Fingerprint Cards AB (FPC) (STO:FINGB) has received an order for 100,000 units of its swipe sensor technology, for delivery in January 2013. This volume will cover the initial pilot run for mobile phones in Japan scheduled for launch in the second quarter of 2013. Larger orders for the second-quarter launch are expected from April and onwards.
“The timing of this initial mass production order is earlier than we had expected in our most optimistic forecast and confirms that the launch of our technology in Japanese mobile phones is progressing according to plan” says Johan CarlstrÃ¶m, President and CEO of Fingerprint Cards AB.
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.