August 17, 2017
Fingerprint Cards appoints Thomas Rex as SVP Business Line Smartcards
Following Fingerprint Cards’ (FingerprintsTM) strategy to grow with new application areas, Thomas Rex has been appointed SVP, Business Line Smartcards. He will also be part of Fingerprints’ management team. Thomas is currently engaged in business development within smartcards and has previously also been the company’s head of Sales for almost five years.
“Thomas has been a key player in developing today’s smartphone business, so it’s natural that he now will become responsible for developing the smartcards business. This is an important growth opportunity for Fingerprints and there is currently a lot of activity within the eco-system to establish the partnerships needed for the market to accelerate in the coming years”, said Christian Fredrikson, CEO of Fingerprints.
“I am very pleased to have been trusted with responsibility for the Business Line Smartcards. The growth opportunity is obvious and it feels incredibly stimulating to once again take part in the creation of a market. I look forward to contribute with my experience and my strong engagement in the company”, said Thomas Rex.
Thomas Rex will start his new position on September 1, 2017. Niklas Strid, who until now has been acting SVP, Business Line Smartcards in parallel with the role as SVP, Business Line PC, will remain in the company in his role as SVP, Business Line PC.
For further information, contact:
Christian Fredrikson, CEO, Fingerprint Cards
About Fingerprint Cards AB (publ)
Fingerprint Cards AB, Fingerprints, with its Swedish roots, 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. Its value is proven daily by users in millions of devices, through billions of touches, who are their own key – quite simply, 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, which results in 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, where 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 (IoT). The Fingerprints share is listed on Nasdaq Stockholm (FING B). The company has shown strong growth and sales totaled SEK 6,638 M in 2016, with an operating margin of 39 percent. Most of the more than 500 employees work in Sweden, but the company has offices worldwide, from Shanghai to Silicon Valley.
The information was submitted for publication, through the contact person set out above, on August 17, 2017, at 13.00 CEST.
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Source: Fingerprint Cards