STOCKHOLM--(BUSINESS WIRE)--Regulatory News:
Fingerprint Cards’ (FPC) (STO:FINGB) swipe sensor technology has been awarded additional Design Wins (DW) from an existing, renowned, Tier 2 Asian customer for an additional smartphone plus one tablet PC, both scheduled to be launched in the market during Q4 2013.
Fingerprint Cards has earlier announced multiple mobile and tablet design wins in Japan, China and Korea, including several follow-up DW. The company is now delighted to announce another follow-up DW from one of its most distinguished customers. Due to the prevailing competitive situation, the mobile phone manufacturer wants to remain anonymous until further notice.
Johan Carlström, CEO of FPC comments: “This design win is an add-on and follow-up DW from one of our earlier DWs we have informed the market about. These additional products will be launched during Q4 of 2013, in time for the critical Christmas sales period. As a result of its world-leading capacitive fingerprint technology, image quality and lower power consumption, FPC has now further strengthened its world-leading position in fingerprint sensors in mobile phones and tablets. We expect to secure additional multiple DWs in the coming months.
*FPC definition of Design Win (DW): The decision by a device vendor (OEM or ODM) to start development of one or several commercial product(s) incorporating FPC’s technology into such new product(s).
About Fingerprint Cards AB (publ)
Fingerprint Cards AB (FPC) 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 (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 September 17 at 9.40 a.m.
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