2010-06-10

Fingerprint Cards (FPC) signs Israeli representation agreement

PRESS RELEASE
Gothenburg, June 10, 2010

Fingerprint Cards (FPC) signs Israeli representation agreement

Fingerprint Cards (FPC) has appointed Maris Technologies Marketing Ltd. (Maris) as FPC’s representative in the Israeli market.

FPC is proud to appoint Maris, a representation company with its head office strategically located in Rehovet, outside Tel Aviv, as its representative in the Israeli market. Maris has extensive experience of biometry and systems, which will facilitate more rapid penetration of the Israeli market. Interesting applications developed in the Israeli market include various types of security systems for IT, the military, housing, offices and vehicles.

“Although Israel has only 7.4 million inhabitants, the country has more than 100 companies listed on the Nasdaq OMX Stock Exchange, which is more than the rest of Europe has in total. The majority of these are high-tech IT and telecom companies, which account for exports exceeding SEK 100 billion annually. Israel is also very advanced in security and biometrics. Through our cooperation with Maris, we hope to participate in the exciting development of the Israeli market,” comments FPC’s President, Johan Carlström.


For further information, please contact:
Johan Carlström, President of Fingerprint Cards AB(publ)
+46 (0)31-607820, investrel@fingerprints.com  
Fingerprint Cards AB(publ), Box 2412, SE-403 16 Gothenburg
www.fingerprints.com  

Fingerprint Cards AB (FPC) has developed biometric technology that through analysis and matching of an individual’s unique fingerprint verifies 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 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 telephones, where extremely rigorous demands are placed on such characteristics. FPC’s technology can also be used in IT and Internet products, for such applications as security and access control. Fingerprint Cards AB (FPC) is listed on Nasdaq OMX Stockholm (FING B) and has its head office in Gothenburg, Sweden.

Fingerprint Cards AB (publ) discloses this information in accordance with the Securities Market Act (2007:528) and/or the Financial Instruments Trading Act (1991:980). The information was issued for publication on June 10, 2010, at 8:00 a.m.