FPC employs Jörgen Lantto as Executive Vice President & Chief Technology Officer and announces additional changes to the management team
Fingerprint Cards AB (FPC) employs Jörgen Lantto as Chief Technology Officer (CTO) and Head of Strategy & Product Management. He will join FPC’s management team with the title Executive Vice President (EVP) and take up his position in the first quarter of 2013.
As part of FPC’s aggressive expansion, the company and its management team is being strengthened by Jörgen Lantto who will be responsible for FPC’s technology and product strategies. He joins FPC from Ericsson where his most recent position has been Vice President Industry Area Telecom at the Ericsson’s CTO office.
Over the past ten years, Jörgen Lantto has held senior executive positions and been responsible for a considerable part of Sweden’s semiconductor development for mobile phones as Executive Vice President and CTO of ST-Ericsson from 2009 to 2012 and as Vice President Strategic Product Management at Ericsson Mobile Platforms in Lund from 2003 to 2007. He has a long background at Ericsson and has held various positions in Sweden and Japan, where he has had a leading role in the development of the mobile phone industry from the first analog systems in the mid-1980s to today’s 3G and 4G systems. He was also co-founder of the consulting firm Northstream and CEO of software company Alice Systems from 1999 to 2003. Since 2009, he has contributed to FPC’s strategy as an active member of Fingerprint Card’s Advisory Board.
FPC’S President and CEO Johan Carlström comments: “We are delighted and proud that Jörgen has elected to take the step from our Advisory Board and accept this leading position at FPC. This demonstrates the uniqueness of FPC’s position now that biometric technology is rapidly becoming available in mass market products, such as mobile phones and tablets. Jörgen has a unique ability to combine in-depth technical expertise with understanding of how technology can be used to create business and industry leadership. This recruitment is of key importance to secure FPC’s future strategy and product choices and will help us realize our major growth ambitions.”
Jörgen Lantto comments: “Through my participation on FPC’s Advisory Board in recent years, I have become increasingly convinced that the next paradigm shift in mobile phone technology will be based on biometry. Fingerprint biometrics will make the user experience for mobile phones and tablets not just more secure, in respect of on-line shopping for example, but will also enable us to find other ways, together with our customers, to utilize biometry for new areas that will further enhance the user experience of our customers’ devices. It is fantastic that a Swedish company has the opportunity to take a leading position in this growth area and I look forward to being part of this exciting development and major challenge.”
In parallel with Jörgen Lantto taking up his position in early 2013, FPC will continue to strengthen its development organization. As part of these efforts, Pontus Jägemalm, who will continue to be a member of FPC’s management team, is being appointed Senior Vice President R&D, reporting to Jörgen Lantto. Pontus Jägemalm will have continued responsibility for FPC’s development of components, products and solutions including sensors, biometric algorithms as well as other software and middleware.
FPC’s President and CEO Johan Carlström comments: “It is extremely gratifying to be able to promote Pontus Jägemalm to Senior Vice President R&D and head of the company’s product supply. His excellent work has greatly contributed to the success of the FPC 1011F and FPC 1080A development projects. In parallel, he has shouldered the role as FPC’s head of production and been responsible for the successful partnerships we have in place with SMIC and Amkor.”
In addition, Thomas Rex has been promoted to Executive Vice President (EVP) Sales & Marketing.
FPC’s President and CEO Johan Carlström comments: “It is personally both satisfying and pleasing to announce the promotion of Thomas Rex to EVP. The substantial successes recently enjoyed by FPC in the market for smart phones and tablets are largely due to the fantastic work of Thomas Rex and his team over the past year. In just one year, he has succeeded in generating an enormous amount of market interest in FPC and in our existing and future solutions primarily created for smart phones and tablets. I am convinced that, to date, we have only seen the beginnings of the success awaiting FPC.”
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.
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 December 18, 2012, at 08:00 am.
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