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NewswireTODAY - /newswire/ -
Gothenburg, Sweden, 2016/06/02 - Fingerprint Cards’ (FPC) Board of Directors has today appointed Christian Fredrikson as new CEO, starting from August 2016 - Fingerprints.com. Nasdaq Stockholm (FING B)
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Christian Fredrikson is today CEO for Finnish company F-Secure. Jörgen Lantto remains in his role as CEO until Christian Fredrikson enter upon his duties.
FPC has begun adapting fingerprint sensors into new market areas such as smart cards and Internet of Things. Hence, the aim is to strengthen the company’s organization in order to execute the strategy in the best way possible, and that is one reason why the Board considers it advisable to appoint a new CEO.
Before his role as CEO at F-Secure, Christian Fredrikson had several leading positions within Nokia Networks. He is an inspiring and visionary leader with strong engineering know-how, in areas FPC needs for future growth. He brings with him experience that includes real-time security for digital ecosystems, cloud technology and mobile solutions, as well as experience from the Asian markets.
During 2015 FPC strengthened its market position within fingerprint sensors for smartphones and grew from a small company to one of the 30 largest companies on the Stockholm Stock Exchange. This places new demands on both the Board and the management and it is also one reason to why the Board now appoints a new CEO.
“Christian Fredrikson has long experience from the new markets we wish to expand towards, while he is also deeply rooted in digitalization and mobile connectivity. We believe he has the competence that is required to develop FPC into the future“, says Jan Wäreby.
“I feel honoured and delighted to join FPC and to be given the opportunity to lead the company’s strong team. It’s fantastic to see what FPC has achieved and I look forward to further strengthen the company, together with the team“, says Christian Fredrikson.
Jörgen Lantto will remain as CEO until Christian Fredrikson has entered upon his duties, and will end his employment during autumn 2016.
“Jörgen has been responsible for FPC’s operations in an admirable way. With his solid technical skills within the smartphone area he has strongly contributed to developing the company. We thank Jörgen Lantto for his important contribution during a period of strong growth and we are delighted that Jörgen’s competence continues to benefit the company during the transition time”, says Jan Wäreby, Chairman of the Board.
To receive call in details for the press conference (media and analysts), please send an email to malin.strandvall[.]fingerprints.com.
Opportunities for individual interviews will also be offered in conjunction with the press conference.
Contact: Jan Wäreby, Chairman of the Board, Fingerprint Cards AB (publ)
T: +46 31 60 78 20 - E: investrel[.]fingerprints.com.
About Fingerprint Cards AB (publ)
Fingerprint Cards AB (FPC) (fingerprints.com) is a high tech and listed company which develops, produces and markets biometric technology that through the analysis and matching of an individual’s unique fingerprint verify the person’s identity. A secure and convenient user experience is thus made possible, beyond keys and pins. The FPC technology offers world class advantages and include unique image quality, extreme robustness, low power consumption and complete biometric systems. With these advantages and in combination with low production costs the technology may be implemented in large volume products as smartphones, tablets and biometric cards where these demands are extremely high. FPC’s technology have user cases from a number of applications.
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 Thursday June 2, 2016 at 07.00 CET.
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 invitation to acquire or subscribe for new securities in Fingerprint Cards in any jurisdiction.
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