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FPC And CrucialTec Launch The Biometric Track Pad to Leading Customers, Targeting Sales of 20-40 Million Units in 2012-14 - Fingerprint Cards (FPC) and CrucialTec (CT), in March 2012 signed a Joint Development & Production Agreement - Fingerprints.com
FPC And CrucialTec Launch The Biometric Track Pad to Leading Customers, Targeting Sales of 20-40 Million Units in 2012-14

 

PRZOOM - /newswire/ - Seoul, Korea (South), 2012/05/09 - Fingerprint Cards (FPC) and CrucialTec (CT), in March 2012 signed a Joint Development & Production Agreement - Fingerprints.com.

   
 
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Since then, CT has already integrated the FPC swipe sensor silicon into its Biometric Track Pad (BTP) and joint promotion to a wide customer base is ongoing. CT is the world’s largest provider of Optical Track Pads to top tier global mobile customers for mobile and smart phone sector and remote controls for Smart TV with an accumulated volume of two hundred million units sold.

In this cooperation, FPC’s leading swipe silicon technology has in record time been combined with CT’s leading experience in Track Pads for mobile phones. In addition to finger sensor technologies, FPC is providing navigation capabilities and attractive Android applications for security, payment and convenience features, such as short cuts to various applications depending on which finger is swiped by the user.

Comments from CEO, Charles Ahn of CrucialTec
“We are excited to collaborate with FPC in Biometric Track Pad(BTP) business. Crucialtec is global No. 1 input solution provider who supplies, what we call, Mobile Trackpad(MTP). Optical Trackpad, optic based navigation device for mobile device, has been main cash cow for Crucialtec in the past. But we are now proud to add additional feature – finger print recognition – in addition to existing navigation feature which broadens applicable area in other handheld devices. This BTP solution will support our customers to introduce another product line-up that adds high level of security for their device in addition to ease of user experience. On top of excellent hardware, Crucialtec can add user interface, application & software which enhances usability of the product. Crucialtec has spent over 3 years developing software for MTP products in order to provide best possible user experience to Trackpad users. With strong competence in biometric technology from FPC and Trackpad experience as well as manufacturing experience with accumulated number of two hundred million productions from Crucialtec, we will provide the best performance product with price competitiveness to our potential customers.

From this new cooperation scheme, we will not only be able to secure existing mobile market, but will also be able to expand the potential market to non mobile and home appliances which requires better security system in the future.”

Comments from Johan Carlström, CEO of FPC:
“We are proud and pleased to announce this strategic cooperation with CrucialTec. We are extremely impressed how CrucialTec in a short time can make customized Biometric Track Pads to its customers. We believe that the combination of FPC’s leading swipe silicon technology and our attractive Android applications and CT’s large experience and their wide customer base for Track Pads, will be a winning combination in the growing market for biometry in mobile phones and tablets.”

“The FPC swipe sensor silicon, which is the world’s smallest and most power-efficient fingerprint sensor developed for mobile applications, uses FPC’s patented scanning technology and delivers world-leading 3D image quality, with 508 dpi resolution. In addition to the intelligent image management, the sensor features integrated hardware support for navigation, thus enabling its use for the control of user interfaces. These elements make FPC’s robust swipe sensor solution the optimum choice for mobile phones and other types of mobile high-volume products such as tablets, remote controls and USB keys.”

About CrucialTec (publ)
Crucialtec is total input solution provider who provides mobile Trackpad(MTP), module packaging and one layer TSP solution with controlling IC(Matrix Switching TSP). The company has launched the world first MTP called Optical Trackpad in year 2006 and has supplied it to world leading mobile makers, with accumulated number of 200 million devices. Today the company holds market share of 95% supplying products to domestic customers such as Samsung & LG and leading mobile makers worldwide such as RIM, Motorola, Sony, HTC, Sharp and many other mobile makers.
By introducing BTP recently, Crucialtec adds more variety in the product line-up of MTP category.

In non Trackpad line-up, the company holds world’s only flash module solution for mobile camera module which enhances light efficiency to provide better picture quality. In year 2011, Crucialtec has reshaped the business model to include touch panel business after introduction of Matrix Switching Touch Screen Panel(MS-TSP) & controlling IC which is known to provide competitiveness in production cost, manufacturing process as well as leading edge technology which is unique from any other existing TSP solutions.

About Fingerprint Cards AB (publ)
Fingerprint Cards AB (fingerprints.com) 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 (FPC) is listed on the Nasdaq OMX Stockholm (FING B) and has its head office in Gothenburg.
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 May 9, 2012, at 8:00 am.

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 an offering to acquire or subscribe for any of the company’s securities in any jurisdiction.

 
 
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FPC And CrucialTec Launch The Biometric Track Pad to Leading Customers, Targeting Sales of 20-40 Million Units in 2012-14

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Fingerprint Cards AB |
Contact: Johan Carlström - Fingerprints.com 
+46(0)31-607820 investrel[.]fingerprints.com
 
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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 AB securities in any jurisdiction including any other companies listed or named in this release.

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