GOTHENBURG, Sweden, May 15, 2014 /PRNewswire/ --
Fingerprint Cards' (FPC's) mobile touch sensor, the FPC1020, has received a new design win (DW*). A Chinese Top 3 smartphone OEM has selected FPC1020 for a flagship model with a targeted launch date during the fourth quarter of 2014.
FPC is proud to announce this DW with a Chinese Top 3 smartphone OEM, which prefers to remain anonymous until further notice.
Johan Carlström, President and Chief Executive Officer of FPC, comments:
"FPC is the globally leading supplier for capacitive touch fingerprint sensors and the globally leading supplier for fingerprint sensors in mobile phones and tablets. By combining these strengths, FPC has developed the most attractive mobile touch fingerprint sensor on the planet. It is with great pride that we announce another DW for the FPC1020 and with a Chinese Top 3 smartphone OEM in a flagship model. As a result of superior fingerprint technology and image quality combined with low power consumption, FPC has outdistanced the competition for sockets in mobile devices such as smartphones and tablets."
*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 May 15, 2014 at 08.00 am 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 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, email@example.com
SOURCE Fingerprint Cards AB