PRESS RELEASE
Gothenburg, January 2, 2012
Fingerprint Cards secures record order in China worth
SEK 44 M
Fingerprint Cards AB (FPC) has received its largest order
to date worth nearly SEK 44 M from its distributor in China
and Taiwan, Hardware & Software Technologies Co. Ltd (HST).
The order mainly encompasses the FPC1011F area sensor, as
well as 400,000 FPC1080A swipe sensors, which all will be
delivered in 2012. In conjunction with the order, HST
received a one-year exclusive distribution agreement for
the area sensor in China and Taiwan.
As a result of the significant demand for FPC's solutions
in China, HST has placed the largest order to date in FPC's
history. The order, which encompasses both FPC1011F area
sensors and FPC1080A swipe sensors, will be embedded in
various bank security solutions, access systems and
solutions for such portable units as mobile telephones and
tablet PCs. At the same time, HST received a one-year
exclusive agreement for area-sensor solutions in the
Chinese and Taiwanese markets. FPC's parallel distributor
on the Chinese market, Serial Microelectronics, will from
2012 focus on the business opportunities for FPC's swipe
sensor.
"The venture that HST is expanding as a result of this
order demonstrates the trust and confidence that HST has in
FPC's vast potential in the Chinese market for area sensors
and swipe sensors," says Johan Carlström, President
and CEO of Fingerprint Cards AB.
For further information, contact:
Johan Carlström, President and CEO, Fingerprint Cards AB
(publ), +46 31-607820, investrel@fingerprints.com
Fingerprint Cards AB (publ), Box 2412, SE-403 16
Gothenburg, Sweden, www.fingerprints.com
About Fingerprint Cards AB (FPC)
Fingerprint Cards AB (FPC) develops, produces and markets
biometric components that through 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 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 telephones,
where extremely rigorous demands are placed on such
characteristics. FPC's technology can also be used in IT
and Internet security products, as well as access control,
etc. Fingerprint Cards AB (FPC) is listed on Nasdaq OMX
Stockholm (FING B) and has its head office in Gothenburg,
Sweden.
Publication pursuant to Swedish legislation: Fingerprint
Cards AB (publ) discloses this information pursuant to the
Securities Market Act (2007:528) and the Financial
Instruments Trading Act (1991:980). The information was
issued for publication on January 2, 2012, at 8:00 a.m.
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 information herein in
accordance with the applicable rules and regulations 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.
distribué par | Ce noodl a été diffusé par Fingerprint Cards AB et initialement mise en ligne sur le site http://www.fingerprints.com. La version originale est disponible ici. Ce noodl a été distribué par noodls dans son format d'origine et sans modification sur 2012-01-02 08:25:58 AM et restera accessible depuis ce lien permanent. Cette annonce est protégée par les règles du droit d'auteur et toute autre loi applicable, et son propriétaire est seul responsable de sa véracité et de son originalité. |