FPC signs DA with leading ODM and the swipe sensor is integrated into their platform for smartphones and pads

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Fingerprint Cards (FPC) new swipe sensor, the FPC1080A, is currently being integrated into the mobile platform of an Asian Tier 2 mobile manufacturer that also is a leading ODM (Original Design Manufacturer) of smartphones and pads. The company, which wishes to remain anonymous for competitive reasons, has also appointed FPC as its main supplier of sensors and a DA (Development Agreement) between the companies has been signed.

The integration of a fingerprint sensor into mobile phone and pads creates a product through which convenience is optimally combined with high security. Potential applications include secure mobile payments, the protection of personal information, PIN-code substitution, increased flexibility for screen locks and other application areas in which the user’s identity has to be ascertained.

Comments from Johan Carlström, CEO of FPC: "We are proud and pleased to announce that we have signed a Development Agreement with a leading ODM of mobile phones and pads. Our world-leading swipe sensor FPC 1080A is currently being integrated into this ODM’s platform for smartphones and pads. The agreement covers future deliveries of fingerprint systems, including both hardware and software. “

The FPC1080A, the world’s smallest and most power-efficient fingerprint sensor developed for mobile applications, uses FPC’s patented scanning technology and delivers world-leading 3D image quality, with 508 dpi resolution. In addition to the intelligent image management, the sensor features integrated hardware support for navigation, thus enabling the sensor to be used for the control of user interfaces. These elements make the robust FPC1080A the optimum choice for smartphones and other types of mobile high-volume products such as pads, remote controls and USB keys. 
 
 

For further information, contact:

Johan Carlström, President and CEO, Fingerprint Cards AB (publ), +46 31-607820, investrel@fingerprints.com
Fingerprint Cards AB (publ), Box 2412, SE-403 16 Gothenburg, Sweden, www.fingerprints.com

About Fingerprint Cards AB (FPC)
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 can also be used in IT and Internet security products, as well as access control, etc. Fingerprint Cards AB (FPC) 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 the Financial Instruments Trading Act (1991:980). The information was issued for publication on December 13, 2011, at 8.00 a.m.

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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