Fingerprint Cards has appointed Eplus Co., LTD., (Eplus) as additional distributor in South Korea.


Fingerprint Cards has appointed Eplus Co., LTD., (Eplus) as additional
distributor in South Korea.

Eplus, has been appointed by Fingerprint Cards AB (FPC) as additional
distributor in South Korea.

FPC has appointed Eplus as additional distributor in South Korea. As
well as Eplus' extensive distribution channels in the consumer
electronics component sector, the company will offer support and develop
customized solutions, thereby both facilitating integration and
expediting delivery times of total solutions for consumer electronics
OEM and ODM manufacturing customers in Korea .
Johan Carlström, President and CEO of FPC comments: “We are pleased to
cooperate with Eplus in Korea. Eplus is a reputable distributor growing
5% faster than the market and with a compound annual growth rate (CAGR)
of 8% over the past five years. We are confident that Eplus' extensive
network among the large Korean electronics manufacturers will quickly
generate new business and market share for FPC in Korea.”

Mr. DH Chang, President of Eplus comments: “We are very pleased to have
been appointed as distributor of Fingerprint Cards in Korea. Since Korea
is a rapidly growing market, we will continue to invest in customer
support resources for the quickly expanding Korean market to expand
FPC's business. We will offer our customers an even wider range of
products and solutions as a result of this partnership.”

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

Om 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 inGothenburg,Sweden.

Eplus Co., LTD
Eplus began its operations in 1998 as a Distributor of electronics
components in Korea. Being a major distributor for companies like
APPLIED MICRO, ATMEL, CMI, MTEKVISION, OMNIVIISON, REALTEK, VISUAL ON,
and SIERRA WIRELESS in Korea, Eplus has an extended network and customer
base in Korea, particularly in the consumer electronics components
sector.

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 September 29, 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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