Mats Svensson to move on to new assignments
Mats Svensson has informed the Board of Directors and the Nomination Committee of Fingerprint Cards AB that he intends to step down from the Board of Directors and the Nomination Committee in order to concentrate on his new operational role in one of his other investments. Mats will continue to serve on the Board of Directors until an extraordinary general meeting has been held, which is scheduled to take place during November 2013.
“I have arrived in a situation where I have to assign priority to my new operational role in one of my other investments ahead of work on the Board of Directors of Fingerprint Cards. During my years on the Board, we have embarked upon a journey towards becoming a world-leading biometrics company, and I am convinced that the company is currently very well equipped to face an exciting future,” says Mats Svensson.
“We would like to thank Mats for his great efforts as Chairman of the Board of Fingerprint Cards, which were of considerable value during a critical stage of the company’s build-up, and to wish him every success in his work with his other holdings,” comments Johan Carlström, Chief Executive Officer of Fingerprint Cards.
Effective today, Mats Svensson sold all of his shares in Sunfloro AB, which owns all of the Class A shares in Fingerprint Cards AB, to Johan Carlström, Ola Rollén (through companies) and Lars Söderfjell.
Sunfloro AB has decided to nominate Lars Söderfjell as a new member of the Fingerprint Cards AB Nomination Committee, which in addition to Söderfjell will consist of Dimitrij Titov and Tommy Trollborg. The Nomination Committee’s proposal concerning a new Board of Directors of Fingerprint Cards AB will be announced well in advance of the extraordinary general meeting.
For more information contact:
Johan Carlström, CEO Fingerprint Cards AB (publ), +46 (0) 31-60 78 20, investrel@fingerprints.com
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 at 3PM, on September 11, 2013.
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 constituent information in accordance with the rules and regulations prevailing in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any of the company’s securities in any jurisdiction.
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