PRZOOM - /newswire/ -
Gothenburg, Sweden, 2013/04/15 - FPC joins GlobalPlatform, the organization for standardizing the management of applications on secure chip technology, as its latest Participating Member - Fingerprints.com.
The Sweden-based company develops and produces biometric components and technologies that, through the analysis and matching of an individual’s unique fingerprint, verify the person’s identity.
Kevin Gillick, Executive Director of GlobalPlatform, comments: “GlobalPlatform continues to receive a huge amount of interest in its work to secure devices as more and more sensitive data is hosted on mobile handsets. Fingerprint technology can play a key role in authenticating a user’s secure access to mobile services so we are pleased to see further engagement from this market.”
Jӧrgen Lantto, Executive Vice President, CTO and Head of Strategy and Product Management at FPC, comments: “Fingerprint sensors enable enhanced security and convenience for secure transactions, among other use cases. GlobalPlatform is leading the standardization activities for secure trusted end-to-end solutions. Through our membership, we intend to contribute to further integration of fingerprint sensor technology into GlobalPlatform’s industry specifications, in order to drive further standardization in this area and promote global interoperability. This will enable more widespread use of GlobalPlatform’s standards and of fingerprint sensor technology”.
GlobalPlatform is a cross industry, not-for-profit association which identifies, develops and publishes specifications which facilitate the secure and interoperable deployment and management of multiple embedded applications on secure chip technology. Its proven technical specifications are regarded as the international industry standard for building a trusted end-to-end solution which serves multiple actors and supports several business models.
The freely available specifications provide the foundation for market convergence and innovative new cross-sector partnerships. The technology has been adopted globally across finance, mobile/telecom, government, healthcare, retail and transit sectors. GlobalPlatform also supports an open compliance program ecosystem to ensure the long-term interoperability of secure chip technology. As a member-driven association with cross-market representation from all world continents, GlobalPlatform membership is open to any organization operating within this landscape. Its 100+ members contribute to technical committees and market-led task forces.
About Fingerprint Cards AB (publ) (FPC)
Fingerprint Cards AB (fingerprints.com) develops, produces and markets biometric components 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 April 15, 2013, at 10:00 am. (CET).
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.