FPC signs Joint Agreement with global leader in modules, targeting sales of 20-40 million units in 2012-14.

FPC signs Joint Agreement with global leader in modules, targeting sales of
20-40 million units in 2012-14.

Fingerprint Cards (FPC) has signed a Joint Development & Production Agreement
with a global leader in manufacturing and sales of modules for mobiles and
tablets. The partner company, which is currently selling in excess of 100
million units annually to, among others, a majority of the world’s Tier 1 mobile
phone players, prefers to remain anonymous at this time for competitive reasons.
The partner will integrate the FPC swipe sensor silicon into its Biometric
modules, which will be supplied to existing and new customers, targeting an
initial volume of 20 – 40 million units 2012-2014.

In this cooperation, FPC’s leading swipe silicon technology will be combined
with the partner’s leading experience in packaging of modules and its
well-established sales and supply channels to top mobile phone manufacturers. In
addition to finger sensor technologies, FPC will provide navigation capabilities
and attractive Android applications for security and convenience features.

The Biometric modules will have navigation capabilities while also adding
security capabilities as well as such convenience applications as short cuts to
various applications depending on which finger is swiped by the user. FPC has
initiated sample deliveries of silicon to the partner for its Biometric module
sample development, and promotion of the product to key customers has started.

Comments from Johan Carlström, CEO of FPC:
“We are proud and pleased to announce that we have entered into this Joint
Development and Production Agreement with a giant in this industry. This
company’s strong endorsement of FPC is yet another recognition of our
world-leading technology and production capabilities in the swipe sensor area,
in addition to our already well-established and leading position in the area
sensor market.

“The FPC swipe sensor silicon, which is 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 its use for
the control of user interfaces. These elements make FPC’s robust swipe sensor
solution the optimum choice for mobile phones and other types of mobile
high-volume products such as tablets, remote controls and USB keys.”

Comments from Thomas Rex, SVP Sales & Marketing of FPC:
“We are convinced that we have found an excellent partner that will help us
capture a large share of the market for our swipe sensor silicon and
technologies. The combined sales and marketing capabilities of FPC and its
partner will effectively address global demand from a wide range of leading
mobile phone and tablet players.“

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

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 (FPC) is listed on 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 March 27, 2012, at
8:00 a.m.

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