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INSIGHTS

Fingerprint Cards Awarded $1.2 Million Contract from Chinese Bank

Fingerprint Cards (FPC) has received an order from its distributor in China, Hardware & Software Technologies (HST). The order pertains to fingerprint sensors and is worth of more than US$1.2 million. In common with previous orders, this order will be used primarily in personal identification units for Internet banking. Delivery is scheduled for the fourth quarter of 2010 and the first quarter of 2011.

Fingerprint Cards (FPC) has received an order from its distributor in China, Hardware & Software Technologies (HST). The order pertains to fingerprint sensors and is worth of more than US$1.2 million. In common with previous orders, this order will be used primarily in personal identification units for Internet banking. Delivery is scheduled for the fourth quarter of 2010 and the first quarter of 2011.

“Today's order confirms that we are beginning to achieve our objective of a more uniform order flow, with somewhat smaller but more frequent orders. The order also confirms that we are establishing our position in the Chinese banking market both in terms of employees and bank customers,” said Lars Lundgren, Marketing and Sales VP at Fingerprint Cards.

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