FPC Awarded new Smartphone DW From Existing Prominent Asian OEM Customer for Launch With Leading US Operator
GOTHENBURG, Sweden, September 2, 2013 /PRNewswire/ --
Fingerprint Cards' swipe sensor technology has been awarded yet another Design Win (DW) from an existing, well-renowned Asian OEM customer for an additional smartphone scheduled to be launched by a top US operator during the first quarter of 2014.
Fingerprint Cards (FPC) has earlier announced multiple mobile and tablet DWs in Japan, China and Korea, with the first phones in Japan and Korea recently launched to the market. FPC is now proud to announce another major follow-up DW from one of its most distinguished customers for launch with a major US operator. Due to the prevailing competitive situation, the mobile phone manufacturer and the operator want to remain anonymous until further notice.
Johan Carlström, CEO of FPC comments: "This design win is another milestone for our company. The first two market launches of our swipe sensor technology have been for operators in Japan and Korea. This latest DW is for a smartphone being launched by a top US operator, and we are proud that this important and innovative feature is being requested by a leading player in one of the world's principal markets. The latest DW is a result of the strong market recognition we are receiving for our world-class product quality and dedicated customer support. Due to its world-leading capacitive fingerprint technology, image quality and lower power consumption, FPC has now further strengthened its world-leading position in fingerprint sensors for mobile phones and tablets. We expect to secure additional multiple DWs with both new and existing customers during the remainder of 2013 and beyond.
*FPC definition of Design Win (DW): The decision by a device vendor (OEM or ODM) to start development of one or several commercial product(s) incorporating FPC's technology into such new product(s).
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 (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 September 02, at 16.45 p.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 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, firstname.lastname@example.org
SOURCE Fingerprint Cards AB