
Fingerprint Cards says its reseller in China, Hardware & Software Technologies Co, has placed an order for fingerprint sensors worth MSEK 12.
The order is for sensors using the company’s newly developed packaging solution, for which volume production will start this month.
“Now that our bigger customers in China have carried out their tests and evaluations of our new product solution this has been approved and those customers have started to place orders,” says Lars Lundgren Jr, vice president of Marketing at Fingerprint Cards. “The major part of the deliveries will go to developers of biometric IT security products made for China’s financial sector. Beyond that the technology is used in a number of physical access products, but we also see an exciting future for new applications developed with our biometric technology aimed at China’s military sector.”
Lennart Carlson, CEO at Fingerprint Cards comments: “We have invested more than US$1 million in this new product and production solution. The work has taken a long time but we finally have a solution that can be produced efficiently and at the same time give us a sound sales margin. It is with great confidence we look forward to commencement of production and delivery to the market.”
Deliveries will be made during the final quarter of 2008.