Fingerprint Cards AB (FPC) employs Thomas Rex as Senior Vice President Sales & Marketing

STOCKHOLM--()--Regulatory News:

As Senior Vice President Sales & Marketing, Thomas will be a member of FPC’s (STO:FINGB) management group and responsible for marketing, sales and business development. Thomas, who is a graduate engineer from Lund University, joins FPC from Nanoradio, where he has been employed as the Vice President Sales since 2008 and before that at Ericsson Mobile Platforms, where he had been Vice President Sales Asia since 2001.

Thomas has solid experience of successful sales to giants in consumer electronics, primarily suppliers that develop mobile phones, tablet PCs, e-readers, cameras and modules. Thomas has extensive experience of telecommunications and, in addition to sales, also worked with business development, product management and standardization in the Ericsson Group between 1988 and 2008.

“FPC is a very exciting company, with both a profitable customer base for its area sensors and major potential for its new swipe sensors, which are now being mass produced. I am looking forward to the opportunity to market and sell biometric products to the established customer base as well as to new customers in several industries,” comments Thomas Rex.

“Thomas’s extensive experience of sales to major mobile manufacturers globally but primarily in Asia (where he worked for seven years) makes him the perfect candidate for the role as SVP Sales & Marketing at FPC. I’m convinced that Thomas is the right person to increase FPC’s sales, particularly of our new and highly competitive swipe sensors,” says Johan Carlström, President of FPC.

In conjunction with the recruitment of Thomas Rex, the following reorganization will be implemented to strengthen FPC’s presence and performance in regional areas as well as new industries:

Lars Lundgren Jr. will assume a new challenge as VP Business Development, where he will focus primarily on creating and developing FPC’s various alliances and partnerships, including those within the eco system pertaining to secure mobile payments, card projects and the NFC cooperation.

Anders Blom will assume a new position as Sales Director OEM/ ODM and will focus on direct sales primarily to manufacturers of smart phones, tablet PCs and other mobile applications.

James Wei has been appointed new Regional Director Asia, from where we will endeavor during 2012 to build a strong local sales and support organization for Taiwan, China, Korea and Japan.

Steven Tynan has been assigned a new role in local business development in Asia and will focus on alliances, partnerships and cooperation involving secure payments.

Fingerprint Cards AB (publ), Box 2412, 403 16 GOTHENBURG,

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 Securities Market Act (2007:528) and the Financial Instruments Trading Act (1991:980).The information was issued for publication on November 17, 2011 at 8.00.

About Fingerprint Cards AB (FPC)

Fingerprint Cards AB (FPC) 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 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, which impose extremely rigorous demands on these characteristics. FPC’s technology can also be used in such areas as IT, Internet security and access control.

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 securities in any jurisdiction

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Johan Carlström, President and CEO Fingerprint Cards AB (publ),
031-60 78 20,


Johan Carlström, President and CEO Fingerprint Cards AB (publ),
031-60 78 20,