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2016-02-23

Fingerprint Cards AB: Zwipe and Fingerprint Cards Announce Partnership

Two Leading Biometric Companies to Grow Smartcard Market

OSLO, NORWAY and GOTHENBURG, SWEDEN - 23 February 2016 -
Zwipe, A.S., and Fingerprint Cards AB (FPC) - two leaders in the development
and delivery biometric authentication technology today announced a strategic
partnership. The companies will take a leading role in developing the market
around biometric smartcards in the payment industry and carry out joint
activities and industry thought leadership.

Zwipe has developed and introduced the World's first biometric system that
fits into a standard credit card form factor. With its unique
energy-harvesting technology, the contactless payment card operates without a
battery, by simply taking the energy it needs from the payment terminal over
Near Field Communication (NFC) technology. By use of the low-energy consuming
and high performing sensor from Fingerprint Cards the solution has proven its
capabilities in pilots and tests performed by banks and leading actors in the
payment industry.

"Zwipe and Fingerprint Cards (FPC) have enjoyed a close relationship for
several years during a phase when Zwipe has been preparing its offering for
large-scale commercial roll-out. FPC is experiencing strong momentum and it
made sense for Zwipe to join forces with them to grow market receptiveness
within the biometric category of the rapidly growing smartcard market", said
Kim Kristian Humborstad, Founder and CEO of Zwipe.

Already present in the fast growing access control market with its Zwipe
Access product, Zwipe has completed several pilots in the payment vertical.

"With FPC's and Zwipe's respective strong market position, a partnership to
address specific markets was inevitable," adds Jörgen Lantto, CEO of
Fingerprint Cards AB. "FPC's leading extremely low-powered touch fingerprint
sensor technology combined with Zwipe's energy-harvesting technology brings
forward a very compelling combined offering. We are looking forward to
support Zwipe taking a leading position in biometric smart cards"

This strategic partnership between Zwipe and FPC will include joint marketing
activities around events and launches of smartcard related products,
including the upcomingMobile World Congressheld in Barcelona from 22 - 25
February. In addition, Zwipe and FPC will highlight each other's
technologies and benefits in strategic customer projects, further enabling
both companies to jointly drive their efforts and investments to deliver
value.

For more information, please contact:

Kirsten Pflomm, Zwipe, +1 401 369 1021,kirsten@zwipe.com

Malin Strandvall, Fingerprint Cards, +46 70 490 44
79,malin.strandvall@fingerprints.com

About Fingerprint Cards AB (publ)

Fingerprint Cards AB (FPC) is a high tech and listed company which develops,
produces and markets biometric technology that through the analysis and
matching of an individual's unique fingerprint verify the person's identity.
A secure and convenient user experience is thus made possible, beyond keys
and pins. The FPC technology offers world class advantages and include unique
image quality, extreme robustness, low power consumption and complete
biometric systems. With these advantages and in combination with low
production costs the technology may be implemented in large volume products
as smartphones, tablets and biometric cards where these demands are extremely
high. FPC's technology have user cases from a number of applications.

The information was issued for publication on February 23, 2016, at 08.00 AM.

About Zwipe

Starting in 2009, Zwipe challenged the status quo of identity verification by
replacing PINs and passwords with fingerprint authentication. After
developing the leanest, fastest and most power efficient fingerprint
algorithm in the world, Zwipe continued disrupting the industry through its
patented energy harvesting technology. No longer dependent on batteries,
Zwipe fingerprint readers harvest the energy needed from already existing
access, transport, border control and financial infrastructures. With its
already strong portfolio of patent applications, Zwipe continues to develop
and refine its innovative technology. For more information,
visitwww.zwipe.comor follow them on Twitter @Zwipe

Press release (PDF)
http://hugin.info/132202/R/1988273/729988.pdf

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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

HUG#1988273

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