LONDON, October 13, 2010 /PRNewswire/ -- The 2010 Frost Sullivan Europe Product Line Strategy Award in Fingerprint Verification Components and Systems is presented to Fingerprint Cards AB (FPC).
For more than a decade, FPC has been operating in the biometrics industry with the prime focus on designing and developing, marketing and selling and/or licensing its core technology of fingerprint biometrics, notes Frost Sullivan Research Analyst Suchismita Das. Superior and robust biometric solutions have enabled the company to position itself as a major developer and supplier of fingerprint verification components and systems to more than 2,000 customers, including both small and large-sized ones, throughout the world.
The company's extensive product portfolio - fingerprint sensors, biometric processor applications-specific integrated circuits (ASICs), biometric sub-modules, development kits along with other fingerprint verification components and systems - have been developed to meet varied verification needs.
Its FPC1011F area sensor is a high-quality robust fingerprint sensor. Proprietary 3D pixel sensing technology enables the fingerprint area sensor to virtually read any finger, whether wet or dry.
Moreover, FPC has successfully designed several generations of biometric processors and sensors such as FPC2020 (ASIC) and FPC1031 (swipe sensor). Its robust biometric modules, FPC-AM3, enable easy integration and offer superior performance.
In addition to customisation options, FPC also offers price benefits to its customers, such as bulk pricing privileges, remarks Das. Furthermore, the company helps its customers with product design; it reviews the customer's design and then enhances it with FPC technology for optimal performance. These value-added services have been instrumental in making FPC the preferred choice of customers.
FPC is at the forefront in the three major markets in which it operates - complementary metal-oxide-semiconductor (CMOS) area-based sensors and subsystems, CMOS swipe-based sensors and subsystems and specialised projects based on its technology in wafer format.
FPC has had a significant impact in the CMOS area-based sensors and subsystems market, adds Das. In 2007, FPC became the biggest supplier of biometric authentication systems for the Chinese banking sector, underlining the appeal of its high quality biometric technology.
FPC is set to be a top participant in the CMOS swipe-based sensors and subsystems sector due to its innovative technologies. In the customised wafer-based projects market, FPC has already rendered its technology and support to many customised projects, principally for advanced card projects.
Although the core business concept of FPC is delivering components and complete systems based on its patented fingerprint technology, it is also strong in the area of small and cost-effective embedded systems, states Das. FPC serves the smart card, mobile phones and financial and banking sectors with its unique fingertip verification technology. Its area sensor technology has been successfully used in applications such as access control in buildings, time and attendance, in computers and IT networks and other strong security zones.
For the Product Line Strategy Award, the following criteria were used to benchmark FPC's performance against key competitors: breadth of product line, size of addressable customer base, impact on customer value, impact on market share and, breadth of applications/markets served.
Frost Sullivan Best Practices Awards recognise companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research in order to identify best practices in the industry.
About Fingerprint Cards AB
Fingerprint Cards AB (publ) (FPC) develops biometric technology, which, through analysis and matching of an individual's unique fingerprint, verifies the person's identity. The technology consists of biometric sensors, processors, algorithms and modules that can be used separately or combined. The competitive advantages offered by FPC's technology include unique image quality, extreme robustness, low power consumption and complete biometric systems. With these advantages and the ability to achieve extremely low manufacturing costs, the technology can be implemented in volume products, such as smart cards and mobile telephones, which impose extremely rigorous demands on these characteristics. FPC's technology can also be used in IT and Internet products for security and access control. Fingerprint Cards AB (FPC) is listed on Nasdaq OMX Stockholm (FING B) and has its head office in Gothenburg, Sweden.
Fingerprint Cards AB Contact: Fingerprint Cards AB Lars Lundgren Jr Vice President Marketing Sales V. Hamngatan 8 P.O. Box 2412 SE-403 16 Gothenburg SWEDEN Tel: +46-31-60-78-20 email@example.com http://www.fingerprints.com
About Frost Sullivan
Frost Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best-in-class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best-practice models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost Sullivan leverages over 45 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from 40 offices on six continents. To join our Growth Partnership, please visit http://www.awards.frost.com.
Frost Sullivan Contact: Ciara Jamie Connolly | Senior Events Promotions Executive/ EMEA | Best Practices | Frost Sullivan, firstname.lastname@example.org P: +44-(0)-207-915-7868 | F: +44-(0)-207-730-3343 | http://www.frost.com
SOURCE: Frost SOURCE: Sullivan
CONTACT: Lars Lundgren Jr, Vice President, Marketing Sales ofFingerprint Cards AB, +46-31-60-78-20, email@example.com; or CiaraJamie Connolly, Senior Events Promotions Executive/ EMEA | Best Practicesof Frost Sullivan, +44-(0)-207-915-7868, fax, +44-(0)-207-730-3343,firstname.lastname@example.org