GOTHENBURG, Sweden, May 11, 2015 /PRNewswire/ -- Fingerprint Cards (FPC) has received an order for its touch fingerprint sensors FPC1025 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 2015 and the sensors will be used by smartphone manufacturers in China. The order value of 235 MSEK is included in the communicated revenue guidance of + 1 000 MSEK for 2015.
Jorgen Lantto, acting President and Chief Executive Officer of FPC, comments: "This order, of which its value is similar to FPC's total revenues for 2014, shows that touch fingerprint sensors are now being established as a standard component in a growing share of the smartphone market. Our broad portfolio of touch fingerprint sensors, which can be integrated in many different ways into the smartphone OEMs' products, gives us good possibilities to capture a large share of this fast growing market."
About 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 May 11, 2015 at 8:00 a.m. (CET)
IMPORTANT INFORMATION
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: Jorgen Lantto, Acting CEO of Fingerprint Cards AB (publ), +46-31-60-78-20, investrel@fingerprints.com.
