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Fingerprint Cards AB: FPC receives first order worth SEK 4 M for FPC 1020 touch sensor related to pre-ramp production for Tier 1 flagship smartphone DW

In December 2013, Fingerprint Cards (FPC) announced the first design win (DW)
for its new mobile touch sensor FPC1020 with a Global Tier 1 OEM for a
flagship model with a targeted launch date in the summer of 2014. FPC has now
received an initial pre-ramp purchase order worth SEK 4 M for the FPC 1020,
for delivery in May 2014. During 2014, FPC expects to ship +3M units for this
flagship device alone.

Johan Carlström, President and Chief Executive Officer of FPC, comments:
"FPC is the leading global supplier of capacitive touch fingerprint sensors
and the leading global supplier of 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 the first purchase order for the FPC 1020 related to a smartphone
and with a Global Tier 1 player, on track for a timely launch. FPC's superior
fingerprint technology, image quality and low power consumption have
distanced FPC from any competition for touch sensors 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).

For more information contact:

Johan Carlström, CEO Fingerprint Cards AB (publ), +46 (0) 31-60 78

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 April
14, 2014 at 08.00 am 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
an offering to acquire or subscribe for any of the company's securities in
any jurisdiction.

Press release (PDF)


This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Fingerprint Cards AB via Globenewswire


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