GOTHENBURG, Sweden, July 2, 2015 /PRNewswire/ --
Fingerprint Cards has received an order for its touch fingerprint sensors FPC1025, FPC1035, FPC1145 and FPC1155 from the distributor World Peace Industrial Group (WPI), part of WPG Holdings. WPI is one of FPC's distributors in Asia. Deliveries are planned to take place during Q3 and Q4 2015. The sensors will be used by smartphone manufacturers in Asia. The order value of 268 MSEK is included in the communicated revenue guidance of approximately 2,200 MSEK for 2015.
Jörgen Lantto, CEO of FPC, comments: "This order is another evidence of the growing interest from smartphone OEMs in integrating touch fingerprint sensors in their devices. Thanks to FPC's leading technology and broad portfolio we have a strong position in this growing market. It is clear that 2015 is the year of the major breakthrough in the use of touch fingerprint sensors in smartphones."
About Fingerprint Cards AB (publ)
Fingerprint Cards AB (FPC) is a high tech and listed company which develops, produces and markets biometric technology that through the analysis and matching of an individual's unique fingerprint verify the person's identity. A secure and convenient user experience is thus made possible, beyond keys and pins. The FPC technology offers world class advantages and includes unique image quality, extreme robustness, low power consumption and complete biometric systems. With these advantages and in combination with low production costs the technology may be implemented in large volume products such as smartphones, tablets and biometric cards where these demands are extremely high. FPC's technology has user cases from a number of applications.
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 July 2, 2015, at 8:00 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 invitation to acquire or subscribe for new securities in Fingerprint Cards in any jurisdiction.
For more information, please contact:
Jörgen Lantto, President and CEO Fingerprint Cards AB (publ), +46-(0)31-60-78-20, firstname.lastname@example.org
SOURCE Fingerprint Cards