RegardingID Archive | Fingerprint Cards receives $2 million order

Monday, July 7, 2008

Fingerprint Cards AB, a Swedish fingerprint biometrics developer, received an order for more than $2 million from its reseller in China, Hardware & Software Technologies Co. Ltd.

The order is for sensors using the company´s newly developed and more efficient packaging solution, for which volume production will start now in July.

“We have invested more than one million US dollars in this new product and production solution,” says Lennart Carlson, CEO at Fingerprint Cards AB. “The work has taken a long time but we finally have a solution that can be produced in an efficient way and at the same time give us a sound sales margin. It is with great confidence we now look forward to commencement of production and delivery to the market.”

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Fingerprint Cards receives $2 million order