Fingerprint Cards receives new order from China worth MSEK 12 - July 06, 2008
Fingerprint Cards´ reseller in China, Hardware & Software Technologies Co. Ltd. (HST), has placed an order for fingerprint sensors worth MSEK 12. Deliveries will be made during the fourth quarter of 2008. The order is for sensors using the Company´s newly developed and more efficient packaging solution, for which volume production will start now in July. This follows development work that has taken more than one and a half year.
Mr Lars Lundgren Jr, Vice President Marketing at Fingerprint Cards AB says: “Now that our bigger customers in China have carried out their tests and evaluations of our new product solution this has now been approved and those customers have started to place orders. The major part of the deliveries will go to developers of biometric IT security products made for China´s financial sector. Beyond that the technology is used in a number of physical access products, but we also see an exciting future for new applications developed with our biometric technology aimed at China´s military sector.”
Lennart Carlson, CEO at Fingerprint Cards AB comments: “We have invested more than one million US dollars in this new product and production solution. The work has taken a long time but we finally have a solution that can be produced in an efficient way and at the same time give us a sound sales margin. It is with great confidence we now look forward to commencement of production and delivery to the market.”
For further details, please contact:
Lennart Carlson, CEO Fingerprint Cards AB
+46 31 60 78 20, investrel@fingerprints.com
Fingerprint Cards AB, Box 2412, S-403 16 Gothenburg, Sweden
www.fingerprints.com
Read more about Biometric Industry Events and Conferences.
Read more about Biometric Industry Useful Links.
Read more about Biometric Technologies:
Fingerprint, Iris Recognition, Hand & Finger, Facial Recognition, Voice/Speaker, Consultants, Smart Cards/Multimodal, Signature/Keystroke, 2D Barcodes, Sensors, Middleware/Software, Vascular Pattern Recognition
Read more about Biometric Applications:
Physical Access Control, Logical Access Control, Justice/Law Enforcement, Time and Attendance, Border Control/Airports, HIPAA, Financial/Transactional, Integrators/Resellers, Safes, Door Locks, Other
back
