SecurityWorldMarket

26/10/2008

Fingerprint Cards receives order from China

Gothenburg, Sweden

Fingerprint Cards´ reseller in China, Hardware & Software Technologies Co. Ltd (HST), has placed an order worth MSEK 15. The order concerns the company´s fingerprint sensors featuring the newly developed packaging design. Deliveries are planned for the first quarter of 2009 but may be stretched out into the second quarter.


Demand for the Company´s sensor technology in China continues to be good and is expected to increase markedly for next year. This is especially so for the market segment featuring biometric IT security products for the financial sector, one where the Company has already achieved a strong position. In the same region other product segments such as physical access are also seeing a growing demand for biometric technology according to HST.

Lars Lundgren Jr., VP marketing of Fingerprint Cards AB, comments: "After two solid years of increasing volumes of biometric security solutions delivered to the biggest banks in China, and using our sensor technology, we can now see an enlargement of this market. Moreover, the regional banks in that country have begun to implement biometric IT security solutions and our technology also has good opportunities to win a strong position here."


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