Fingerprint Cards AB notes media- and market speculation
Fingerprints notes this morning's media and market speculation regarding the preparation of a possible takeover bid for the company's shares. In accordance with the company's policy, Fingerprints does not comment on rumors or speculation or other facts circulated in the media unless the company is obligated to do so. The stock exchange has however, in accordance with its rules, required the company to comment on the information.
The company has received a letter regarding the preparation of a possible takeover bid for the company's shares. Since the overall assessment is that the probability for the offer plans being realized is low, the company does not consider that the information constitutes insider information. The company has therefore not had an obligation to independently comment on the information.
The company will hereafter not comment on rumors or speculation or other facts circulated in the media unless there is an obligation for the company to do so.
Fingerprint Cards AB, Fingerprints, with its Swedish roots, is the leading global biometrics company, whose mission is to spearhead the development of biometric interaction that facilitates the convenience and integrity of the individual. Its value is proven daily by users in millions of devices, through billions of touches, who are their own key - quite simply, with a human touch. Fingerprints develops biometric systems comprising sensors, algorithms, software and packaging technologies. The success is based on product development at the cutting edge of technology, which results in world-leading products in terms of security, convenience and performance. The current product range consists largely of fingerprint sensors and customers are primarily manufacturers of smartphones and tablets, where the company is market leading. As the use of biometric solutions increases, Fingerprints is working to broaden its offering by using different biometric techniques, or modalities, and to identify other market segments where the solutions can be used, such as smart cards, PCs, automotive and online devices (IoT). Most of the more than 500 employees work in Sweden, but the company has offices worldwide, from Shanghai to Silicon Valley.