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Fingerprint Cards Secures Supplementary Order in China Valued At Slightly Less than SEK 16M - Fingerprint Cards’ (FPC) Chinese distributor Hardware & Software Technologies Co. Ltd (HST), has placed an additional order valued at slightly less than SEK 16 M for the FPC1011F area sensor
Fingerprint Cards Secures Supplementary Order in China Valued At Slightly Less than SEK 16M

 

PRZOOM - /newswire/ - Gothenburg, Sweden, 2011/02/23 - Fingerprint Cards’ (FPC) Chinese distributor Hardware & Software Technologies Co. Ltd (HST), has placed an additional order valued at slightly less than SEK 16 M for the FPC1011F area sensor.

   
 
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HST’s order, for which delivery is scheduled to begin in the current quarter and then on a rolling basis through 2011, pertains to the FPC1011F, FPC’s leading area sensor. The sensors will be integrated with such products as identification units for bank personnel, identification units for bank transactions via the Internet (so-called U-key), cash terminals for banks and stores, door locks and mobile payment units.

Lars Lundgren Jr, Vice President Marketing at Fingerprint Cards says: “HST continues to be one of FPC’s closest partners and through today’s order, combined with the efforts it is making with FPC in China, this relationship is being further solidified. In addition to the strong position FPC holds as a supplier of sensors for bank employees in China, many other market segments are being cultivated, in which we hope to achieve further success with HST in 2011.”

Fingerprint Cards AB (Fingerprint Cards) develops, produces and markets biometric technology, which, through analysis and matching of an individual’s unique fingerprint, verifies the person’s identity. The technology consists of biometric sensors, processors, algorithms and modules that can be used separately or combined. The competitive advantages offered by Fingerprint Cards’ 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, which impose extremely rigorous demands on these characteristics. Fingerprint Cards’ technology (fingerprints.com) can also be used in such areas as IT, Internet security and access control. Fingerprint Cards AB (Fingerprint Cards) is listed on Nasdaq OMX Stockholm (FING B) and has its head office in Gothenburg, Sweden.

Publication pursuant to Swedish legislation: 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 Valued At Slightly Less than SEK 16M

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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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