FPC and Nok Nok Labs Deliver Infrastructure for Fingerprint-Based Strong Authentication
GOTHENBURG, Sweden and PALO ALTO, California, November 26, 2013 /PRNewswire/ --
Fingerprint Cards (FPC) and Nok Nok Labs today announced an end-to-end infrastructure solution for strong and simple online authentication using fingerprint sensors on smartphones and tablets.
"Through this partnership, we offer mobile and tablet OEMs the ability to quickly integrate FPC's swipe and touch-based fingerprint sensors that are now also enabled for strong online authentication," said Jӧrgen Lantto, Executive Vice President, CTO and Head of Strategy and Product Management at FPC. "This solution is the first result of our collaborative efforts to support the FIDO Alliance and is intended to help the alliance achieve its mission to transform the nature of online authentication, and to enable our customers to be part of its ecosystem."
"Nok Nok Labs' Multifactor Authentication Server allows any company to rapidly integrate smartphones and tablets using FPC's fingerprint sensors into their online authentication experience and minimize their reliance on weak passwords," said Phillip Dunkelberger, President and CEO, Nok Nok Labs. "Companies can now use fingerprint-based authentication as an 'ignition key' to create new classes of innovative and unique mobile experiences. Services such as mobile payments and user personalization can be implemented in ways that are more natural, faster and secure than before."
The two companies have initially implemented the joint solution utilizing the FPC1080 fingerprint sensor, Nok Nok Labs' client and server technology, and commercially available Android smartphones using the FPC1080 fingerprint sensor in order to demonstrate readiness to support the emerging FIDO-based ecosystem. As members of the FIDO Alliance, FPC and Nok Nok Labs are helping to define the FIDO Alliance's standards for universal strong authentication and are committed to supporting market adoption of the FIDO standard.
"We saw a tremendous opportunity to work with Nok Nok Labs to enable a rich and powerful ecosystem that will support FIDO standards and help realize the vision of the FIDO Alliance," said Mr. Lantto. Mr. Dunkelberger observed, "As a founding member of the FIDO Alliance, Nok Nok Labs appreciates the commitment of FPC to the FIDO Alliance. We expect that our collaboration will drive future innovation that will accelerate adoption of our joint commercial solution."
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.
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 the Nasdaq OMX Stockholm (FING B) and has its head office in Gothenburg.
About Nok Nok Labs
Nok Nok Labs, Inc., based in Palo Alto, CA, was founded to transform online authentication for modern computing. The company is backed by a team of security industry veterans from PGP, Netscape, PayPal & Phoenix, and have deep experience in building Internet scale security protocols and products. The company's ambition is to enable end-to-end trust across the web using authentication methods that are natural to end-users and provide strong proof of identity. For more information, visit http://www.noknok.com.
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 November 26, 2013, at 08.20 a.m. (CET).
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.
For more information contact:
Johan Carlström, CEO Fingerprint Cards AB (publ), +46(0)31-60-78-20, email@example.com
Tom Rice Merritt Group, Inc. 703-856-2218 firstname.lastname@example.org
SOURCE Fingerprint Cards AB