Fingerprint Cards AB (FPC) has received an order worth SEK 20 M from its
distributor in China and Taiwan, Hardware & Software Technologies Co.
Ltd (HST). The order encompasses the FPC1011F3 area sensor. Delivery of
the entire order is scheduled for 2013, partly in the first quarter and
partly in the second quarter.
As a result of the strong demand for FPC’s solutions in China, both for
banking applications and new government-related projects, the
month-over-month "sell-through” from our distributor to end customers
has increased significantly since the first quarter of 2012.
"The timing of this order is in line with the most optimistic forecast
we provided in the financial reports for the first and second quarters
of 2012 and it confirms our number one position in the Chinese market
for capacitive area sensors, where FPC has a market share exceeding
80%,” says Johan Carlström, President and CEO of Fingerprint Cards AB.
About Fingerprint Cards AB (publ) Fingerprint Cards AB (FPC) 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), P.O. Box 2412, SE-403 16 Gothenburg, Sweden www.fingerprints.com
Fingerprint Cards AB (FPC) is listed on Nasdaq OMX Stockholm (FING B)
and has its head office in Gothenburg, Sweden.
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 November 26, 2012, at 08:00 a.m.
Important information Issuance, publication or distribution of this
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The recipient of this press release is responsible for using this press
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regulations prevailing in the particular jurisdiction. This press
release does not constitute an offer or an offering to acquire or
subscribe for any Fingerprint Cards securities in any jurisdiction.
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