GOTHENBURG, Sweden, April 2, 2015 /PRNewswire/ --
Fingerprint Cards (FPC) has received an order for its touch fingerprint sensor FPC1025 from the distributor World Peace Industrial Group (WPI), part of WPG Holdings. Deliveries will commence during Q2 2015 although the major part of the shipments will take place during Q3 2015. The sensors will be used by smartphone manufacturers in China. The order value of 110 MSEK is included in the communicated revenue guidance of + 1 000 MSEK for 2015.
Jörgen Lantto, acting President and Chief Executive Officer of FPC, comments: "This is the third order we recently have received for deliveries of FPC1025. These orders show that our partners are increasingly going to use FPC1025 for deliveries to smartphone manufacturers in China."
Om 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. 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 Securities Market Act (2007:528) and/or the Financial Instruments Trading Act (1991:980). The information was issued for publication on April 2, 2015 at 8:05 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 invitation to acquire or subscribe for new securities in Fingerprint Cards in any jurisdiction.
For more information contact:
Jörgen Lantto, Acting CEO of Fingerprint Cards AB (publ), +46-31-60-78-20, firstname.lastname@example.org
SOURCE Fingerprint Cards