2010-06-09

Fingerprint Cards (FPC) opens Asian office in Shanghai and appoints Steven Tynan as Regional Director

PRESS RELEASE
Gothenburg, June 9, 2010

Fingerprint Cards (FPC) opens Asian office in Shanghai and appoints Steven Tynan as Regional Director APAC (Asia-Pacific)

FPC is to open a regional office for Asia in Shanghai, China, and has appointed Steven Tynan, 47, as Regional Director APAC, effective today. Asia, and particularly China, is currently FPC’s principal market and, consequently, FPC has chosen to open a regional office in Shanghai, the city in which a majority of western technology companies have elected to locate their China and regional offices. “China accounts for the largest portion of FPC’s sales and we expect continued strong growth in the country and the region in 2010 and 2011. To facilitate this development, we are now opening an office in the region”, says FPC’s President Johan Carlström.

Steven Tynan, who has ten years of experience in sales and business development from TDC, will be joining us from Precise Biometrics, where he was Regional Manager for Asia and stationed in Hong Kong since 2007.

“We’re delighted to have succeeded in recruiting Steven Tynan to FPC and I am convinced that Steven is the right person to further develop the market successes we have experienced in Asia and China, in particular, in recent years,” comments 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 9, 2010, at 8:00 a.m.