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The FPC1300 series is Fingerprint Cards’ first offering which enables fingerprint touch sensors to be integrated into applications where the thinness of the sensor is essential, such as smart cards. This is fully in accordance with Fingerprint Cards’ go to market plan for this segment, where Fingerprint Cards have several strategic partners and some of these have been showcased to the markets recently. These strategic partnerships have also shown that Fingerprint Cards have achieved card level ISO compliance.
The smart card segment can include several types of cards and can be used for various applications, for example access cards, identification and payment. Biometric payment cards have the highest volume and growth potential, mainly driven by consumer adoption of contactless payment and the demand for further security and convenience. The growing acceptance and use of biometrics in smartphones is a further driving force. The market for biometric smartcards is expected to take off in 2017 with volumes coming in 2018.
“This is an exciting and important launch for us. The biometric market is moving rapidly, so focusing on the right innovations is essential in order to stay ahead of the competition. The development of the FPC1300 series is a natural step in our continuous broadening of our product portfolio anchored in the needs and demands of the market and end users. With this launch we continue to strengthen our market position and take biometrics into new segments”, says Christian Fredrikson, CEO, Fingerprint Cards.
The sensors in the FPC1300 series come with signature features such as FPC OneTouch® for fast wake-up authentication and as with all solutions from Fingerprint Cards they deliver best in class biometric performance. The sensors’ extremely low power consumption makes it possible to run the fingerprint system only on the power generated by the cardreader’s NFC field when the card communicates in a contactless mode with the cardreader. Previously, Fingerprint Cards customers Zwipe and Kona-I have launched products featuring sensors from the FPC1300 series.
Contact: Christian Fredrikson, President and CEO Fingerprint Cards AB (publ)
P: +46(0)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.
This is information that Fingerprint Cards AB is obliged to make public pursuant to the Swedish Securities Market Act and/or the Swedish Financial Trading Act. The information was submitted for publication, through the contact person set out above, on December 1, 2016 at 08.55 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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