Press release
September 21, 2017 Fingerprints becomes a member of Eurosmart
World-leading biometrics company Fingerprint Cards (Fingerprints(TM)) is taking another important step forward in its smart card strategy and has been accepted as an executive member of the international association Eurosmart.
Founded in 1995, Eurosmart is committed to expanding the world's smart secure devices market, developing smart security standards and continuously improving the quality of security applications. The association brings together companies from a variety of sectors, including digital identities, data protection, cybersecurity, Internet of Things, and payments. Eurosmart also promotes its members interest towards legislators and decision-makers within the EU.
"Collaboration is key in the smart card ecosystem, let alone to accelerate the new market for fingerprint enabled cards, where there are various stakeholders spanning over many sectors. Eurosmart is an important association that is facilitating this work. We are therefore proud to be working with the world leading suppliers, in Eurosmart, integrating biometric authentication for enhanced security and convenience in smart cards and advancing this market together", said Thomas Rex, SVP, Business Line Smart Card, at Fingerprints.
As an executive member of Eurosmart, and appointed to lead the Biometrics Committee, Fingerprints will actively contribute to the working group on Biometrics, specifically it is Fingerprints' intention to establish criteria as well as proof of biometric performance, its security and privacy to ensure its acceptance in the security infrastructure of electronic payment transactions, e-government, e-banking and corporate Identity Access Management.
Didier Sérodon, President of Eurosmart, pointed out that both governments and digital industries are increasingly interested in biometric solutions. "It is a pleasure to have a leading company such as Fingerprints on board", he underlined. "Biometry is coming in everybody's life, it is an integral part of the smart and secure world of the future. We are looking forward to working with Fingerprints in order to integrate biometric authentication into smart security".
To learn more about Eurosmart, please visit: www.eurosmart.com
For more information, please contact: Thomas Rex, Senior Vice President, Business Line Smart Cards at Fingerprints. Investor Relations, Fingerprint Cards AB (publ) Tel: +46(0)10-172 00 10 E-mail: investrel@fingerprints.com Press office, Fingerprint Cards AB (publ) Tel: +46(0)10-172 00 20 E-mail: press@fingerprints.com
About Fingerprint Cards AB (publ) Fingerprint Cards AB, Fingerprints, with its roots in Sweden, 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. The value of biometrics is proven daily by users of millions of devices, through billions of touches, each of which is their own key - put simply, access 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, yielding 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, areas in which 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, also called IoT. The Fingerprints share is listed on Nasdaq Stockholm (FING B). The company has demonstrated strong growth and sales in 2016 totaled SEK 6,638 M, with an operating margin of 39 percent. While most of the more than 500 employees work in Sweden, Fingerprints has offices worldwide, from Shanghai to Silicon Valley.
The information was submitted for publication, through the contact person set out above, on September 21, 2017 at 08:20 CEST.
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