Fingerprint Cards has received the first Design Win (DW) for its swipe sensor technology from one of Japan’s most prominent mobile phone manufacturers.
The initial volume is estimated at one million mobile phones and the launch is scheduled for the second quarter of 2013. Due to the prevailing competitive situation, the mobile phone manufacturer wants to remain anonymous for the time being.
Johan Carlström, President and Chief Executive Officer of FPC, comments: “We are proud and delighted to announce our first DW for mobile phones. Due to FPC’s world-leading capacitive fingerprint technology, image quality, power consumption, software know-how and support, we believe that we have taken the position as the leading alternative for fingerprint sensors in mobile phones. Feedback from several leading Japanese mobile phone manufacturers and from a number of other ongoing negotiations demonstrates that FPC is at the very cutting edge. We are working extremely hard to build upon this foundation and to expand our leading position in the market for mobile phones. We expect a number of additional DW during the months ahead.
About Fingerprint Cards AB (publ) (FPC)
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.
For further information, please contact:
Fingerprint Cards AB (publ), P.O. Box 2412, SE-403 16 Gothenburg, Sweden.
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 October 24, 2012, at 08:00 am.