Fingerprint Cards (FPC) will further extend partnership with Miaxis in China and especially towards the Chinese banking sector
Fingerprint Cards (FPC) has been the major supplier of silicon-based area sensors to Miaxis, China for several years and this situation will prevail as FPC launches its new and further enhanced version of the FPC1011F, the by far most deployed silicon-based area sensor in China.
Miaxis Biometrics Co. LTD, a leading provider of biometric products, and Fingerprint Cards AB, a leading provider of fingerprint sensors and systems, confirmed its partnership and cooperation regarding delivery of biometric products. Several hundreds of thousands of FPC1011F have already been shipped by Miaxis to all major Chinese banks.
Miaxis is a leading provider of bank security systems in China. Miaxis use FPC1011F in all categories of its silicon based fingerprint sensor-equipped products, allowing banks to safeguard against fraud in several situations such as bank teller applications, loan management, inter-bank payment systems, physical money transportations, bank server management, internet banking as well as physical access to various facilities in the banks and time & attendance of bank employees. Miaxis is also involved in large Chinese government programs requiring fingerprint readers, related to the plan by the Chinese government to issue a new ID card for the whole Chinese population, storing fingerprint information on the ID card.
Comments from Jerry Li, Miaxis Chairman and CEO
“FPC has for years been the leading supplier to Miaxis for silicon-based area sensors to the Chinese banking market for security applications such as bank teller identification, loan management, physical money transportation and internet banking. FPC has earned its leading position at Miaxis based on its market leading silicon-based area sensors “
Comments from Johan Carlström CEO of FPC:
Maxis is one of our key customers in China, which is the most important market for our area sensor. We are delighted to confirm our position as the major supplier to Miaxis for silicon based area sensors for various applications in the banking industry. We are also looking forward to cooperating with Miaxis for the large upcoming government programs related to the new ID card project in China.
About Miaxis Biometrics
Miaxis is the world leading biometrics products and solutions provider. Their products include fingerprint modules, fingerprint readers, fingerprint lock systems and bank teller authentication systems. With 12 years of experience in biometric applications, Miaxis enjoys a solid reputation in the banking and security markets. Since 2000, Miaxis products are not only widely used in China but also in Europe, Japan, Brazil, Africa, and other regions. Miaxis investors include Intel Corporation among venture capital investors. With more than 100 patents, Miaxis is China’s number one biometrics company specializing in biometrics products, R&D, manufacturing and distribution. Learn more at www.miaxis.com and www.miaxis.net
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.
For further information, contact:
Johan Carlström, CEO of Fingerprint Cards AB (publ), +46 (0)31-60 78 20, investrel@fingerprints.com
Fingerprint Cards AB (publ), Box 2412, SE-403 16 GOTHENBURG, www.fingerprints.com
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 May 14, 2012, at 8:00 a.m.
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