March 15, 2013 03:20 AM EDT — STOCKHOLM, Sweden:
The Chinese smartphone supplier that has chosen the FPC 1080A is starting an Android Smartphone project this month and expects to release the first mobile phone models in the second half of 2013, both in China and internationally. The first model will use MediaTek’s Quad Core 3G/HSPA Android platform, the MT 6789, which FPC has excellent knowledge of since earlier porting projects of customer phones and tablets. Due to the prevailing competitive situation, the mobile phone player wants to remain anonymous until further notice.
Johan Carlström, President and Chief Executive Officer of FPC, comments: “China is the world’s largest market for smartphones, with a forecast sales volume of 430 million units in 2013. Chinese brands already account for a market share of more than 50%. This porting on the popular MediaTek Android Smartphone platform facilitates additional design wins on the same platform in China. Due to our world-leading capacitive fingerprint technology, image quality and power consumption, FPC is now established as the leading alternative for fingerprint sensors in smartphones and tablets. We expect a number of additional design wins in the booming China market during the months ahead.”
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 (FPC) is listed on NASDAQ OMX Stockholm (FING B) and has its head office in Gothenburg, Sweden.
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 March 15, 2013, at 08:00 a.m.
Contacts: Fingerprint Cards AB (publ), Johan Carlström, CEO, +46 31 60 78 20, email@example.com