STOCKHOLM–(BUSINESS WIRE)–Regulatory News:
Fingerprint Cards (FPC) (STO:FINGB) is joining Mobile Heights, an industry-driven triple-helix initiative where members cooperate to boost the mobile ecosystem in southern Sweden to further leverage the establishment of FPC’s development office in Lund. This membership allows FPC to tap into the vast experience in mobile technology in the region and supports the company’s continued expansion.
Mats Ekstrand, CEO of Mobile Heights, comments: “Mobile Heights is an entrepreneurial community, where startups and established operations in the mobile industry benefit from each other’s expertise. I am very pleased to welcome Fingerprint Cards to this part of southern Sweden and as a member of Mobile Heights, considering that fingerprint technology is expected to play a major role in increasing ease of use, security and convenience for many new use cases.”
Jӧrgen Lantto, Executive Vice President, CTO and Head of Strategy and Product Management at FPC, comments: “Due to the fantastic traction we are having in the market by bringing forward the best fingerprint sensor technology for mobile devices, we have decided to accelerate our development efforts. We are now continuing our expansion in Lund, where world-class expertise in mobile technology is available and where leading device OEMs have a strong R&D presence. Through our membership in Mobile Heights and activities to drive the ecosystem, we intend to contribute to further integration of fingerprint sensor technology into new devices and solutions.”
About Mobile Heights
Mobile Heights is an industry-driven triple-helix initiative where members cooperate to boost the mobile ecosystem. By investing in research, open innovation and entrepreneurship, the shared vision is to maintain and strengthen the region as an international hotspot for mobile communications and its entire value chain. Mobile Heights is a member-financed, non-profit organization. Relevant companies, industry associations, academic institutions and public organizations are invited to join Mobile Heights in its mission of strengthening the region as a hotspot for mobile innovation. The prerequisites for membership include a high level of expertise, active contribution to the achievement of the organization’s objectives and an established operation in the region.
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.
The information was issued for publication on May 30, 2013, at 08:00 a.m.
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