 08.00 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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