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Gothenburg, Sweden, 2011/01/17 - Edge Electronics, headquartered on Long Island, NY, and with ten sales offices strategically located around the US, has been appointed to market and sell FPC’s products and solutions in the United States. Nasdaq Stockholm (FING B)
FPC’s new distributor in the US, Edge, has extensive and successful experience of distribution operations throughout the US and currently works with products from such companies as Samsung, NEC and Micron. Edge has ten different sales offices around the US in such locations as Florida, California, Massachusetts, New Hampshire, New Jersey, New York, Tennessee and Texas, from which the entire country is served.
FPC’s products are an excellent supplement to Edge’s current range whose broad contact network will provide FPC with new opportunities in the US market. In addition to distribution, Edge will offer technical support and, in some cases, also development of customer-specific solutions, which will facilitate integration while reducing the lead time to complete solutions for end customers.
Johan Carlström, CEO of Fingerprint Cards says: “We are delighted to have Edge Electronics as our partner and distributor for the strategically important US market. Edge has a solid and successful résumé and a broad network of contacts, which will generate new business opportunities for FPC. For us, Edge is the perfect partner in the US and we confidently look forward to jointly developing the partnership and the market potential.”
Adrienne Giannone, CEO and founder of Edge Electronics says: “Fingerprint Cards AB brings forth a state of the art, biometric technology, which will enhance our ability to offer full solutions to our customers. FPC’s fingerprint sensors, processors, algorithms and modules will be appealing to several customers in our key market segments that are developing the latest and greatest electronic products requiring quick and secure personal identification systems. It is with great pride that we will be offering this technology to the US market on behalf of Fingerprint Cards.”
Fingerprint Cards AB (publ), Box 2412, SE-403 16 Gothenburg.
Fingerprint Cards AB (Fingerprint Cards) develops, produces and markets biometric technology, which, through analysis and matching of an individual’s unique fingerprint, verifies the person’s identity. The technology consists of biometric sensors, processors, algorithms and modules that can be used separately or combined. The competitive advantages offered by Fingerprint Cards’ 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 telephones, which impose extremely rigorous demands on these characteristics. Fingerprint Cards’ technology (fingerprints.com) can also be used in such areas as IT, Internet security and access control. Fingerprint Cards AB (Fingerprint Cards) is listed on Nasdaq OMX Stockholm (FING B) and has its head office in Gothenburg, Sweden.
About Edge Electronics, Inc.
Edge Electronics, Inc. (EdgeElectronics.com), based in Bohemia, NY, is a leading franchised distributor of electronic components (active, passive, and interconnect) and LCD solutions (displays and related products). Edge focuses on providing manufacturers with the most personalized customer service in the industry, easy access to the latest technologies and fully customizable solutions that are the perfect fit for each customer's specific application and business model. Founded in 1990, Edge Electronics is ISO 9001:2008 certified for quality and is a certified Women's Business Enterprise (WBE) that is both established and flexible, making it an invaluable supply-chain partner for electronics manufacturers across all industries.
Publication pursuant to Swedish legislation: Fingerprint Cards AB (publ) discloses this information pursuant to the Securities Market Act (2007:528) and/or the Financial Instruments Trading Act (1991:980).