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Fingerprint Cards Secures Supplementary Order in China Worth Slightly More than SEK 9 M - Fingerprint Cards AB (FPC) has received an additional order worth slightly more than SEK 9 M from its distributor in China, Hardware & Software Technologies Co. Ltd (HST)
Fingerprint Cards Secures Supplementary Order in China Worth Slightly More than SEK 9 M

 

PRZOOM - /newswire/ - Gothenburg, Sweden, 2010/12/16 - Fingerprint Cards AB (FPC) has received an additional order worth slightly more than SEK 9 M from its distributor in China, Hardware & Software Technologies Co. Ltd (HST).

   
 
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The order pertains to the FPC1011F, FPC’s market-leading fingerprint sensor, which will be used primarily in personal identification units for bank employees and also in private units for major bank clients. Delivery is scheduled for the first half of 2011.

Lars Lundgren Jr, Vice President Marketing at Fingerprint Cards says: “Today’s order is recognition of the favorable partnership between FPC and HST in the Chinese market. The order is also confirmation of the increasing demand for FPC products, primarily from the banking and financial sectors in China.”

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 (fingerprints.com) can also be used in IT and Internet products for security and access control. Fingerprint Cards AB (FPC) is listed on Nasdaq OMX Stockholm (FING B) and has its head office in Gothenburg, Sweden.

Publication is in accordance with Swedish law. Fingerprint Cards AB (publ) discloses this information pursuant to the Securities Market Act (2007:528) and/or the Financial Instruments Trading Act (1991:980).

 
 
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Fingerprint Cards Secures Supplementary Order in China Worth Slightly More than SEK 9 M

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Fingerprint Cards AB |
Contact: Johan Carlström - Fingerprints.com 
+46(0)31-607820 investrel[.]fingerprints.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
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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