FPC Receives Touch Fingerprint Sensor Order of 75 MSEK

GOTHENBURG, Sweden, March 19, 2015 /PRNewswire/ --

Fingerprint Cards (FPC) has received an order for its touch fingerprint sensor FPC1025 from one of its module partners. The order value is 75 MSEK and delivery will take place between March and July 2015. The sensors will be used by smartphone manufacturers in China. This order is included in the communicated revenue guidance of + 1 000 MSEK for 2015 that we restated in the Q4 2014 report on February 26^th.

Jörgen Lantto, acting President and Chief Executive Officer of FPC, comments: "After the previously announced launches of Huawei Ascend Mate 7 (using FPC1020) and Oppo N3 (using FPC1021), multiple smartphone manufacturers in China have selected FPC1025 as their touch fingerprint sensor. This order confirms that FPC1025 will be integrated in smartphones to be launched progressively from Q2 2015 and onwards."

About Fingerprint Cards AB (publ)

Fingerprint Cards AB (FPC) develops, produces and markets biometric components 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. 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 Securities Market Act (2007:528) and/or the Financial Instruments Trading Act (1991:980). The information was issued for publication on March 19, 2015 at 08:00 a.m. (CET)

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 invitation to acquire or subscribe for new securities in Fingerprint Cards in any jurisdiction.

For more information contact:
Jörgen Lantto, Acting CEO of Fingerprint Cards AB (publ), +46-31-60-78-20, [email protected]

SOURCE Fingerprint Cards AB