Press release
31 may 2017
Fingerprint Cards strengthens its position through cooperation with the new distributor Arrow Electronics
The world biometribolaget Fingerprint Cards (Fingerprints
TM
) included cooperation with a new distributor: Arrow Electronics, headquartered in Hong kong.
The cooperation will strengthen the Fingerprints position and help to develop additional channels into new markets and application areas.
“Asia’s Fingerprints largest market, and to further strengthen our position in this important market, we are pleased to be able to utilize the extensive relationships and the customer base as the Arrow has in the mobile, IOT, security and the automotive industry,” says Ted Hansson, Senior Vice President, Business Line Mobile, on Fingerprints.
“Arrow will help us to develop additional channels into new markets and application areas,” concludes Ted Hansson, Senior Vice President, Business Line Mobile, on Fingerprints.
Fingerprints have since the previous collaboration with 15 distributors, the majority of which are based in Asia.
If Arrow Electronics
Arrow Electronics is a global provider of products, services and solutions to industrial and commercial users of electronic components and enterprise solutions. Arrow has an extensive network of over 70 sales offices, key distribution centers and local warehouses in 13 countries/areas in the Asia – Pacific region. Arrow provides specialized services and expertise through the whole product life cycle and helps its customers to increase the level of innovation by providing a clear market solutions.
For more information, please contact:
Ted Hansson, Senior Vice President, Business Line Mobile at Fingerprint Cards
Investor Relations, Fingerprint Cards AB (publ)
Tel: +46(0)10-172 00 10 E-mail: investrel@fingerprints.com
Press office, Fingerprint Cards AB (publ)
Tel: +46(0)10-172 00 20 E-mail: press@fingerprints.com
About Fingerprint Cards AB (Fingerprints)
Fingerprint Cards AB, Fingerprints, is the leading global biometribolaget with Swedish roots, whose mission is to lead the development of biometric interaction that allows the individual’s convenience and privacy. The usefulness is evidenced daily in the millions of entities through billions of sensortryckningar of the user is his private key – in other words; with a human touch. Fingerprints develop biometric systems consisting of sensors, algorithms, software, and paketeringsteknologier. The success is based on product development with a technical excellence at the forefront, resulting in world-leading products in terms of safety, ease of use and performance. Current product range consists to the largest part of the fingeravtryckssensorer and the customers are primarily companies that manufacture smartphones and tablets where the company is the market leader. As the use of biometric solutions increase, seems Fingerprints in order to broaden the offer with more biometrimetoder, or modalities, and that solutions should be found also in other market segments such as smartcards, PC, vehicles and internet-connected devices (IoT). Fingerprints are listed on Nasdaq Stockholm (FING B). The company has had a strong growth and turnover in 2016 6 638 M, with an operating margin of 39 per cent. The majority of the more than 400 employed persons is in Sweden but the company has offices throughout the world, from Shanghai to Silicon Valley.
The information is such as Fingerprint Cards AB (publ) is obliged to publish under the Swedish securities market act and/or the law on trading with financial instruments. The information was submitted for publication, through the above contacts in the government, on 31 may 2017, at 13.30 CEST.
Important information
The release, publication or distribution of this press release in certain jurisdictions may be subject to restrictions. The recipient of this press release is responsible for using this press release and the information contained herein in accordance with the applicable rules in the respective jurisdiction. This press release does not constitute an offer of, or invitation to acquire or subscribe for any securities in Fingerprint Cards in any jurisdiction.
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