FPC and Nok Nok Labs Deliver Infrastructure for Fingerprint-Based Strong Authentication

PR55149

GOTHENBURG, Sweden and PALO ALTO, California, Nov. 26 /PRN=KYODO JBN/ --

Fingerprint Cards (FPC) and Nok Nok Labs today announced an end-to-end

infrastructure solution for strong and simple online authentication using

fingerprint sensors on smartphones and tablets.  

"Through this partnership, we offer mobile and tablet OEMs the ability to

quickly integrate FPC's swipe and touch-based fingerprint sensors that are now

also enabled for strong online authentication," said Jorgen Lantto, Executive

Vice President, CTO and Head of Strategy and Product Management at FPC. "This

solution is the first result of our collaborative efforts to support the FIDO

Alliance and is intended to help the alliance  achieve its mission to transform

the nature of online authentication, and to enable our customers to be part of

its ecosystem."

"Nok Nok Labs' Multifactor Authentication Server allows any company to rapidly

integrate smartphones and tablets using FPC's fingerprint sensors into their

online authentication experience and minimize their reliance on weak

passwords," said Phillip Dunkelberger, President and CEO, Nok Nok Labs.

"Companies can now use fingerprint-based authentication as an 'ignition key' to

create new classes of innovative and unique mobile experiences.  Services such

as mobile payments and user personalization can be implemented in ways that are

more natural, faster and secure than before."

The two companies have initially implemented the joint solution utilizing the

FPC1080 fingerprint sensor, Nok Nok Labs' client and server technology, and

commercially available Android smartphones using the FPC1080 fingerprint sensor

in order to demonstrate readiness to support the emerging FIDO-based ecosystem.

As members of the FIDO Alliance, FPC and Nok Nok Labs are helping to define the

FIDO Alliance's standards for universal strong authentication and are committed

to supporting market adoption of the FIDO standard.    

"We saw a tremendous opportunity to work with Nok Nok Labs to enable a rich and

powerful ecosystem that will support FIDO standards and help realize the vision

of the FIDO Alliance," said Mr. Lantto. Mr. Dunkelberger observed, "As a

founding member of the FIDO Alliance, Nok Nok Labs appreciates the commitment

of FPC to the FIDO Alliance. We expect that our collaboration will drive future

innovation that will accelerate adoption of our joint commercial solution."

About Fingerprint Cards AB (publ)

Fingerprint Cards AB (FPC) develops, produces and markets biometric components

that through the analysis and matching of an individual's unique fingerprint

verify the person's identity. The technology consists of biometric sensors,

processors, algorithms and modules that can be used separately or in

combination with each other. The competitive advantages offered by the 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 phones, where extremely rigorous demands are placed on such

characteristics. The company's technology can also be used in IT and Internet

security, access control, etc. Fingerprint Cards AB (FPC) is listed on the

Nasdaq OMX Stockholm (FING B) and has its head office in Gothenburg.

About Nok Nok Labs

Nok Nok Labs, Inc., based in Palo Alto, CA, was founded to transform online

authentication for modern computing. The company is backed by a team of

security industry veterans from PGP, Netscape, PayPal & Phoenix, and have deep

experience in building Internet scale security protocols and products.  The

company's ambition is to enable end-to-end trust across the web using

authentication methods that are natural to end-users and provide strong proof

of identity.  For more information, visit http://www.noknok.com.

Fingerprint Cards AB (publ) discloses this information pursuant to the Swedish

Securities Market Act (2007:528) and the Swedish Financial Instruments Trading

Act (1991:980). The information was issued for publication on November 26,

2013, at 08.20 a.m. (CET).

Important information

Issuance, publication or distribution of this press release in certain

jurisdictions could be subject to restrictions. The recipient of this press

release is responsible for using this press release and the constituent

information in accordance with the rules and regulations prevailing in the

particular jurisdiction. This press release does not constitute an offer or an

offering to acquire or subscribe for any of the company's securities in any

jurisdiction.

For more information contact:

Johan Carlstrom, CEO Fingerprint Cards AB (publ), +46(0)31-60-78-20,

investrel@fingerprints.com

Tom Rice, Merritt Group, Inc., 703-856-2218, rice@merrittgrp.com

Source: Fingerprint Cards AB