FPC strengthens Supply Chain Management and appoints Magnus Hansson as Senior Sourcing Director
ET | Source:Fingerprint Cards AB
Fingerprint Cards (FPC) is strengthening its Supply Chain Management and has
hired Magnus Hansson as Senior Sourcing Director.
As a result of FPC’s recent successes and expansion, a need has arisen to
strengthen the company’s purchasing function and production handling. Magnus
will focus primarily on FPC’s purchasing and production control methods, as well
as further developing processes to ensure cost-efficient and secure supply of
the company’s components and products.
Magnus Hansson has many years of experience from executive positions at Ericsson
and ST-Ericsson in Lund, where he held such posts as Vice President, Sourcing &
Supply, Head of Purchasing and Technology Licensing, and most recently SVP 3G
and LTE Modem Solutions. Prior to this, Magnus worked primarily with product
development and product management.
Johan Carlström, CEO of FPC comments: “Magnus will be a fantastic addition to
the team in our current expansion phase. I am convinced that his extensive
experience, knowledge and network make him the right person to drive forward the
development of Supply Chain Management and our purchasing function. I believe
Magnus will also contribute strongly in other areas of FPC’s operations with his
broad background in technology development, particularly in the telecom
For further information, please contact:
Johan Carlström, CEO of Fingerprint Cards AB (publ), +46 (0)31-60 78 20,
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, Sweden.
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 January 18, 2013,
at 10:00 a.m.
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 Fingerprint Cards securities in any
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