Fingerprint Cards signs a MPA with a leading mobile manufacturer and the swipe sensor, FPC1080A, if integrated into their platform for smartphones


Fingerprint Cards signs a MPA with a leading mobile manufacturer and the swipe
sensor, FPC1080A, if integrated into their platform for smartphones

Fingerprint Cards (FPC) new swipe sensor, is currently being integrated in a
mobile platform by one the world-leading manufacturers of mobile phones, also
known as a “Tier 1 manufacturer*.” The company, which wishes to remain anonymous
for competitive reasons, has also approved FPC as a supplier of sensors and a
MPA (Master Purchase Agreement) between the companies has been signed.

The integration of a fingerprint sensor into a mobile phone 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 very proud and pleased to announce that we have signed our first Master
Purchase Agreement with a Tier 1 manufacturer of mobile phones and also that our
swipe sensors are being integrated into this company’s smartphone platform. The
agreement covers future deliveries of fingerprint systems, including both
hardware and software. At present, no decision has been made concerning the
model or models into which the swipe sensor will be integrated, but we hope that
such a decision will be made during the first half of 2012.

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
mobile phones and other types of mobile high-volume products such as tablets,
remote controls and USB keys.

* Tier 1 is defined as the 10 largest manufacturers of mobile phones in the
world, meaning:
Nokia, Samsung, LG, Apple, ZTE, RIM, HTC, Motorola, Huawei and Sony Ericsson.
 
 

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
Fingerprint Cards AB (FPC) is listed on the 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 December 6, 2011,
at 8:00 a.m.

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.

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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